Price for Wool, Not Carded or Combed in Serbia - 2023

Contents:

  1. Price for Wool, Not Carded or Combed in Serbia (FOB) - 2022
  2. Price for Wool, Not Carded or Combed in Serbia (CIF) - 2022
  3. Exports of Wool, Not Carded or Combed in Serbia
  4. Imports of Wool, Not Carded or Combed in Serbia

Price for Wool, Not Carded or Combed in Serbia (FOB) - 2022

The average export price for wool, not carded or combed stood at $508 per ton in 2022, which is down by -20.3% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 17%. Over the period under review, the average export prices reached the maximum at $1,378 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($1,898 per ton), while the average price for exports to Moldova ($271 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 (+43.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Wool, Not Carded or Combed in Serbia (CIF) - 2022

In 2022, the average import price for wool, not carded or combed amounted to $1,573 per ton, waning by -2.5% against the previous year. Overall, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 51% against the previous year. The import price peaked at $2,138 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($13,433 per ton), while the price for North Macedonia ($498 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wool, Not Carded or Combed in Serbia

In 2022, approx. 860 tons of wool, not carded or combed were exported from Serbia; rising by 34% compared with the year before. Over the period under review, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 61%.

In value terms, wool, not carded or combed exports rose remarkably to $437K in 2022. In general, exports, however, saw a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 13%.

Export of Wool, Not Carded or Combed in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria38019.6116224-16.2%
Turkey24.912.827.912671.7%
Slovenia0.3N/A55.144.8430.5%
Ukraine74.7N/AN/A10.1-48.7%
MoldovaN/AN/AN/A6.50%
Belgium337N/AN/AN/A0%
India55.888.5124N/A49.1%
Poland17910938.6N/A-53.6%
Uruguay84913014.1N/A-87.1%
Others1600.331.625.1-46.1%
Total2,062360408437-40.4%

Top Export Markets for Wool, Not Carded or Combed from Serbia in 2022:

  1. Bulgaria (470.1 tons)
  2. Turkey (305.0 tons)
  3. Moldova (24.0 tons)
  4. Slovenia (23.6 tons)
  5. Ukraine (22.0 tons)

Imports of Wool, Not Carded or Combed in Serbia

In 2022, the amount of wool, not carded or combed imported into Serbia reduced dramatically to 238 tons, waning by -28% compared with the previous year. In general, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 137% against the previous year.

In value terms, wool, not carded or combed imports fell sharply to $375K in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 161% against the previous year.

Import of Wool, Not Carded or Combed in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey419176498306-9.9%
South Africa79.98.812.855.8-11.3%
North Macedonia15.6N/A10.711.6-9.4%
Hungary264N/AN/AN/A0%
Croatia10.915.3N/AN/A40.4%
Greece12.8N/AN/AN/A0%
Italy68.3N/AN/AN/A0%
Romania56.3N/AN/AN/A0%
Others5.15.513.02.1-25.6%
Total933205535375-26.2%

Top Suppliers of Wool, Not Carded or Combed to Serbia in 2022:

  1. Turkey (210.9 tons)
  2. North Macedonia (23.3 tons)
  3. South Africa (4.2 tons)

Source: IndexBox Market Intelligence Platform

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