URUGUAYAN WOOL EXPORTS (Jul/23-Jun/24)
GREASY WOOL (42% of the total greasy wool base)
During the 2023/2024 wool season (July 2023 – June 2024), Uruguay exported a total of 15.9 million kilograms of greasy wool, marking a 110% growth compared to the 2022/23 season.
In terms of value, Uruguay sold greasy wool overseas totalling $44.2 million USD.
The four main destinations for greasy wool were (% of total US dollars): China (88.2%), Bulgaria (5.7%), Italy (4.9%), India (1.0%), and Egypt (0.2%).
In the 2023/2024 wool season, as in the last 8 seasons, Estancias Puppo S.A. remained Uruguay’s largest exporter of fine greasy wool in terms of total foreign exchange earnings for the country.
SCOURED WOOL (23% of the total greasy wool base)
Regarding exports of washed wool, they totalled 5.8 million clean kilograms (mkg), which represents a 90.7% increase compared to the same period last year.
The main destinations for exports of scoured wool were (percentage of total US dollars): China (57%), India (13%), Mexico (9%), Egypt (5%), and the USA (4%) among 17 destinations.
WOOL TOPS (35% of the total greasy wool base)
In the wool tops sector, exports from July 2023 to June 2024 totalled 8.5 million kilograms of clean weight, marking a 21.4% decrease compared to the same period last year. Uruguay earned $60 million USD in foreign exchange from the sale of combed wool.
The main destinations for Uruguayan wool tops, in terms of percentage of total US dollars, were Italy (28.1%), Germany (22.4%), China (8.6%), and Turkey (8.2%).
Source: José Luis Trifoglio, Estancias Puppo S.A.,