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

Contents:

  1. Price for Wool; (Not Carded or Combed), Carbonised in Lithuania (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Carbonised in Lithuania

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

In 2022, the average import price for wool; (not carded or combed), carbonised amounted to $9,039 per ton, waning by -27.9% against the previous year. In general, the import price showed a slight decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 345%. Over the period under review, average import prices attained the maximum at $13,926 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Italy ($12,433 per ton), while the price for Spain ($7,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Lithuania recorded growth in purchases abroad of wool; (not carded or combed), carbonised, which increased by 87% to 27 tons in 2022. In general, imports posted significant growth. 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 skyrocketed to $242K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 35%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Wool; (Not Carded or Combed), Carbonised in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy84.71331791036.7%
SpainN/AN/AN/A96.20%
EgyptN/AN/AN/A42.50%
Germany42.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12713317924224.0%

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

  1. Spain (13.2 tons)
  2. Italy (8.3 tons)
  3. Egypt (5.2 tons)

Source: IndexBox Market Intelligence Platform

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