Germany - Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGermany's Wool Price Increases Sharply to $3,740 per Ton
Germany Wool Import Price in January 2023
In January 2023, the wool price amounted to $3,740 per ton (CIF, Germany), surging by 20% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $3,980 per ton in August 2022; however, from September 2022 to January 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5,912 per ton), while the price for Greece ($766 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Australia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Wool in Germany (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| China | 9,278 | 13,137 | 10,411 | 9,321 | 24,784 | 7,093 | 4,435 | 5,002 | 7,432 | 6,952 | 13,418 | 11,059 | 5,912 |
| Australia | 4,619 | 4,925 | 4,483 | 4,576 | 4,874 | 5,832 | 4,665 | 5,324 | 3,822 | 4,995 | 4,468 | 5,551 | 5,854 |
| Belgium | 4,233 | 3,596 | 4,171 | 4,497 | 3,835 | 3,897 | 3,478 | 3,842 | 3,117 | 3,492 | 2,965 | 3,210 | 3,765 |
| United Kingdom | 4,228 | 3,213 | 3,414 | 6,206 | 3,292 | 3,714 | 3,009 | 4,887 | 5,000 | 4,950 | 2,608 | 3,558 | 3,231 |
| New Zealand | 2,597 | 2,538 | 2,874 | 2,714 | 2,497 | 2,206 | 2,059 | 2,550 | 2,207 | 2,383 | 2,739 | 2,665 | 2,859 |
| France | 2,468 | 3,385 | 2,609 | 3,178 | 3,025 | 2,366 | 2,446 | 2,116 | 2,684 | 3,001 | 3,213 | 3,086 | 2,230 |
| Iceland | N/A | 2,412 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1,831 |
| Greece | 680 | N/A | 790 | N/A | 758 | 761 | 789 | 785 | N/A | 762 | N/A | 753 | 766 |
| Turkey | N/A | 3,535 | 3,006 | 3,347 | N/A | 3,267 | 3,448 | 2,132 | 2,294 | 3,051 | N/A | 1,377 | N/A |
| Average | 3,577 | 3,560 | 3,823 | 3,797 | 3,463 | 3,218 | 3,735 | 3,980 | 3,159 | 3,229 | 3,446 | 3,117 | 3,740 |
Germany Wool Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was wool; (not carded or combed), degreased, (not carbonised), (other than shorn) ($8,936 per ton), while the price for wool; (not carded or combed), degreased, (not carbonised), shorn ($2,962 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by wool; (not carded or combed), carbonised (+1.2%), while the prices for the other products experienced mixed trend patterns.
Germany Wool Imports
In January 2023, wool imports into Germany reduced markedly to 427 tons, declining by -30.8% on the month before. In general, imports saw a slight contraction. The pace of growth was the most pronounced in May 2022 with an increase of 80% month-to-month.
In value terms, wool imports shrank rapidly to $1.6M (IndexBox estimates) in January 2023. Over the period under review, imports showed a slight curtailment. The growth pace was the most rapid in May 2022 when imports increased by 65% month-to-month.
Germany Wool Imports by Type
In January 2023, wool; (not carded or combed), degreased, (not carbonised), shorn (290 tons) constituted the largest type of wool supplied to Germany, accounting for a 68% share of total imports. Moreover, wool; (not carded or combed), degreased, (not carbonised), shorn exceeded the figures recorded for the second-largest type, wool; (not carded or combed), carbonised (137 tons), twofold.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of wool; (not carded or combed), degreased, (not carbonised), shorn amounted to -1.4%. With regard to the other supplied products, the following average monthly rates of growth were recorded: wool; (not carded or combed), carbonised (-1.4% per month) and wool; (not carded or combed), degreased, (not carbonised), (other than shorn) (-19.2% per month).
In value terms, wool; (not carded or combed), degreased, (not carbonised), shorn ($859K), wool; (not carded or combed), carbonised ($738K) and wool; (not carded or combed), degreased, (not carbonised), (other than shorn) ($1.3K) appeared to be the most imported types of wool in Germany.
Germany Wool Imports by Country
New Zealand (156 tons), Australia (115 tons) and Belgium (85 tons) were the main suppliers of wool imports to Germany, together comprising 83% of total imports. These countries were followed by Iceland, Greece, the UK, China and France, which together accounted for a further 15%.
From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +64.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest wool suppliers to Germany were Australia ($674K), New Zealand ($445K) and Belgium ($319K), with a combined 90% share of total imports. China, Iceland, the UK, France and Greece lagged somewhat behind, together comprising a further 9.3%.
Among the main suppliers, China, with a CAGR of +58.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the wool market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
