Wool; Carded Price in Saudi Arabia - 2021
Contents:
- Wool; Carded Price in Saudi Arabia (FOB) - 2022
- Wool; Carded Price in Saudi Arabia (CIF) - 2022
- Wool; Carded Exports in Saudi Arabia
- Wool; Carded Imports in Saudi Arabia
Wool; Carded Price in Saudi Arabia (FOB) - 2022
The average wool; carded export price stood at $29,851 per ton in 2022, shrinking by -15.2% against the previous year. Overall, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 20% against the previous year. As a result, the export price attained the peak level of $35,193 per ton, and then declined dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +150.1% per year.
Wool; Carded Price in Saudi Arabia (CIF) - 2022
In 2021, the average wool; carded import price amounted to $10,459 per ton, jumping by 73% against the previous year. In general, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2016 to 2021, the rate of growth in terms of prices for China amounted to +29.1% per year.
Wool; Carded Exports in Saudi Arabia
In 2022, after two years of decline, there was significant growth in shipments abroad of wool; carded, when their volume increased by 505% to 2.3 tons. Over the period under review, exports, however, continue to indicate a precipitous shrinkage.
In value terms, wool; carded exports surged to $68K in 2022. In general, exports, however, showed a significant curtailment.
| Export of Wool; Carded in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 213 | 124 | 13.3 | 68.4 | -31.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 213 | 124 | 13.3 | 68.4 | -31.5% |
Top Export Markets for Wool; Carded from Saudi Arabia in 2022:
- India (2.3 tons)
Wool; Carded Imports in Saudi Arabia
In 2021, approx. 543 kg of wool; carded were imported into Saudi Arabia; which is down by -73.4% on 2020. In general, imports recorded a significant contraction.
In value terms, wool; carded imports dropped markedly to $5.7K in 2021. Over the period under review, imports saw a precipitous contraction.
| Import of Wool; Carded in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| China | 9.2 | 4.5 | -51.1% | ||
| Others | 3.2 | 1.1 | -65.6% | ||
| Total | 12.3 | 5.7 | -53.7% | ||
Top Suppliers of Wool; Carded to Saudi Arabia in 2022:
- China (534.0 kg)
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