Price for Wool, Not Carded or Combed in Denmark - 2023

Contents:

1. Price for Wool, Not Carded or Combed in Denmark (CIF) - 2022
2. Price for Wool, Not Carded or Combed in Denmark (FOB) - 2022
3. Imports of Wool, Not Carded or Combed in Denmark
4. Exports of Wool, Not Carded or Combed in Denmark

Price for Wool, Not Carded or Combed in Denmark (CIF) - 2022

In 2022, the average import price for wool, not carded or combed amounted to $6,281 per ton, with an increase of 69% against the previous year. Overall, the import price recorded a temperate increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 75%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,025 per ton), while the price for New Zealand ($4,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool, Not Carded or Combed in Denmark (FOB) - 2022

In 2022, the average export price for wool, not carded or combed amounted to $2,524 per ton, declining by -60.3% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 185%. Over the period under review, the average export prices hit record highs at $22,093 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($14,549 per ton), while the average price for exports to the UK ($1,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-4.8%).

Imports of Wool, Not Carded or Combed in Denmark

In 2022, purchases abroad of wool, not carded or combed decreased by -56.3% to 21 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 259% against the previous year. As a result, imports attained the peak of 98 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wool, not carded or combed imports declined significantly to $132K in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 196% against the previous year. As a result, imports attained the peak of $208K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Wool, Not Carded or Combed to Denmark in 2022:

1. United Kingdom (11.9 tons)
2. New Zealand (8.4 tons)

Exports of Wool, Not Carded or Combed in Denmark

Wool, not carded or combed exports from Denmark skyrocketed to 51 tons in 2022, jumping by 416% against 2021 figures. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wool, not carded or combed exports skyrocketed to $129K in 2022. Over the period under review, exports, however, showed a deep contraction.

Top Export Markets for Wool, Not Carded or Combed from Denmark in 2022:

1. United Kingdom (45.3 tons)
2. South Africa (2.9 tons)
3. Romania (1.5 tons)
4. Greenland (0.6 tons)
5. Norway (0.3 tons)
6. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform