Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden - 2023

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden (CIF) - 2023
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden (CIF) - 2023

The average import price for yarn of combed wool, not put up for retail sale stood at $24,450 per ton in December 2023, shrinking by -4.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2023 an increase of 17% against the previous month. The import price peaked at $25,629 per ton in November 2023, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($23,985 per ton), while the price for Italy ($21,725 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $28,005 per ton, growing by 2.2% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of combed wool, not put up for retail sale increased by +165.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 160%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($51,494 per ton), while the average price for exports to China ($6,500 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 Latvia (+48.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden

In 2022, approx. 977 tons of yarn of combed wool, not put up for retail sale were imported into Sweden; growing by 138% compared with 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of combed wool, not put up for retail sale skyrocketed to $18M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.14.56.09.733.2%
Austria0.50.40.86.3132.7%
Czech Republic1.11.01.10.9-6.5%
ItalyN/AN/A0.20.8300.0%
PortugalN/AN/AN/A0.30%
Others0.50.50.50.4-7.2%
Total6.36.48.518.442.9%

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

  1. Germany (507.6 tons)
  2. Austria (332.0 tons)
  3. Czech Republic (64.2 tons)
  4. Italy (41.4 tons)
  5. Portugal (16.6 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden

In 2022, exports of yarn of combed wool, not put up for retail sale from Sweden soared to 1.2 tons, jumping by 34% against the year before. In general, exports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 2,090% against the previous year. As a result, the exports reached the peak of 38 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn of combed wool, not put up for retail sale soared to $33K in 2022. Over the period under review, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 778% against the previous year. As a result, the exports attained the peak of $397K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.30.90.816.130.2%
Norway8.415.610.811.711.7%
Poland1.20.60.72.120.5%
Lithuania0.1N/A3.30.8100.0%
ChinaN/A3790.1N/A-100.0%
Serbia16.5N/AN/AN/A0%
Others11.81.78.01.9-45.6%
Total45.239723.832.5-10.4%

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

  1. Norway (584.0 kg)
  2. United States (312.0 kg)
  3. Poland (172.0 kg)
  4. Lithuania (21.0 kg)
  5. China (6.0 kg)

Source: IndexBox Market Intelligence Platform

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