Ukraine - Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWool Price in Ukraine - 2023
Contents:
- Wool Price in Ukraine (CIF) - 2023
- Wool Price in Ukraine (FOB) - 2022
- Wool Imports in Ukraine
- Wool Exports in Ukraine
Wool Price in Ukraine (CIF) - 2023
The average wool import price stood at $2,701 per ton in August 2023, surging by 5.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 312% against the previous month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,910 per ton), while the price for New Zealand totaled $2,602 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool Price in Ukraine (FOB) - 2022
The average wool export price stood at $1,914 per ton in 2022, dropping by -15.4% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 31%. As a result, the export price attained the peak level of $4,262 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($2,034 per ton), while the average price for exports to Poland stood at $1,404 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+44.6%), while the prices for the other major destinations experienced mixed trend patterns.
Wool Imports in Ukraine
In 2022, the amount of wool imported into Ukraine fell notably to 480 tons, waning by -55.3% compared with 2021 figures. Over the period under review, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 76%. As a result, imports reached the peak of 1.1K tons, and then shrank notably in the following year.
In value terms, wool imports rose to $956K in 2022. Overall, imports showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 47%.
Import of Wool in Ukraine (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 52.4 | 90.4 | 227 | 765 | 144.4% |
Turkey | 35.0 | 7.8 | 24.9 | 98.4 | 41.1% |
Belgium | 25.9 | 50.3 | 50.5 | 74.5 | 42.2% |
Turkmenistan | 153 | 61.2 | 95.7 | 9.2 | -60.8% |
Russia | 11.5 | 9.7 | 12.6 | N/A | 4.7% |
Tunisia | 214 | 73.7 | 204 | N/A | -2.4% |
Belarus | 175 | 170 | 252 | N/A | 20.0% |
Others | 399 | 164 | 56.0 | 9.3 | -71.4% |
Total | 1,066 | 627 | 923 | 956 | -3.6% |
Top Suppliers of Wool to Ukraine in 2022:
- New Zealand (272.8 tons)
- Turkey (102.5 tons)
- Belgium (96.2 tons)
- Turkmenistan (8.4 tons)
Wool Exports in Ukraine
In 2022, the amount of wool exported from Ukraine skyrocketed to 77 tons, increasing by 104% compared with 2021 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wool exports soared to $148K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wool in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 34.5 | 33.2 | 37.0 | 127 | 54.4% |
Poland | 3.0 | 9.1 | 2.7 | 20.7 | 90.4% |
Germany | 34.2 | N/A | 0.1 | N/A | -94.6% |
Belarus | 4.5 | 7.4 | 4.9 | N/A | 4.3% |
Others | 51.3 | 44.2 | 40.9 | N/A | -10.7% |
Total | 127 | 93.9 | 85.6 | 148 | 5.2% |
Top Export Markets for Wool from Ukraine in 2022:
- Belgium (62.5 tons)
- Poland (14.8 tons)
This report provides an in-depth analysis of the wool market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13102200 - Wool, degreased or carbonised, not carded or combed
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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