Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $143,000 per ton in 2022, picking up by 2,071% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -6.2% per year.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $4,600 per ton, falling by -23.5% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) increased by +47.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 48% against the previous year. The export price peaked at $6,010 per ton in 2021, and then shrank sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.5% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway
In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -99.9% to 1 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell remarkably to $143 in 2022. In general, imports faced a precipitous descent. The smallest decline of -1.1% was in 2020.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
| Sweden | 6.9 | 7.4 | 2.9 | N/A | -35.2% |
| United Kingdom | 1.8 | 2.2 | 0.9 | N/A | -29.3% |
| Others | 1.9 | 1.4 | 0.6 | N/A | -43.8% |
| Total | 11.2 | 11.1 | 4.5 | 0.1 | -79.3% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Norway in 2022:
- Italy (1.0 kg)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) increased by 49% to 145 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic slump.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) totaled $667 in 2022. Overall, exports, however, faced a dramatic slump.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.7 | 0.7 | 0.6 | 0.7 | -69.9% |
| Others | 4.4 | N/A | N/A | N/A | 0% |
| Total | 30.2 | 0.7 | 0.6 | 0.7 | -71.5% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Norway in 2022:
- India (144.0 kg)
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