Price for Wool, Not Carded or Combed in Greece - 2023
Contents:
- Price for Wool, Not Carded or Combed in Greece (FOB) - 2023
- Price for Wool, Not Carded or Combed in Greece (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Greece
- Imports of Wool, Not Carded or Combed in Greece
Price for Wool, Not Carded or Combed in Greece (FOB) - 2023
The average export price for wool, not carded or combed stood at $360 per ton in July 2023, approximately reflecting the previous month. Overall, the export price recorded a slight setback. The most prominent rate of growth was recorded in December 2022 an increase of 68% against the previous month. The export price peaked at $960 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From July 2022 to July 2023, the rate of growth in terms of prices for India amounted to +1.9% per month.
Price for Wool, Not Carded or Combed in Greece (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $1,639 per ton, shrinking by -18.5% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 73% against the previous year. The import price peaked at $3,428 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,196 per ton), while the price for Bosnia and Herzegovina ($200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wool, Not Carded or Combed in Greece
In 2022, exports of wool, not carded or combed from Greece contracted rapidly to 1.5K tons, which is down by -52.2% against the year before. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, the exports reached the peak of 3.1K tons, and then shrank notably in the following year.
In value terms, wool, not carded or combed exports declined rapidly to $741K in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $1.5M, and then fell sharply in the following year.
| Export of Wool, Not Carded or Combed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 963 | 586 | 1,123 | 436 | -23.2% |
| Russia | 206 | 467 | 345 | 265 | 8.8% |
| Saudi Arabia | N/A | N/A | N/A | 10.4 | 0% |
| Others | 29.5 | 29.0 | 31.8 | 29.1 | -0.5% |
| Total | 1,198 | 1,082 | 1,500 | 741 | -14.8% |
Top Export Markets for Wool, Not Carded or Combed from Greece in 2022:
- India (1300.0 tons)
- Russia (148.1 tons)
- Saudi Arabia (22.5 tons)
Imports of Wool, Not Carded or Combed in Greece
In 2022, purchases abroad of wool, not carded or combed decreased by -65.7% to 103 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a mild increase. The pace of growth was the most pronounced in 2020 when imports increased by 212% against the previous year. As a result, imports attained the peak of 307 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wool, not carded or combed imports contracted notably to $168K in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 122%. As a result, imports attained the peak of $624K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wool, Not Carded or Combed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 261 | 518 | 523 | 132 | -20.3% |
| Belgium | 8.0 | 24.7 | 20.0 | 23.9 | 44.0% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 7.9 | 0% |
| Turkey | N/A | 75.8 | N/A | 3.2 | -79.5% |
| Saudi Arabia | N/A | N/A | 26.7 | N/A | 0% |
| Others | 13.1 | 5.6 | 31.5 | 1.6 | -50.4% |
| Total | 282 | 624 | 601 | 168 | -15.9% |
Top Suppliers of Wool, Not Carded or Combed to Greece in 2022:
- New Zealand (58.3 tons)
- Bosnia and Herzegovina (39.7 tons)
- Belgium (3.3 tons)
- Turkey (1.0 tons)
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