Price for Wool, Not Carded or Combed in Sweden - 2023
Contents:
- Price for Wool, Not Carded or Combed in Sweden (CIF) - 2022
- Price for Wool, Not Carded or Combed in Sweden (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Sweden
- Exports of Wool, Not Carded or Combed in Sweden
Price for Wool, Not Carded or Combed in Sweden (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $3,056 per ton, waning by -18.9% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 15% against the previous year. As a result, import price reached the peak level of $5,721 per ton. From 2015 to 2022, the average import prices remained at a 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 the UK ($6,211 per ton), while the price for Germany ($1,117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Wool, Not Carded or Combed in Sweden (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $2,117 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,109 per ton in 2012; however, from 2013 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 Norway ($9,047 per ton), while the average price for exports to the UK totaled $1,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Wool, Not Carded or Combed in Sweden
In 2022, approx. 179 tons of wool, not carded or combed were imported into Sweden; reducing by -4.3% on 2021. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of 187 tons, and then shrank in the following year.
In value terms, wool, not carded or combed imports fell notably to $548K in 2022. Overall, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +53.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 98%. As a result, imports attained the peak of $706K, and then dropped sharply in the following year.
| Import of Wool, Not Carded or Combed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 321 | 246 | 436 | 334 | 1.3% |
| United Kingdom | 187 | 102 | 219 | 108 | -16.7% |
| Germany | 0.2 | 0.7 | 4.9 | 58.6 | 564.2% |
| India | N/A | N/A | 1.6 | 21.4 | 1237.5% |
| China | N/A | N/A | 0.3 | 13.6 | 4433.3% |
| Others | 8.4 | 9.0 | 44.1 | 12.1 | 12.9% |
| Total | 516 | 357 | 706 | 548 | 2.0% |
Top Suppliers of Wool, Not Carded or Combed to Sweden in 2022:
- New Zealand (99.0 tons)
- Germany (52.5 tons)
- United Kingdom (17.5 tons)
- China (3.8 tons)
- India (3.6 tons)
Exports of Wool, Not Carded or Combed in Sweden
In 2022, the amount of wool, not carded or combed exported from Sweden contracted dramatically to 73 tons, with a decrease of -37% on the previous year's figure. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,171%. As a result, the exports attained the peak of 116 tons, and then shrank dramatically in the following year.
In value terms, wool, not carded or combed exports declined markedly to $155K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 739% against the previous year. As a result, the exports reached the peak of $245K, and then shrank markedly in the following year.
| Export of Wool, Not Carded or Combed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.1 | N/A | 107 | 75.5 | 810.6% |
| Norway | 14.4 | 14.3 | 134 | 73.3 | 72.0% |
| Finland | 5.3 | 5.4 | 0.6 | 0.4 | -57.7% |
| Others | 7.2 | 9.5 | 3.8 | 5.7 | -7.5% |
| Total | 27.1 | 29.3 | 245 | 155 | 78.8% |
Top Export Markets for Wool, Not Carded or Combed from Sweden in 2022:
- United Kingdom (62.9 tons)
- Norway (8.1 tons)
- Finland (0.3 tons)
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