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Germany - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGermany's Woolen Yarn Imports Fall to $199 Million in 2023
Germany Woolen Yarn Imports
In 2023, purchases abroad of yarn of wool decreased by -19.6% to 7.8K tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, imports attained the maximum at 14K tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.
In value terms, woolen yarn imports dropped modestly to $199M (IndexBox estimates) in 2023. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure at $284M in 2014; however, from 2015 to 2023, imports failed to regain momentum.
COUNTRY | Import Value of Woolen Yarn in Germany (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Italy | 77.6 | 74.3 | 49.5 | 48.4 | 43.4 | 49.1 | 49.9 | 44.9 | 56.1 | 52.1 | 51.6 |
Romania | 46.8 | 54.5 | 42.1 | 36.8 | 51.1 | 72.7 | 58.8 | 44.3 | 46.6 | 45.8 | 42.9 |
Bulgaria | 1.8 | 2.3 | 1.9 | 1.0 | 1.5 | 3.0 | 6.9 | 11.0 | 17.7 | 23.4 | 19.7 |
Poland | 67.7 | 78.2 | 71.6 | 78.3 | 48.8 | 60.3 | 55.6 | 22.6 | 26.7 | 17.4 | 17.9 |
Czech Republic | 4.5 | 7.0 | 15.0 | 14.9 | 13.0 | 17.1 | 20.4 | 14.9 | 15.2 | 16.2 | 17.8 |
Turkey | 7.8 | 8.3 | 7.5 | 6.7 | 6.5 | 4.7 | 3.0 | 1.8 | 1.4 | 7.7 | 9.0 |
Switzerland | 9.8 | 10.2 | 9.5 | 8.0 | 8.0 | 7.3 | 7.6 | 9.4 | 8.9 | 7.6 | 8.3 |
China | 27.8 | 19.8 | 24.3 | 26.3 | 10.6 | 13.7 | 10.1 | 3.7 | 3.9 | 10.7 | 5.2 |
Others | 29.7 | 29.0 | 23.0 | 24.4 | 25.5 | 27.6 | 27.6 | 20.5 | 29.1 | 25.6 | 26.7 |
Total | 273 | 284 | 244 | 245 | 208 | 255 | 240 | 173 | 206 | 207 | 199 |
Imports by Country
Romania (1.7K tons), Italy (1.6K tons) and Bulgaria (993 tons) were the main suppliers of woolen yarn imports to Germany, with a combined 55% share of total imports.
From 2013 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of +24.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest woolen yarn suppliers to Germany were Italy ($52M), Romania ($43M) and Bulgaria ($20M), with a combined 57% share of total imports.
Among the main suppliers, Bulgaria, with a CAGR of +27.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, yarn of combed wool, not put up for retail sale (5.3K tons) constituted the largest type of yarn of wool supplied to Germany, with a 68% share of total imports. Moreover, yarn of combed wool, not put up for retail sale exceeded the figures recorded for the second-largest type, yarn of wool or of fine animal hair, put up for retail sale (2.1K tons), twofold. The third position in this ranking was taken by yarn of carded wool, not put up for retail sale (192 tons), with a 2.5% share.
From 2013 to 2023, the average annual growth rate of the volume of yarn of combed wool, not put up for retail sale imports amounted to -4.2%. With regard to the other supplied products, the following average annual rates of growth were recorded: yarn of wool or of fine animal hair, put up for retail sale (-6.7% per year) and yarn of carded wool, not put up for retail sale (-11.5% per year).
In value terms, yarn of combed wool, not put up for retail sale ($121M), yarn of wool or of fine animal hair, put up for retail sale ($65M) and yarn of fine animal hair (carded or combed), not put up for retail sale ($9.5M) constituted the most imported types of yarn of wool in Germany, together comprising 98% of total imports.
Import Prices by Country
In 2023, the woolen yarn price stood at $25,513 per ton (CIF, Germany), increasing by 20% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($47,527 per ton), while the price for Belgium ($12,349 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the woolen yarn market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023