Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (FOB) - 2023
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (CIF) - 2023
In October 2023, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,660 per ton, with a decrease of -25.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 48% m-o-m. As a result, import price reached the peak level of $3,550 per ton, and then fell dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($40,860 per ton), while the price for New Zealand ($2,585 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (FOB) - 2023
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $3,813 per ton in October 2023, reducing by -1.5% against the previous month. Over the period under review, export price indicated a mild expansion from November 2022 to October 2023: its price increased at an average monthly rate of +1.6% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -17.1% against August 2023 indices. The most prominent rate of growth was recorded in August 2023 an increase of 107% m-o-m. As a result, the export price attained the peak level of $4,601 per ton. From September 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($6,406 per ton), while the average price for exports to Turkey ($3,318 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany
Imports of wool; (not carded or combed), degreased, (not carbonised), shorn into Germany fell to 5.2K tons in 2022, dropping by -13.3% compared with the year before. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 6K tons, and then contracted in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn fell to $15M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $16M, and then shrank in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.1 | 4.2 | 6.3 | 6.1 | 6.1% |
| France | 1.2 | 1.1 | 1.9 | 1.7 | 12.3% |
| Belgium | 0.9 | 2.2 | 2.5 | 1.3 | 13.0% |
| United Kingdom | 1.8 | 1.4 | 0.5 | 1.0 | -17.8% |
| Turkey | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
| Bulgaria | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Greece | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 5.1 | 2.9 | 4.0 | 3.2 | -14.4% |
| Total | 14.9 | 12.6 | 15.9 | 14.7 | -0.4% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Germany in 2022:
- New Zealand (2495.5 tons)
- France (572.8 tons)
- Belgium (407.6 tons)
- United Kingdom (300.1 tons)
- Turkey (265.2 tons)
- Greece (252.6 tons)
- Bulgaria (158.3 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany
Exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Germany reached 2.8K tons in 2022, with an increase of 11% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 65%. The exports peaked 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), shorn dropped to $9.5M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +47.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of $9.5M, leveling off in the following year.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,015 | 835 | 1,856 | 2,411 | 33.4% |
| Austria | 2,153 | 1,759 | 2,180 | 1,728 | -7.1% |
| Poland | 441 | 616 | 1,205 | 1,144 | 37.4% |
| Hungary | 652 | 518 | 903 | 1,095 | 18.9% |
| Portugal | 205 | 257 | 512 | 590 | 42.2% |
| Belgium | 162 | 288 | 424 | 367 | 31.3% |
| Lithuania | 152 | 225 | 372 | 318 | 27.9% |
| Iran | 56.4 | 56.7 | 277 | 196 | 51.5% |
| Canada | 118 | 103 | 94.5 | 180 | 15.1% |
| Romania | 279 | 116 | 107 | 179 | -13.8% |
| Spain | 88.7 | 119 | 213 | 138 | 15.9% |
| Bulgaria | 248 | 194 | 229 | 113 | -23.0% |
| Czech Republic | 200 | 256 | 235 | 105 | -19.3% |
| Others | 1,069 | 1,105 | 906 | 932 | -4.5% |
| Total | 6,840 | 6,450 | 9,514 | 9,496 | 11.6% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Germany in 2022:
- Italy (692.8 tons)
- Hungary (439.9 tons)
- Austria (380.6 tons)
- Belgium (261.5 tons)
- Poland (251.9 tons)
- Portugal (143.3 tons)
- Canada (88.5 tons)
- Lithuania (86.7 tons)
- Iran (62.9 tons)
- Romania (60.5 tons)
- Spain (43.6 tons)
- Bulgaria (39.6 tons)
- Czech Republic (27.7 tons)
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