Germany - Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWool Price in Germany - 2023
Contents:
- Wool Price in Germany (CIF) - 2023
- Wool Price in Germany (FOB) - 2023
- Wool Imports in Germany
- Wool Exports in Germany
Wool Price in Germany (CIF) - 2023
The average wool import price stood at $2,713 per ton in August 2023, shrinking by -26.6% against the previous month. Over the period under review, the import price showed a pronounced downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 26% against the previous month. As a result, import price attained the peak level of $4,720 per ton. From March 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Australia ($4,255 per ton), while the price for Greece ($1,054 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Wool Price in Germany (FOB) - 2023
In August 2023, the average wool export price amounted to $4,787 per ton, with an increase of 62% against the previous month. Overall, export price indicated modest growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, wool export price increased by +61.8% against July 2023 indices. Over the period under review, the average export prices attained the maximum at $5,427 per ton in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was France ($8,282 per ton), while the average price for exports to Romania ($3,212 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wool Imports in Germany
Wool imports into Germany rose significantly to 7.6K tons in 2022, surging by 7.6% on the year before. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, wool imports skyrocketed to $26M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wool in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.4 | 5.1 | 7.0 | 9.3 | 13.3% |
| New Zealand | 5.3 | 4.5 | 7.0 | 6.7 | 8.1% |
| France | 1.5 | 1.3 | 2.2 | 1.7 | 4.3% |
| Belgium | 1.2 | 1.4 | 1.2 | 1.5 | 7.7% |
| United Kingdom | 1.8 | 1.5 | 0.7 | 1.3 | -10.3% |
| Uruguay | 0.1 | 0.1 | 0.5 | 0.9 | 108.0% |
| Turkey | 0.3 | 0.3 | 0.2 | 0.8 | 38.7% |
| Bulgaria | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Argentina | 0.9 | 0.3 | 0.7 | 0.5 | -17.8% |
| Spain | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Greece | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Switzerland | 0.7 | 0.4 | N/A | N/A | -42.9% |
| South Africa | 3.1 | 2.0 | 0.1 | N/A | -82.0% |
| Others | 2.8 | 2.3 | 2.2 | 2.5 | -3.7% |
| Total | 24.9 | 20.1 | 22.8 | 26.4 | 2.0% |
Top Suppliers of Wool to Germany in 2022:
- New Zealand (2640.3 tons)
- Australia (1952.0 tons)
- France (594.8 tons)
- Belgium (457.1 tons)
- United Kingdom (337.4 tons)
- Turkey (265.2 tons)
- Greece (252.6 tons)
- Bulgaria (192.6 tons)
- Uruguay (167.7 tons)
- Spain (134.4 tons)
- Argentina (121.7 tons)
- South Africa (13.1 tons)
- Switzerland (0.3 tons)
Wool Exports in Germany
Wool exports from Germany expanded rapidly to 3.4K tons in 2022, surging by 14% compared with 2021 figures. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, wool exports rose remarkably to $14M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Wool in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,350 | 1,640 | 3,380 | 4,286 | 22.2% |
| Austria | 2,252 | 1,883 | 2,310 | 1,788 | -7.4% |
| Poland | 477 | 643 | 1,191 | 1,105 | 32.3% |
| Hungary | 652 | 525 | 848 | 959 | 13.7% |
| France | 568 | 634 | 566 | 820 | 13.0% |
| Czech Republic | 1,025 | 752 | 833 | 732 | -10.6% |
| Portugal | 405 | 319 | 590 | 645 | 16.8% |
| Belgium | 217 | 304 | 475 | 377 | 20.2% |
| Spain | 161 | 118 | 319 | 355 | 30.2% |
| Lithuania | 152 | 248 | 382 | 312 | 27.1% |
| India | 22.4 | N/A | 74.9 | 288 | 134.3% |
| Canada | 261 | 218 | 97.9 | 248 | -1.7% |
| Romania | 279 | 118 | 108 | 240 | -4.9% |
| Others | 1,652 | 1,601 | 1,972 | 1,943 | 5.6% |
| Total | 10,475 | 9,002 | 13,146 | 14,098 | 10.4% |
Top Export Markets for Wool from Germany in 2022:
- Italy (955.9 tons)
- Hungary (396.3 tons)
- Austria (389.4 tons)
- Belgium (263.1 tons)
- Poland (256.3 tons)
- Portugal (149.0 tons)
- Canada (109.7 tons)
- Czech Republic (88.6 tons)
- Lithuania (86.7 tons)
- Spain (83.7 tons)
- Romania (80.1 tons)
- France (64.6 tons)
- India (63.2 tons)
This report provides an in-depth analysis of the wool market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13102200 - Wool, degreased or carbonised, not carded or combed
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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