Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark - 2023

Contents:

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

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $890 per ton, declining by -55.8% against the previous year. Overall, the export price showed a precipitous curtailment. The pace of growth was the most pronounced in 2017 an increase of 144%. Over the period under review, the average export prices attained the peak figure at $37,500 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Faroe Islands ($25,276 per ton), while the average price for exports to the UK ($839 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 Faroe Islands (+62.1%), while the prices for the other major destinations experienced a decline.

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $922 per ton, reducing by -45.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 24%. The import price peaked at $3,236 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Faroe Islands amounted to +16.4% per year.

Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark

In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn exported from Denmark soared to 80 tons, jumping by 287% on 2021. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 550,658% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $71K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 20,177%. As a result, the exports attained the peak of $91K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/A33.141.826.3%
United KingdomN/A87.4N/A27.2-44.2%
Faroe IslandsN/A3.64.10.7-55.9%
Others0.50.34.31.337.5%
Total0.591.241.571.0421.7%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Denmark in 2022:

  1. Ireland (47.3 tons)
  2. United Kingdom (32.4 tons)

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark

In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn imported into Denmark soared to 47 tons, picking up by 134% against 2021 figures. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 24,181% against the previous year. As a result, imports reached the peak of 66 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $44K in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 26,099% against the previous year. As a result, imports reached the peak of $90K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A88.334.343.4-29.9%
Others0.31.6N/A0.410.1%
Total0.389.934.343.7426.2%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Denmark in 2022:

  1. Norway (47.4 tons)

Source: IndexBox Market Intelligence Platform

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