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

Contents:

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

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

In 2022, the average import price for wool, not carded or combed amounted to $3,092 per ton, falling by -13.6% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 17% against the previous year. The import price peaked at $5,459 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Belgium ($3,798 per ton), while the price for Bulgaria ($1,277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wool, not carded or combed amounted to $1,490 per ton, waning by -9.6% against the previous year. In general, the export price saw a mild contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs at $2,062 per ton in 2014; however, from 2015 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 Germany ($2,141 per ton), while the average price for exports to Bulgaria ($621 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 (+0.0%), while the prices for the other major destinations experienced a decline.

Imports of Wool, Not Carded or Combed in Switzerland

Wool, not carded or combed imports into Switzerland skyrocketed to 531 tons in 2022, increasing by 76% compared with 2021. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, wool, not carded or combed imports skyrocketed to $1.6M in 2022. In general, imports, however, continue to indicate a pronounced reduction.

Import of Wool, Not Carded or Combed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6417546668138.2%
New Zealand78870248.1237-33.0%
Spain11083.117.715512.1%
Germany72.430813315127.8%
United Kingdom1551375.5132-5.2%
BulgariaN/A0.10.118.91274.8%
Others92.216921113513.6%
Total1,8592,1531,0821,642-4.1%

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

  1. Belgium (214.1 tons)
  2. Germany (86.1 tons)
  3. New Zealand (79.1 tons)
  4. Spain (78.1 tons)
  5. United Kingdom (47.3 tons)
  6. Bulgaria (14.8 tons)

Exports of Wool, Not Carded or Combed in Switzerland

In 2022, exports of wool, not carded or combed from Switzerland shrank slightly to 645 tons, remaining constant against the previous year's figure. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of 647 tons, leveling off in the following year.

In value terms, wool, not carded or combed exports reduced to $961K in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $1.1M, and then shrank in the following year.

Export of Wool, Not Carded or Combed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany670476695609-3.1%
Belgium20830432232115.6%
BulgariaN/AN/A10.923.7117.4%
Others44.18.238.48.2-42.9%
Total9237881,0669611.4%

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

  1. Belgium (318.3 tons)
  2. Germany (284.3 tons)
  3. Bulgaria (38.2 tons)

Source: IndexBox Market Intelligence Platform

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