Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus (FOB) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus
  4. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $1,929 per ton in March 2022, dropping by -30.7% against the previous month. In general, the export price recorded a noticeable reduction. The growth pace was the most rapid in February 2022 an increase of 27% m-o-m. As a result, the export price reached the peak level of $2,782 per ton, and then contracted significantly in the following month.

There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was Russia ($3,205 per ton), while the average price for exports to China amounted to $1,182 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In March 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,912 per ton, reducing by -33.1% against the previous month. In general, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 50% month-to-month. As a result, import price attained the peak level of $4,858 per ton. From February 2022 to March 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Turkey amounted to +8.7% per month.

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus

In 2022, approx. 4.1K tons of wool; (not carded or combed), degreased, (not carbonised), shorn were exported from Belarus; jumping by 141% on 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 178% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $10M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.21.72.16.342.0%
China0.40.11.33.9113.6%
LithuaniaN/AN/A0.4N/A0%
Others0.10.40.3N/A73.2%
Total2.82.24.010.153.4%

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

  1. Russia (2.1K tons)
  2. China (2.0K tons)

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus

In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), shorn into Belarus soared to 1.3K tons, picking up by 76% against the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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), degreased, (not carbonised), shorn surged to $4.6M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. 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.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.84.32.64.66.6%
Uzbekistan0.1N/AN/AN/A0%
Turkey0.1N/A0.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total4.04.32.74.64.8%

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

  1. Russia (1.3K tons)

Source: IndexBox Market Intelligence Platform

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