Price for Wool; (Not Carded or Combed), Carbonised in Denmark - 2023

Contents:

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

Price for Wool; (Not Carded or Combed), Carbonised in Denmark (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $53,924 per ton, with a decrease of -64.6% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 5,021%. As a result, the export price reached the peak level of $1,076,500 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($162,333 per ton), while the average price for exports to Switzerland totaled $45,014 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-9.7%).

Price for Wool; (Not Carded or Combed), Carbonised in Denmark (CIF) - 2022

The average import price for wool; (not carded or combed), carbonised stood at $105,579 per ton in 2022, approximately equating the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 95%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Vietnam ($116,941 per ton), while the price for the Netherlands stood at $9,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+288.1%).

Exports of Wool; (Not Carded or Combed), Carbonised in Denmark

Exports of wool; (not carded or combed), carbonised from Denmark surged to 79 kg in 2022, with an increase of 84% against the previous year's figure. Overall, exports, however, saw a precipitous descent.

In value terms, exports of wool; (not carded or combed), carbonised shrank dramatically to $4.3K in 2022. In general, exports posted a resilient increase.

Export of Wool; (Not Carded or Combed), Carbonised in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A1.83.383.3%
United KingdomN/AN/AN/A1.00%
Norway3.3N/AN/AN/A0%
LiechtensteinN/AN/A4.8N/A0%
OthersN/AN/AN/AN/A0%
Total3.3N/A6.54.39.2%

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Denmark in 2022:

  1. Switzerland (73.0 kg)
  2. United Kingdom (6.0 kg)

Imports of Wool; (Not Carded or Combed), Carbonised in Denmark

In 2022, purchases abroad of wool; (not carded or combed), carbonised decreased by 0% to 19 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wool; (not carded or combed), carbonised stood at $2K in 2022. Overall, imports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Wool; (Not Carded or Combed), Carbonised in Denmark (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8.0N/AN/A1,988528.7%
NetherlandsN/AN/AN/A18.00%
OthersN/AN/AN/AN/A0%
Total8.0N/AN/A2,006530.6%

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Denmark in 2022:

  1. Vietnam (17.0 kg)
  2. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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