Czech Republic: Woolen Yarn Market 2024

Woolen Yarn Market Size in the Czech Republic

In 2022, the Czech woolen yarn market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, continues to indicate a pronounced reduction. Woolen yarn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Woolen Yarn Production in the Czech Republic

In value terms, woolen yarn production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Woolen Yarn Exports

Exports from the Czech Republic

In 2022, shipments abroad of yarn of wool increased by X% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, woolen yarn exports soared to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Germany (X tons) and Austria (X tons) were the main destinations of woolen yarn exports from the Czech Republic, together comprising X% of total exports. Lithuania, Norway and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for yarn of wool exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Austria, with an X% share.

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

Export Prices by Country

The average woolen yarn export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Lithuania ($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 more modest paces of growth.

Woolen Yarn Imports

Imports into the Czech Republic

In 2022, purchases abroad of yarn of wool increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, woolen yarn imports expanded sharply to $X in 2022. Overall, imports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of woolen yarn imports to the Czech Republic, together comprising X% of total imports. India and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest woolen yarn suppliers to the Czech Republic were Italy ($X), Austria ($X) and Germany ($X), with a combined X% share of total imports. India and Romania lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 woolen yarn import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a slight decline. 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 attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a 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 Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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