Wool; Carded Price in Sweden - 2023

Contents:

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

Wool; Carded Price in Sweden (FOB) - 2022

The average wool; carded export price stood at $22,317 per ton in 2022, picking up by 3.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 27% against the previous year. The export price peaked at $22,398 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($54,713 per ton), while the average price for exports to Poland ($9,266 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 (+62.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wool; Carded Price in Sweden (CIF) - 2022

In 2022, the average wool; carded import price amounted to $18,208 per ton, declining by -20.3% against the previous year. Overall, the import price, however, posted a measured increase. The most prominent rate of growth was recorded in 2017 an increase of 117% against the previous year. As a result, import price attained the peak level of $39,574 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Norway ($27,604 per ton), while the price for Latvia ($4,350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Wool; Carded Exports in Sweden

In 2022, the amount of wool; carded exported from Sweden surged to 22 tons, increasing by 40% on 2021 figures. Over the period under review, exports, however, continue to indicate a pronounced downturn.

In value terms, wool; carded exports soared to $489K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wool; Carded in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.5N/A17.8191625.6%
Norway68.980.088.869.70.4%
Lithuania13176.381.045.4-29.8%
Bosnia and Herzegovina43.8N/A4.339.4-3.5%
Finland21.130.934.131.914.8%
CanadaN/AN/A0.629.74850.0%
Poland68.235.971.518.6-35.2%
Denmark17.422.921.47.6-24.1%
Netherlands10.48.94.44.1-26.7%
Others2.02.311.651.9196.1%
Total36325733648910.4%

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

  1. United States (9.0 tons)
  2. Lithuania (4.0 tons)
  3. Poland (2.0 tons)
  4. Bosnia and Herzegovina (2.0 tons)
  5. Norway (1.3 tons)
  6. Finland (1.0 tons)
  7. Canada (0.8 tons)
  8. Denmark (0.2 tons)
  9. Netherlands (0.1 tons)

Wool; Carded Imports in Sweden

Wool; carded imports into Sweden amounted to 8.8 tons in 2022, picking up by 3.7% on the previous year's figure. Over the period under review, imports, however, saw a pronounced contraction.

In value terms, wool; carded imports declined dramatically to $160K in 2022. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of $194K, and then shrank dramatically in the following year.

Import of Wool; Carded in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway62.322.715.256.3-3.3%
India23.228.431.831.110.3%
Denmark36.945.456.925.5-11.6%
Nepal20.84.32.218.4-4.0%
United KingdomN/AN/A4.712.5166.0%
Germany5.514.756.25.71.2%
LatviaN/AN/AN/A4.30%
China12.532.910.80.1-80.0%
South Africa24.1N/AN/AN/A0%
TurkeyN/A18.510.0N/A-45.9%
Others5.07.56.46.59.1%
Total190175194160-5.6%

Top Suppliers of Wool; Carded to Sweden in 2022:

  1. Norway (2038.0 kg)
  2. India (2000.0 kg)
  3. Nepal (1304.0 kg)
  4. Denmark (1109.0 kg)
  5. Latvia (1000.0 kg)
  6. United Kingdom (684.0 kg)
  7. Germany (315.0 kg)
  8. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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