Price for Wool, Not Carded or Combed in Germany - 2023
Contents:
- Price for Wool, Not Carded or Combed in Germany (CIF) - 2023
- Price for Wool, Not Carded or Combed in Germany (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Germany
- Exports of Wool, Not Carded or Combed in Germany
Price for Wool, Not Carded or Combed in Germany (CIF) - 2023
The average import price for wool, not carded or combed stood at $3,774 per ton in July 2023, growing by 6.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 27% m-o-m. As a result, import price attained the peak level of $4,701 per ton. From March 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Falkland Islands (Malvinas) ($11,376 per ton), while the price for Greece ($996 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Falkland Islands (Malvinas) (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Germany (FOB) - 2022
The average export price for wool, not carded or combed stood at $3,530 per ton in 2022, picking up by 7.3% against the previous year. In general, the export price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, the average export prices attained the maximum at $5,754 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($5,351 per ton), while the average price for exports to Belgium ($942 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 India (+5.6%), while the prices for the other major destinations experienced a decline.
Imports of Wool, Not Carded or Combed in Germany
Wool, not carded or combed imports into Germany expanded notably to 8.5K tons in 2022, with an increase of 9.1% against the previous year. The total import volume increased at an average annual rate of +6.4% 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 when imports increased by 22%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, wool, not carded or combed imports skyrocketed to $30M in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Wool, Not Carded or Combed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8.7 | 6.7 | 7.3 | 9.3 | 2.2% |
| New Zealand | 5.3 | 4.5 | 6.7 | 6.7 | 8.1% |
| Falkland Islands (Malvinas) | 2.4 | 0.6 | 1.4 | 2.9 | 6.5% |
| France | 1.5 | 1.4 | 2.2 | 1.8 | 6.3% |
| Belgium | 1.2 | 1.4 | 1.2 | 1.5 | 7.7% |
| United Kingdom | 1.8 | 1.5 | 0.8 | 1.3 | -10.3% |
| Uruguay | 0.1 | 0.1 | 0.4 | 0.9 | 108.0% |
| Turkey | 0.3 | 0.3 | 0.2 | 0.8 | 38.7% |
| Switzerland | 1.3 | 0.9 | 0.7 | 0.6 | -22.7% |
| Bulgaria | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Spain | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Greece | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| South Africa | 3.1 | 2.0 | 0.1 | N/A | -82.0% |
| Others | 4.2 | 3.5 | 3.2 | 3.2 | -8.7% |
| Total | 30.8 | 23.6 | 25.3 | 30.1 | -0.8% |
Top Suppliers of Wool, Not Carded or Combed to Germany in 2022:
- New Zealand (2640.3 tons)
- Australia (1952.0 tons)
- France (633.7 tons)
- Falkland Islands (Malvinas) (599.1 tons)
- Belgium (457.1 tons)
- United Kingdom (337.4 tons)
- Switzerland (284.2 tons)
- Turkey (265.2 tons)
- Greece (252.6 tons)
- Bulgaria (192.6 tons)
- Uruguay (167.7 tons)
- Spain (134.4 tons)
- South Africa (13.1 tons)
Exports of Wool, Not Carded or Combed in Germany
Wool, not carded or combed exports from Germany totaled 5K tons in 2022, growing by 2.2% on 2021. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, wool, not carded or combed exports expanded notably to $18M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Wool, Not Carded or Combed in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,350 | 1,617 | 3,386 | 4,286 | 22.2% |
| Czech Republic | 3,332 | 2,336 | 1,773 | 3,207 | -1.3% |
| Austria | 2,252 | 1,863 | 2,313 | 1,794 | -7.3% |
| Poland | 751 | 803 | 1,343 | 1,154 | 15.4% |
| Hungary | 652 | 519 | 845 | 960 | 13.8% |
| Belgium | 854 | 568 | 799 | 667 | -7.9% |
| Portugal | 405 | 315 | 586 | 645 | 16.8% |
| Spain | 161 | 117 | 319 | 355 | 30.2% |
| Bulgaria | 258 | 198 | 325 | 351 | 10.8% |
| Moldova | 549 | 680 | 1,132 | 324 | -16.1% |
| India | 99.5 | 78.4 | 83.6 | 313 | 46.5% |
| Lithuania | 152 | 245 | 379 | 312 | 27.1% |
| Canada | 261 | 215 | 97.1 | 248 | -1.7% |
| Others | 3,715 | 2,506 | 2,638 | 2,966 | -7.2% |
| Total | 15,791 | 12,060 | 16,019 | 17,582 | 3.6% |
Top Export Markets for Wool, Not Carded or Combed from Germany in 2022:
- Italy (955.9 tons)
- Belgium (708.5 tons)
- Czech Republic (599.4 tons)
- Hungary (396.4 tons)
- Austria (390.2 tons)
- Poland (303.8 tons)
- Moldova (279.7 tons)
- Bulgaria (161.5 tons)
- Portugal (149.0 tons)
- Canada (109.7 tons)
- India (87.1 tons)
- Lithuania (86.7 tons)
- Spain (83.7 tons)
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