December Wool Export report
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FOB Cumulative Wool Export Data July to December 2008 |
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Exports |
% Change on last Year | % Change on last Month | ||
| Wool Exports | tonnes clean | 53,577 | -20.1% | +7.4% |
| Wool Exports | $000 FOB | $281,233 | -10.4% | +4.3% |
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Price per tonne clean: - |
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| Fine wool | $ per tonne FOB | $14,252 | +3.2% | +8.4% |
| Medium wool | $ per tonne FOB | $5,256 | +5.4% | -3.9% |
| Fine Xbd | $ per tonne FOB | $4,506 | +16.3% | +1.5% |
| Strong Xbd | $ per tonne FOB | $4,485 | +13.5% | -7.2% |
| All wool | $ per tonne FOB | $5,249 | +12.1% | -2.9% |
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Trade weighted exchange rate changes for the period compared with the same period for the previous year. |
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| Currency* | % Change | % of Exports | ||
| GBP | +2.9% | 14% | ||
| EUR | -11.8% | 27% | ||
| AUD | -3.5% | 5% | ||
| USD | -10.0% | 54% | ||
| 100% | ||||
| * i.e. for the year to date, wool exported to the UK was at an exchange rate 2.9% higher than for the same period in the previous year. | ||||
Given the above, the overall 12.1 per cent price increase can be split between a trade weighted exchange rate depreciation effect of -12.7% and a market price decrease of 2.1 per cent. |
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Additional Wool Export Statistics for year July 2008 - December 2008 |
Any feedback on this report is appreciated.
Rob Davidson
Executive Director
Meat & Wool New Zealand Economic Service
PO Box 121 Wellington 6140, New Zealand
Phone +64 4 473 9150, Fax +64 (0)4 474 0801, DDI +64 (0)4 471 6034