Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France - 2023

Contents:

1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France (FOB) - 2023
2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France (CIF) - 2023
3. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France
4. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in France (FOB) - 2023

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $2,817 per ton in September 2023, with an increase of 31% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 132% against the previous month. As a result, the export price attained the peak level of $5,882 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In September 2023, the country with the highest price was Switzerland ($2,995 per ton), while the average price for exports to Spain ($2,067 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.3%), 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 France (CIF) - 2023

In October 2023, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $3,117 per ton, waning by -14.4% against the previous month. In general, the import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in March 2023 an increase of 583% against the previous month. As a result, import price reached the peak level of $13,938 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($3,746 per ton), while the price for Morocco totaled $1,785 per ton.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Tunisia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn exported from France skyrocketed to 918 tons, jumping by 33% on the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $2.7M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (614.6 tons)
2. Belgium (130.0 tons)
3. United Kingdom (49.6 tons)
4. Japan (48.6 tons)
5. Spain (26.7 tons)
6. Egypt (22.5 tons)
7. Switzerland (14.2 tons)

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

In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), shorn into France surged to 880 tons, increasing by 29% compared with 2021. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 fell to $1.6M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of $1.6M, and then shrank in the following year.

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

1. Morocco (306.1 tons)
2. Tunisia (207.3 tons)
3. Spain (191.3 tons)
4. New Zealand (90.3 tons)
5. Belgium (47.2 tons)
6. Germany (15.3 tons)

Source: IndexBox Market Intelligence Platform