Price for Wool, Not Carded or Combed in Austria - 2023

Contents:

  1. Price for Wool, Not Carded or Combed in Austria (CIF) - 2022
  2. Price for Wool, Not Carded or Combed in Austria (FOB) - 2022
  3. Imports of Wool, Not Carded or Combed in Austria
  4. Exports of Wool, Not Carded or Combed in Austria

Price for Wool, Not Carded or Combed in Austria (CIF) - 2022

The average import price for wool, not carded or combed stood at $4,408 per ton in 2022, which is down by -14.5% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 43% against the previous year. As a result, import price reached the peak level of $7,426 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 Germany ($5,417 per ton), while the price for Turkey ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Wool, Not Carded or Combed in Austria (FOB) - 2022

The average export price for wool, not carded or combed stood at $16,678 per ton in 2022, with an increase of 41% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 248%. As a result, the export price reached the peak level of $20,150 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($26,808 per ton), while the average price for exports to the Netherlands ($5,421 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 Italy (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wool, Not Carded or Combed in Austria

In 2022, purchases abroad of wool, not carded or combed decreased by -18.4% to 707 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 51%. As a result, imports reached the peak of 947 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wool, not carded or combed imports reduced remarkably to $3.1M in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.7%.

Import of Wool, Not Carded or Combed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,0761,6082,0012,3334.0%
Belgium74.3450757615102.3%
United Kingdom7.712550.259.697.8%
New Zealand266783102N/A-38.1%
France143194142N/A-0.4%
Libya33.146.9N/AN/A41.7%
Australia1,0695171,043N/A-1.2%
Turkey166N/AN/AN/A0%
Others808464375108-48.9%
Total4,6444,1894,4703,116-12.5%

Top Suppliers of Wool, Not Carded or Combed to Austria in 2022:

  1. Turkey (undefined tons)
  2. France (undefined tons)
  3. Germany (430.8 tons)
  4. Belgium (258.1 tons)
  5. United Kingdom (12.6 tons)

Exports of Wool, Not Carded or Combed in Austria

Wool, not carded or combed exports from Austria fell sharply to 7.6 tons in 2022, shrinking by -34% on the year before. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 1.5%.

In value terms, wool, not carded or combed exports shrank to $126K in 2022. Over the period under review, exports faced a abrupt setback.

Export of Wool, Not Carded or Combed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16191.468.583.3-19.7%
Switzerland39.447.744.033.1-5.6%
Germany26.119.26.44.0-46.5%
Netherlands2.72.13.33.03.6%
NorwayN/A4.23.6N/A-14.3%
Others3.05.09.52.8-2.3%
Total232170135126-18.4%

Top Export Markets for Wool, Not Carded or Combed from Austria in 2022:

  1. Switzerland (3.2 tons)
  2. Italy (3.1 tons)
  3. Netherlands (0.6 tons)
  4. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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