Wool; Carded Price in Belgium - 2023

Contents:

1. Wool; Carded Price in Belgium (FOB) - 2022
2. Wool; Carded Price in Belgium (CIF) - 2022
3. Wool; Carded Exports in Belgium
4. Wool; Carded Imports in Belgium

Wool; Carded Price in Belgium (FOB) - 2022

The average wool; carded export price stood at $6,174 per ton in 2022, reducing by -13% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 32%. Over the period under review, the average export prices reached the maximum at $34,535 per ton in 2013; however, from 2014 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 South Korea ($6,469 per ton), while the average price for exports to the Czech Republic ($4,294 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 South Korea (-2.4%), while the prices for the other major destinations experienced a decline.

Wool; Carded Price in Belgium (CIF) - 2022

The average wool; carded import price stood at $7,240 per ton in 2022, increasing by 338% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $10,632 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 Cyprus ($10,968 per ton), while the price for the United States ($4,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+1,862.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Wool; Carded Exports in Belgium

Wool; carded exports from Belgium dropped modestly to 201 tons in 2022, reducing by -4.5% on 2021 figures. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports attained the peak of 211 tons, and then fell slightly in the following year.

In value terms, wool; carded exports fell remarkably to $1.2M in 2022. Overall, exports showed a slight setback. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports attained the peak of $1.5M, and then contracted significantly in the following year.

Top Export Markets for Wool; Carded from Belgium in 2022:

1. South Korea (168.2 tons)
2. Germany (21.3 tons)
3. Czech Republic (10.2 tons)

Wool; Carded Imports in Belgium

In 2022, after three years of growth, there was significant decline in supplies from abroad of wool; carded, when their volume decreased by -69.1% to 18 tons. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,908% against the previous year. As a result, imports attained the peak of 58 tons, and then dropped remarkably in the following year.

In value terms, wool; carded imports skyrocketed to $129K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 368% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Wool; Carded to Belgium in 2022:

1. Italy (13.8 tons)
2. Cyprus (2.8 tons)
3. France (0.6 tons)
4. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform