Price for Wool, Not Carded or Combed in Belgium - 2023
Contents:
- Price for Wool, Not Carded or Combed in Belgium (FOB) - 2023
- Price for Wool, Not Carded or Combed in Belgium (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Belgium
- Imports of Wool, Not Carded or Combed in Belgium
Price for Wool, Not Carded or Combed in Belgium (FOB) - 2023
In July 2023, the average export price for wool, not carded or combed amounted to $2,678 per ton, rising by 17% against the previous month. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in October 2022 when the average export price increased by 30% against the previous month. The export price peaked at $3,114 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($8,137 per ton), while the average price for exports to Portugal ($987 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Belgium (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $1,090 per ton, approximately equating the previous year. In general, the import price, however, saw a abrupt decline. The growth pace was the most rapid in 2014 when the average import price increased by 5.3%. The import price peaked at $2,574 per ton in 2012; however, from 2013 to 2022, 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 New Zealand ($2,434 per ton), while the price for Austria ($486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Wool, Not Carded or Combed in Belgium
Wool, not carded or combed exports from Belgium shrank to 6.1K tons in 2022, reducing by -7.8% on the previous year's figure. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, wool, not carded or combed exports reduced to $14M in 2022. In general, exports saw a abrupt slump. The smallest decline of -7.4% was in 2021.
| Export of Wool, Not Carded or Combed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.8 | 5.7 | 5.7 | 4.8 | -6.1% |
| China | 4.7 | 2.5 | 1.7 | 2.8 | -15.9% |
| Austria | 1.5 | 2.1 | 2.5 | 2.0 | 10.1% |
| France | 0.9 | 1.8 | 1.4 | 0.9 | 0.0% |
| Netherlands | 0.5 | 0.4 | 0.9 | 0.7 | 11.9% |
| Switzerland | 0.5 | 0.8 | 0.7 | 0.7 | 11.9% |
| United Kingdom | 1.2 | 1.4 | 0.5 | 0.4 | -30.7% |
| Portugal | 0.1 | 0.1 | 0.6 | 0.1 | 0.0% |
| Japan | 0.8 | 0.8 | 0.4 | 0.1 | -50.0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Uruguay | 2.3 | 0.1 | 0.1 | N/A | -79.1% |
| Others | 0.8 | 1.8 | 1.7 | 1.4 | 20.5% |
| Total | 19.1 | 17.6 | 16.3 | 14.0 | -9.8% |
Top Export Markets for Wool, Not Carded or Combed from Belgium in 2022:
- China (2566.9 tons)
- Germany (1293.9 tons)
- Austria (766.7 tons)
- France (274.8 tons)
- Netherlands (189.4 tons)
- Switzerland (182.5 tons)
- United Kingdom (173.9 tons)
- India (170.5 tons)
- Portugal (138.0 tons)
- Japan (35.8 tons)
Imports of Wool, Not Carded or Combed in Belgium
In 2022, the amount of wool, not carded or combed imported into Belgium contracted to 8.2K tons, reducing by -13% against 2021 figures. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 35%.
In value terms, wool, not carded or combed imports shrank to $9M in 2022. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Import of Wool, Not Carded or Combed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,554 | 2,046 | 1,982 | 2,516 | -0.5% |
| France | 2,744 | 1,964 | 2,037 | 1,736 | -14.2% |
| Germany | 2,286 | 667 | 1,380 | 902 | -26.7% |
| United Kingdom | 1,859 | 1,126 | 1,106 | 879 | -22.1% |
| Spain | 1,526 | 436 | 308 | 643 | -25.0% |
| Portugal | 767 | 541 | 311 | 529 | -11.6% |
| Netherlands | 384 | 415 | 440 | 337 | -4.3% |
| Switzerland | 204 | 303 | 337 | 309 | 14.8% |
| Turkey | 23.1 | N/A | 495 | 274 | 128.1% |
| Austria | 294 | 267 | 380 | 157 | -18.9% |
| Hungary | 949 | 479 | 450 | 144 | -46.7% |
| Turkmenistan | 81.1 | 20.4 | 65.9 | 84.0 | 1.2% |
| Others | 2,091 | 492 | 957 | 458 | -39.7% |
| Total | 15,763 | 8,758 | 10,249 | 8,969 | -17.1% |
Top Suppliers of Wool, Not Carded or Combed to Belgium in 2022:
- France (1934.4 tons)
- Germany (1378.4 tons)
- New Zealand (1033.4 tons)
- Portugal (704.0 tons)
- Netherlands (644.3 tons)
- United Kingdom (453.6 tons)
- Spain (395.3 tons)
- Austria (323.4 tons)
- Switzerland (318.3 tons)
- Hungary (275.8 tons)
- Turkey (218.0 tons)
- Turkmenistan (147.0 tons)
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