Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (FOB) - 2022
  2. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary
  4. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $965 per ton, with an increase of 13% against the previous year. In general, the export price, however, recorded a pronounced descent. The growth pace was the most rapid in 2018 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $2,059 per ton. From 2019 to 2022, the average 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 ($2,135 per ton), while the average price for exports to the Netherlands ($327 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 Slovakia (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (CIF) - 2022

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $3,946 per ton in 2022, jumping by 92% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +188.3% per year.

Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary

In 2022, after two years of decline, there was significant growth in shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, when their volume increased by 25% to 1.2K tons. In general, exports, however, saw a abrupt setback.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $1.2M in 2022. Overall, exports, however, recorded a precipitous descent.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy42898.716.159211.4%
China753317410234-32.3%
Bulgaria540N/A19.4173-31.6%
Belgium46533622857.6-50.2%
Netherlands22869.960.754.2-38.1%
India39.821.7N/A43.12.7%
Poland21.964.131.024.53.8%
Serbia2530.20.3N/A-96.6%
Turkey99.523669.7N/A-16.3%
Others406198N/AN/A-51.2%
Total3,2341,3418361,178-28.6%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Hungary in 2022:

  1. China (361.8 tons)
  2. Italy (277.2 tons)
  3. Bulgaria (238.3 tons)
  4. Netherlands (165.9 tons)
  5. Belgium (73.8 tons)
  6. India (60.3 tons)
  7. Poland (42.7 tons)

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary

In 2022, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Hungary contracted rapidly to 11 tons, waning by -39% on the previous year. In general, imports recorded a dramatic setback.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $44K in 2022. Over the period under review, imports saw a precipitous contraction.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy48.824.133.444.2-3.2%
GermanyN/A131N/AN/A0%
United Kingdom52.1N/AN/AN/A0%
North MacedoniaN/AN/A4.4N/A0%
Netherlands1480.20.3N/A-95.5%
Romania11675.5N/AN/A-34.9%
OthersN/AN/AN/A0.30%
Total36523138.044.5-50.4%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Hungary in 2022:

  1. Italy (11.3 tons)

Source: IndexBox Market Intelligence Platform

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