Wool; Carded Price in Finland - 2023
Contents:
- Wool; Carded Price in Finland (CIF) - 2022
- Wool; Carded Price in Finland (FOB) - 2022
- Wool; Carded Imports in Finland
- Wool; Carded Exports in Finland
Wool; Carded Price in Finland (CIF) - 2022
The average wool; carded import price stood at $26,399 per ton in 2022, picking up by 34% against the previous year. Over the period under review, import price indicated a notable expansion 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. The pace of growth appeared the most rapid in 2017 an increase of 34%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($104,929 per ton), while the price for the UK ($15,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool; Carded Price in Finland (FOB) - 2022
The average wool; carded export price stood at $124,082 per ton in 2022, declining by -33.2% against the previous year. Over the period under review, the export price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2021 an increase of 309%. As a result, the export price attained the peak level of $185,843 per ton, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($478,500 per ton), while the average price for exports to Norway ($29,480 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 Canada (+267.1%), while the prices for the other major destinations experienced more modest paces of growth.
Wool; Carded Imports in Finland
In 2022, purchases abroad of wool; carded decreased by -3.2% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of 2 tons, and then fell modestly in the following year.
In value terms, wool; carded imports surged to $50K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wool; Carded in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 12.3 | 9.5 | 9.2 | 25.1 | 26.8% |
| France | 4.4 | 4.0 | 4.0 | 11.9 | 39.3% |
| Nepal | 7.7 | 4.7 | 5.1 | 6.0 | -8.0% |
| United Kingdom | 0.5 | 0.3 | 4.1 | 3.6 | 93.1% |
| Sweden | 0.9 | 5.0 | 10.2 | 0.7 | -8.0% |
| Denmark | 1.1 | N/A | N/A | N/A | 0% |
| Iceland | 2.4 | 6.9 | 5.5 | N/A | 51.4% |
| Others | 3.0 | 0.6 | 0.5 | 2.9 | -1.1% |
| Total | 32.2 | 31.1 | 38.7 | 50.1 | 15.9% |
Top Suppliers of Wool; Carded to Finland in 2022:
- Norway (1133.0 kg)
- Nepal (358.0 kg)
- United Kingdom (236.0 kg)
- France (113.0 kg)
- Sweden (23.0 kg)
Wool; Carded Exports in Finland
Wool; carded exports from Finland skyrocketed to 487 kg in 2022, picking up by 193% against the year before. In general, exports recorded a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wool; carded exports soared to $60K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 758%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Wool; Carded in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.4 | 19.1 | 37.1 | 863.1% |
| Norway | N/A | N/A | 1.4 | 8.7 | 521.4% |
| United Kingdom | N/A | N/A | 6.4 | 5.2 | -18.8% |
| Canada | N/A | 0.1 | 2.3 | 4.8 | 592.8% |
| Switzerland | N/A | 2.1 | 1.1 | 3.4 | 27.2% |
| Russia | 6.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.0 | 0.6 | 1.1 | 4.9% |
| Total | 6.7 | 3.6 | 30.9 | 60.4 | 108.1% |
Top Export Markets for Wool; Carded from Finland in 2022:
- Norway (296.0 kg)
- United States (93.0 kg)
- Switzerland (51.0 kg)
- United Kingdom (30.0 kg)
- Canada (10.0 kg)
253
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This report provides an in-depth analysis of the combed wool market in Finland.
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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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