Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (CIF) - 2023
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $1,679 per ton in October 2023, remaining relatively unchanged against the previous month. Overall, the import price saw a buoyant increase. The growth pace was the most rapid in July 2023 an increase of 97% m-o-m. The import price peaked at $2,364 per ton in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to +5.5% per month.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $3,730 per ton, picking up by 80% against the previous year. Over the period under review, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +5.9% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia
In 2022, approx. 118 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into Serbia; with an increase of 782% on the year before. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 31,843% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $134K in 2022. Overall, imports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 12,291%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 130 | N/A | 23.7 | 132 | 0.5% |
| United Kingdom | N/A | N/A | 0.3 | 2.1 | 600.0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 130 | 0.2 | 24.0 | 134 | 1.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Serbia in 2022:
- Turkey (116.3 tons)
- United Kingdom (2.0 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -43.4% to 5.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a sharp shrinkage.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn expanded slightly to $20K in 2022. In general, exports showed a dramatic setback.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | N/A | N/A | N/A | 19.6 | 0% |
| Turkey | N/A | N/A | 18.9 | N/A | 0% |
| Belgium | 134 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 134 | N/A | 19.3 | 19.6 | -47.3% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Serbia in 2022:
- Bosnia and Herzegovina (5.3 tons)
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