Price for Wool, Not Carded or Combed in Finland - 2023
Contents:
- Price for Wool, Not Carded or Combed in Finland (CIF) - 2022
- Price for Wool, Not Carded or Combed in Finland (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Finland
- Exports of Wool, Not Carded or Combed in Finland
Price for Wool, Not Carded or Combed in Finland (CIF) - 2022
The average import price for wool, not carded or combed stood at $5,383 per ton in 2022, declining by -39.2% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 116%. As a result, import price reached the peak level of $36,000 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($45,067 per ton), while the price for the UK ($4,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Finland (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $20,900 per ton, increasing by 105% against the previous year. Over the period under review, the export price, however, continues to indicate a precipitous contraction. The pace of growth was the most pronounced in 2016 an increase of 222% against the previous year. The export price peaked at $225,773 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the UK ($98,000 per ton), while the average price for exports to Sweden ($4,435 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 the UK (+926.6%), while the prices for the other major destinations experienced a decline.
Imports of Wool, Not Carded or Combed in Finland
In 2022, overseas purchases of wool, not carded or combed decreased by -42.8% to 7.2 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,915% against the previous year. As a result, imports reached the peak of 21 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wool, not carded or combed imports contracted notably to $39K in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 722% against the previous year. As a result, imports reached the peak of $131K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Wool, Not Carded or Combed in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 34.9 | 87.5 | 29.7 | -7.8% |
Germany | N/A | N/A | 6.6 | 8.1 | 22.7% |
Sweden | 10.7 | 16.1 | 10.6 | 0.8 | -57.9% |
New Zealand | N/A | 79.8 | N/A | N/A | 0% |
Others | 5.2 | N/A | 6.4 | N/A | 10.9% |
Total | 15.9 | 131 | 111 | 38.6 | 34.4% |
Top Suppliers of Wool, Not Carded or Combed to Finland in 2022:
- Sweden (undefined tons)
- United Kingdom (6.9 tons)
- Germany (0.2 tons)
Exports of Wool, Not Carded or Combed in Finland
In 2022, shipments abroad of wool, not carded or combed decreased by -77.7% to 2 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 697% against the previous year. As a result, the exports attained the peak of 9.2 tons, and then shrank notably in the following year.
In value terms, wool, not carded or combed exports shrank notably to $43K in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 495% against the previous year. As a result, the exports attained the peak of $128K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Wool, Not Carded or Combed in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 0.5 | 0.5 | 6.9 | 35.4 | 313.7% |
United Kingdom | N/A | N/A | 61.0 | 2.5 | -95.9% |
Sweden | N/A | 1.0 | 2.8 | 1.7 | 30.4% |
United States | 1.9 | 13.2 | 18.2 | 0.3 | -46.0% |
Dominican Republic | N/A | 82.0 | N/A | N/A | 0% |
Others | 19.2 | 31.4 | 4.8 | 2.8 | -47.4% |
Total | 21.5 | 128 | 93.6 | 42.8 | 25.8% |
Top Export Markets for Wool, Not Carded or Combed from Finland in 2022:
- Lithuania (1590.0 kg)
- Sweden (391.0 kg)
- United States (28.0 kg)
- United Kingdom (26.0 kg)
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