Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium - 2023

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (CIF) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (CIF) - 2022

The average import price for yarn of carded wool, not put up for retail sale stood at $6,101 per ton in 2022, increasing by 18% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn of carded wool, not put up for retail sale decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $6,263 per ton in 2020; however, from 2021 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 Poland ($19,000 per ton), while the price for Denmark ($3,903 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+83.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $5,490 per ton, waning by -7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 when the average export price increased by 35% against the previous year. The export price peaked at $5,937 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($10,856 per ton), while the average price for exports to Italy ($1,567 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 Poland (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium

Imports of yarn of carded wool, not put up for retail sale into Belgium soared to 1.8K tons in 2022, jumping by 24% compared with 2021 figures. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 322%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of yarn of carded wool, not put up for retail sale soared to $11M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 249%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.60.93.65.4108.0%
Portugal0.90.52.02.540.6%
Denmark1.10.21.21.613.3%
EstoniaN/AN/AN/A0.70%
Italy0.50.30.20.4-7.2%
NetherlandsN/AN/A0.1N/A0%
Others0.40.40.70.614.5%
Total3.52.27.711.247.4%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Belgium in 2022:

  1. United Kingdom (686.9 tons)
  2. Portugal (557.8 tons)
  3. Denmark (421.5 tons)
  4. Estonia (86.5 tons)
  5. Italy (39.1 tons)
  6. Netherlands (0.6 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium

For the third consecutive year, Belgium recorded decline in overseas shipments of yarn of carded wool, not put up for retail sale, which decreased by -22% to 197 tons in 2022. Overall, exports continue to indicate a precipitous shrinkage.

In value terms, exports of yarn of carded wool, not put up for retail sale reduced dramatically to $1.1M in 2022. Over the period under review, exports saw a significant curtailment.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,190957596269-50.3%
United States13.717.319.1175133.8%
France38710711.4165-24.7%
Switzerland68.6N/A23014628.6%
United Kingdom43.165178.911639.1%
Portugal23.30.123.036.215.8%
Guatemala5.912011820.852.2%
Italy34620.316210.2-69.1%
Ukraine6.629.46.60.5-57.7%
Others176218251141-7.1%
Total3,2602,1201,4971,080-30.8%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Belgium in 2022:

  1. Germany (51.0 tons)
  2. United Kingdom (36.5 tons)
  3. France (27.8 tons)
  4. United States (24.1 tons)
  5. Switzerland (21.3 tons)
  6. Portugal (9.6 tons)
  7. Italy (6.5 tons)
  8. Guatemala (4.1 tons)
  9. Ukraine (1.0 tons)

Source: IndexBox Market Intelligence Platform

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