Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $1,364 per ton in 2022, increasing by 4.4% against the previous year. In general, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16% against the previous year. The export price peaked at $3,102 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,359 per ton), while the average price for exports to India ($1,091 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-2.6%), while the prices for the other major destinations experienced a decline.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $1,972 per ton in 2022, jumping by 23% against the previous year. In general, the import price showed a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 445% against the previous year. As a result, import price reached the peak level of $4,750 per ton. From 2021 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 Australia ($11,174 per ton), while the price for Morocco ($886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -37.3% to 5.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of 8.6K tons, and then fell sharply in the following year.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted notably to $7.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 85%. As a result, the exports attained the peak of $11M, and then declined dramatically in the following year.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 1.9 | 4.0 | 3.1 | -6.6% |
| India | 1.5 | 2.5 | 4.5 | 2.4 | 17.0% |
| Poland | 0.4 | 0.1 | 0.7 | 0.5 | 7.7% |
| United Kingdom | 0.6 | 0.7 | 1.1 | 0.4 | -12.6% |
| Italy | 0.8 | 0.3 | 0.3 | 0.3 | -27.9% |
| Germany | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Others | 0.1 | 0.4 | 0.7 | 0.4 | 58.7% |
| Total | 7.3 | 6.1 | 11.3 | 7.4 | 0.5% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Turkey in 2022:
- India (2242.6 tons)
- China (2003.8 tons)
- Poland (337.3 tons)
- United Kingdom (295.1 tons)
- Germany (133.2 tons)
- Italy (113.6 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey
In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) into Turkey declined dramatically to 149 tons, which is down by -59.8% on the previous year's figure. Over the period under review, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted sharply to $294K in 2022. Overall, imports faced a dramatic slump. The smallest decline of -12.6% was in 2020.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 475 | N/A | 152 | -43.4% |
| Syrian Arab Republic | N/A | N/A | N/A | 59.7 | 0% |
| Serbia | N/A | N/A | N/A | 49.7 | 0% |
| Morocco | N/A | N/A | 95.0 | 32.9 | -65.4% |
| New Zealand | N/A | N/A | 79.0 | N/A | 0% |
| China | 52.9 | N/A | 423 | N/A | 182.8% |
| Uruguay | 163 | 209 | N/A | N/A | 28.2% |
| Libya | 41.7 | N/A | N/A | N/A | 0% |
| Algeria | 123 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 390 | N/A | N/A | N/A | 0% |
| Others | 53.0 | 35.7 | 1.0 | 0.3 | -82.2% |
| Total | 823 | 720 | 598 | 294 | -29.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Turkey in 2022:
- Syrian Arab Republic (49.7 tons)
- Serbia (48.7 tons)
- Morocco (37.2 tons)
- Australia (13.6 tons)
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