Price for Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates
  4. Exports of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates

Price for Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), carbonised amounted to $7,500 per ton, which is down by -80% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 209%. As a result, import price attained the peak level of $48,506 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,000 per ton), while the price for Germany amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%).

Price for Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (FOB) - 2022

The average export price for wool; (not carded or combed), carbonised stood at $13,292 per ton in 2022, which is down by -6.3% against the previous year. In general, the export price, however, recorded a slight expansion. The export price peaked at $14,185 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.9% per year.

Imports of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in overseas purchases of wool; (not carded or combed), carbonised, which decreased by -99.3% to 2 kg in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -39.5% was in 2021.

In value terms, imports of wool; (not carded or combed), carbonised dropped dramatically to $15 in 2022. Over the period under review, imports showed a sharp downturn. The pace of growth was the most pronounced in 2020 when imports increased by 78% against the previous year. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.40.20.2N/A-29.3%
GermanyN/AN/AN/AN/A0%
United Kingdom4.62.82.6N/A-24.8%
Italy6.917.67.4N/A3.6%
United States0.40.1N/AN/A-75.0%
OthersN/A1.2N/AN/A0%
Total12.322.010.3N/A-8.5%

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to the United Arab Emirates in 2022:

  1. United States (1.0 kg)
  2. Germany (1.0 kg)

Exports of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates

In 2022, exports of wool; (not carded or combed), carbonised from the United Arab Emirates skyrocketed to 212 kg, increasing by 40% against 2021 figures. In general, total exports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +40.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool; (not carded or combed), carbonised soared to $2.8K in 2022. The total export value increased at an average annual rate of +31.6% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wool; (Not Carded or Combed), Carbonised in the United Arab Emirates (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ThailandN/A2.80%
Oman2.1N/A0%
OthersN/AN/A0%
Total2.12.833.3%

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from the United Arab Emirates in 2022:

  1. Thailand (212.0 kg)

Source: IndexBox Market Intelligence Platform

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