Price for Wool, Not Carded or Combed in Romania - 2023
Contents:
- Price for Wool, Not Carded or Combed in Romania (CIF) - 2023
- Price for Wool, Not Carded or Combed in Romania (FOB) - 2023
- Imports of Wool, Not Carded or Combed in Romania
- Exports of Wool, Not Carded or Combed in Romania
Price for Wool, Not Carded or Combed in Romania (CIF) - 2023
The average import price for wool, not carded or combed stood at $4,986 per ton in July 2023, falling by -46% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 143% month-to-month. The import price peaked at $9,238 per ton in June 2023, and then shrank sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($6,909 per ton), while the price for Germany ($3,222 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 Turkey (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Romania (FOB) - 2023
The average export price for wool, not carded or combed stood at $363 per ton in July 2023, with a decrease of -9.6% against the previous month. In general, the export price saw a slight downturn. The growth pace was the most rapid in November 2022 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices attained the maximum at $425 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Spain ($752 per ton), while the average price for exports to Turkey ($326 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool, Not Carded or Combed in Romania
In 2022, purchases abroad of wool, not carded or combed decreased by -12.9% to 548 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%. As a result, imports attained the peak of 731 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wool, not carded or combed imports contracted to $3.4M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37%. As a result, imports attained the peak of $3.8M, and then declined in the following year.
| Import of Wool, Not Carded or Combed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,343 | 967 | 1,595 | 2,091 | 15.9% |
| Germany | 2.2 | 16.0 | 530 | 754 | 599.8% |
| Czech Republic | N/A | 561 | 1,247 | 178 | -43.7% |
| Italy | 32.8 | 16.1 | 60.9 | 126 | 56.6% |
| Spain | N/A | N/A | 50.8 | 78.4 | 54.3% |
| Turkey | 102 | 544 | 219 | 26.8 | -36.0% |
| Moldova | N/A | N/A | N/A | 6.4 | 0% |
| Austria | 740 | 648 | 10.4 | N/A | -88.1% |
| Others | 1.3 | 0.1 | 51.7 | 127 | 360.6% |
| Total | 2,221 | 2,751 | 3,764 | 3,387 | 15.1% |
Top Suppliers of Wool, Not Carded or Combed to Romania in 2022:
- United Kingdom (312.4 tons)
- Italy (115.2 tons)
- Germany (44.6 tons)
- Czech Republic (21.0 tons)
- Turkey (19.2 tons)
- Spain (16.7 tons)
- Moldova (13.7 tons)
Exports of Wool, Not Carded or Combed in Romania
In 2022, exports of wool, not carded or combed from Romania declined dramatically to 5.9K tons, with a decrease of -30.7% on the year before. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.
In value terms, wool, not carded or combed exports declined significantly to $2.3M in 2022. Overall, exports faced a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 9.9% against the previous year.
| Export of Wool, Not Carded or Combed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,610 | 1,647 | 2,545 | 1,259 | -21.6% |
| India | 376 | 507 | 98.3 | 538 | 12.7% |
| Spain | 77.2 | 247 | 257 | 157 | 26.7% |
| United Kingdom | 270 | 44.1 | 105 | 116 | -24.5% |
| Germany | 3.7 | N/A | 29.5 | 103 | 203.1% |
| China | 334 | 179 | 87.8 | 77.2 | -38.6% |
| Others | 489 | 312 | 104 | 93.3 | -42.4% |
| Total | 4,161 | 2,936 | 3,227 | 2,343 | -17.4% |
Top Export Markets for Wool, Not Carded or Combed from Romania in 2022:
- Turkey (3760.7 tons)
- India (1137.4 tons)
- Germany (224.0 tons)
- United Kingdom (218.0 tons)
- China (216.0 tons)
- Spain (123.0 tons)
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