Czech Republic: Greasy Wool Market 2024

Greasy Wool Market Size in the Czech Republic

The Czech greasy wool market contracted modestly to $X in 2022, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a slight setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Greasy Wool Exports

Exports from the Czech Republic

In 2022, greasy wool exports from the Czech Republic declined rapidly to X tons, reducing by X% on the year before. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, greasy wool exports dropped rapidly to $X in 2022. Overall, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for greasy wool exports from the Czech Republic, with a X% share of total exports. Moreover, greasy wool exports to Poland exceeded the volume sent to the second major destination, Ghana (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Germany (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for greasy wool exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Germany (X% per year).

Export Prices by Country

The average greasy wool export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($X 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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Greasy Wool Imports

Imports into the Czech Republic

In 2022, approx. X tons of greasy wool were imported into the Czech Republic; declining by X% against 2021 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, greasy wool imports totaled $X in 2022. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia (X tons), South Africa (X tons) and the UK (X tons) were the main suppliers of greasy wool imports to the Czech Republic, together accounting for X% of total imports. New Zealand, Chile, France and Argentina lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest greasy wool suppliers to the Czech Republic were Australia ($X), South Africa ($X) and New Zealand ($X), with a combined X% share of total imports. The UK, Chile, Argentina and France lagged somewhat behind, together accounting for a further X%.

Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average greasy wool import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained 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 South Africa ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Falkland Islands (Malvinas) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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