Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $3,129 per ton, falling by -2.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $12,357 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($3,653 per ton), while the price for New Zealand totaled $3,053 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-5.6%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $6,225 per ton in 2022, dropping by -16.6% against the previous year. In general, the export price saw a significant contraction. The export price peaked at $9,862 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($6,943 per ton), while the average price for exports to the Netherlands amounted to $3,352 per ton.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia
In 2022, approx. 48 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were imported into Latvia; waning by -31.4% compared with 2021 figures. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 227%. As a result, imports attained the peak of 70 tons, and then fell remarkably in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell dramatically to $150K in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 88%.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 166 | N/A | 57.2 | 127 | -8.5% |
| Lithuania | N/A | 3.0 | 30.8 | 22.3 | 172.6% |
| Germany | 9.4 | 0.1 | 71.2 | N/A | 175.2% |
| United Kingdom | 78.7 | 117 | 65.8 | N/A | -8.6% |
| Others | 7.6 | N/A | N/A | N/A | 0% |
| Total | 262 | 120 | 225 | 150 | -17.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Latvia in 2022:
- New Zealand (41.7 tons)
- Lithuania (6.1 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) exported from Latvia reached 6.9 tons, remaining stable against the year before. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 822% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted significantly to $43K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 598% against the previous year. As a result, the exports attained the peak of $51K, and then contracted markedly in the following year.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Switzerland | N/A | N/A | 38.2 | 0% | |
| Netherlands | N/A | N/A | 4.6 | 0% | |
| Lithuania | N/A | 50.9 | N/A | 0% | |
| Italy | 7.3 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 7.3 | 50.9 | 42.8 | 142.1% | |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Latvia in 2022:
- Switzerland (5.5 tons)
- Netherlands (1.4 tons)
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