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

Contents:

1. Price for Wool; (Not Carded or Combed), Carbonised in Germany (CIF) - 2023
2. Price for Wool; (Not Carded or Combed), Carbonised in Germany (FOB) - 2023
3. Imports of Wool; (Not Carded or Combed), Carbonised in Germany
4. Exports of Wool; (Not Carded or Combed), Carbonised in Germany

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

The average import price for wool; (not carded or combed), carbonised stood at $4,464 per ton in October 2023, waning by -21.8% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 50% month-to-month. As a result, import price reached the peak level of $8,351 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Egypt ($4,807 per ton), while the price for China ($4,092 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Germany has no trade partners to describe.

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

In 2022, approx. 2.3K tons of wool; (not carded or combed), carbonised were imported into Germany; increasing by 99% on the previous year. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; (not carded or combed), carbonised soared to $11M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Australia (1875.9 tons)
2. Belgium (163.5 tons)
3. Egypt (106.0 tons)
4. China (43.3 tons)
5. Italy (40.7 tons)
6. New Zealand (39.1 tons)
7. France (5.2 tons)
8. South Africa (1.7 tons)

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

Exports of wool; (not carded or combed), carbonised from Germany surged to 548 tons in 2022, rising by 31% on 2021. In general, exports recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of wool; (not carded or combed), carbonised surged to $4.2M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Italy (239.6 tons)
2. India (63.2 tons)
3. Czech Republic (62.1 tons)
4. France (41.8 tons)
5. Spain (40.0 tons)
6. Turkey (21.3 tons)
7. Canada (21.2 tons)
8. United States (13.9 tons)
9. Russia (13.6 tons)
10. Portugal (5.6 tons)

Source: IndexBox Market Intelligence Platform