Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (FOB) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt
  4. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $2,298 per ton, rising by 237% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,298 per ton), while the average price for exports to the Czech Republic totaled $2,298 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-4.4%).

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $2,190 per ton in 2022, falling by -9.3% against the previous year. Overall, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 105%. As a result, import price attained the peak level of $5,134 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,664 per ton), while the price for the UK amounted to $1,908 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-3.0%), while the prices for the other major suppliers experienced a decline.

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from Egypt reduced notably to 466 tons, which is down by -75.3% against 2021. In general, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. As a result, the exports attained the peak of 1.9K tons, and then contracted remarkably in the following year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) reduced sharply to $1.1M in 2022. Over the period under review, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of $1.3M, and then fell significantly in the following year.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A9460%
ItalyN/A61.2N/A12442.3%
India1,2118321,281N/A2.8%
Others3.0N/A6.8N/A50.6%
Total1,2148931,2881,070-4.1%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Egypt in 2022:

  1. Czech Republic (411.7 tons)
  2. Italy (54.1 tons)

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt

In 2022, approx. 203 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were imported into Egypt; with an increase of 33% on the year before. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,844% against the previous year. As a result, imports reached the peak of 242 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) soared to $444K in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 710% against the previous year. As a result, imports attained the peak of $518K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom20.8235273371161.3%
Italy43.2N/AN/A68.216.4%
UruguayN/A28396.0N/A-66.1%
OthersN/AN/AN/A4.20%
Total64.051836944490.7%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Egypt in 2022:

  1. United Kingdom (194.4 tons)
  2. Italy (6.4 tons)

Source: IndexBox Market Intelligence Platform

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