Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK - 2024

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (FOB) - 2024
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (CIF) - 2024
  3. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK
  4. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (FOB) - 2024

In December 2023, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $14.8 per square meter, growing by 3.9% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in November 2023 an increase of 41% against the previous month. Over the period under review, the average export prices hit record highs in December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($25.2 per square meter), while the average price for exports to Ireland ($1.1 per square meter) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (CIF) - 2024

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $16.0 per square meter in December 2023, growing by 14% against the previous month. In general, import price indicated mild growth from January 2023 to December 2023: its price increased at an average monthly rate of +1.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for woven fabrics of combed wool or of combed fine animal hair increased by +24.7% against October 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 57% month-to-month. Over the period under review, average import prices hit record highs at $22.3 per square meter in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($22.4 per square meter), while the price for Ireland ($8.1 per square meter) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK

In 2022, overseas shipments of woven fabrics of combed wool or of combed fine animal hair were finally on the rise to reach 9.6M square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt slump. Over the period under review, the exports of hit record highs at 15M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $117M in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The exports peaked at $148M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark25.419.818.728.94.4%
Italy21.012.010.311.9-17.2%
Germany4.65.110.39.025.1%
France8.24.95.79.03.2%
Japan20.110.97.07.3-28.7%
South Korea3.63.64.76.723.0%
United States8.84.15.06.3-10.5%
China7.05.47.26.3-3.5%
Belgium3.61.92.84.25.3%
Kuwait3.93.65.03.7-1.7%
Sweden2.61.70.72.0-8.4%
Romania2.40.90.40.6-37.0%
Poland3.62.10.50.6-45.0%
Others32.818.215.120.3-14.8%
Total14894.293.5117-7.5%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from the UK in 2022:

  1. Denmark (3519.1K square meters)
  2. Germany (1353.3K square meters)
  3. Italy (547.0K square meters)
  4. France (451.3K square meters)
  5. China (395.2K square meters)
  6. South Korea (368.8K square meters)
  7. Japan (351.0K square meters)
  8. Belgium (346.7K square meters)
  9. United States (338.9K square meters)
  10. Kuwait (181.5K square meters)
  11. Sweden (179.3K square meters)
  12. Poland (72.1K square meters)
  13. Romania (40.9K square meters)

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK

For the third consecutive year, the UK recorded decline in overseas purchases of woven fabrics of combed wool or of combed fine animal hair, which decreased by -3.2% to 1.8M square meters in 2022. In general, imports saw a precipitous slump. Over the period under review, imports of attained the peak figure at 6.4M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair surged to $24M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. Over the period under review, imports of hit record highs at $36M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.76.83.78.7-9.4%
China4.81.93.96.18.3%
Chile4.83.12.44.2-4.4%
Ireland0.3N/AN/A1.049.4%
United States0.20.10.10.751.8%
Belgium0.30.10.30.518.6%
India0.71.00.30.3-24.6%
Turkey0.20.10.30.20.0%
Germany4.10.10.10.2-63.5%
Denmark3.32.56.70.1-68.8%
Lithuania4.01.4N/AN/A-65.0%
Others2.11.31.31.7-6.8%
Total36.318.519.123.7-13.2%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to the UK in 2022:

  1. China (604.6K square meters)
  2. Italy (506.6K square meters)
  3. Chile (234.9K square meters)
  4. Ireland (125.9K square meters)
  5. United States (42.9K square meters)
  6. Belgium (40.4K square meters)
  7. Turkey (36.6K square meters)
  8. India (29.0K square meters)
  9. Denmark (15.6K square meters)
  10. Germany (9.0K square meters)
  11. Lithuania (4.7K square meters)

Source: IndexBox Market Intelligence Platform

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