Wool; Carded Price in Denmark - 2023
Contents:
- Wool; Carded Price in Denmark (CIF) - 2022
- Wool; Carded Price in Denmark (FOB) - 2022
- Wool; Carded Imports in Denmark
- Wool; Carded Exports in Denmark
Wool; Carded Price in Denmark (CIF) - 2022
The average wool; carded import price stood at $20,015 per ton in 2022, increasing by 8.2% against the previous year. Overall, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $21,881 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Sweden ($23,081 per ton), while the price for Italy ($5,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool; Carded Price in Denmark (FOB) - 2022
The average wool; carded export price stood at $9,191 per ton in 2022, falling by -14% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 27% against the previous year. As a result, the export price reached the peak level of $13,388 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($18,619 per ton), while the average price for exports to Sweden ($6,092 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 the UK (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wool; Carded Imports in Denmark
In 2022, imports of wool; carded into Denmark expanded rapidly to 9.1 tons, picking up by 12% on the previous year. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 290% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wool; carded imports skyrocketed to $181K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 509% against the previous year. As a result, imports attained the peak of $290K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wool; Carded in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 37.4 | 90.1 | 142 | 168 | 65.0% |
| Sweden | 1.1 | 3.5 | 2.9 | 8.2 | 95.3% |
| United Kingdom | N/A | 2.8 | 3.7 | 3.7 | 15.0% |
| Italy | N/A | N/A | N/A | 1.0 | 0% |
| Peru | N/A | 184 | N/A | N/A | 0% |
| India | 8.8 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 9.6 | 1.9 | 1.0 | 71.0% |
| Total | 47.5 | 290 | 150 | 181 | 56.2% |
Top Suppliers of Wool; Carded to Denmark in 2022:
- Nepal (8.2 tons)
- Sweden (0.4 tons)
- United Kingdom (0.3 tons)
- Italy (0.2 tons)
Wool; Carded Exports in Denmark
In 2022, shipments abroad of wool; carded was finally on the rise to reach 9.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a noticeable downturn.
In value terms, wool; carded exports shrank to $89K in 2022. Over the period under review, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 5.3% against the previous year. As a result, the exports attained the peak of $115K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Wool; Carded in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 27.1 | 21.8 | 20.5 | 34.9 | 8.8% |
| Norway | 24.8 | 60.4 | 33.0 | 23.2 | -2.2% |
| Finland | 9.6 | 4.8 | 5.2 | 6.4 | -12.6% |
| Germany | 5.5 | 5.5 | 5.9 | 5.7 | 1.2% |
| Netherlands | 7.3 | 4.5 | 3.5 | 4.3 | -16.2% |
| Belgium | 3.5 | 3.7 | 4.8 | 3.5 | 0.0% |
| United Kingdom | 7.7 | 4.0 | 2.9 | 3.0 | -27.0% |
| Others | 24.1 | 10.8 | 13.7 | 7.8 | -31.3% |
| Total | 110 | 115 | 89.5 | 88.8 | -6.9% |
Top Export Markets for Wool; Carded from Denmark in 2022:
- Sweden (5.7 tons)
- Norway (1.2 tons)
- Finland (0.7 tons)
- Germany (0.7 tons)
- Netherlands (0.4 tons)
- United Kingdom (0.2 tons)
- Belgium (0.2 tons)
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This report provides an in-depth analysis of the combed wool market in Denmark.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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