Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (CIF) - 2023
In September 2023, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $2,683 per ton, rising by 2.5% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in May 2023 an increase of 18% against the previous month. The import price peaked at $2,717 per ton in June 2023; afterwards, it flattened through to September 2023.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From November 2022 to September 2023, the rate of growth in terms of prices for Lithuania amounted to +1.5% per month.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $6,292 per ton, surging by 18% against the previous year. Overall, the export price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 92%. The export price peaked at $19,020 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2014 to 2022, the rate of growth in terms of prices for Lithuania amounted to -1.3% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) imported into Estonia expanded significantly to 427 tons, increasing by 5.6% against the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,695% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $920K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 879% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 547 | 798 | 907 | 28.8% |
| Germany | 56.6 | 107 | 58.3 | 12.6 | -39.4% |
| Others | 13.4 | 32.0 | 16.2 | N/A | 10.0% |
| Total | 70.0 | 686 | 872 | 920 | 136.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Estonia in 2022:
- Lithuania (424.5 tons)
- Germany (2.8 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn), when their volume decreased by -5.5% to 36 tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 41,327%.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) totaled $224K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 18,834% against the previous year. As a result, the exports attained the peak of $247K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.8 | 247 | 199 | 222 | 552.3% |
| Others | 0.5 | 0.2 | 2.2 | 2.4 | 68.7% |
| Total | 1.3 | 247 | 201 | 224 | 456.5% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Estonia in 2022:
- Lithuania (35.6 tons)
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