Price for Wool, Not Carded or Combed in Bulgaria - 2023
Contents:
- Price for Wool, Not Carded or Combed in Bulgaria (CIF) - 2022
- Price for Wool, Not Carded or Combed in Bulgaria (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Bulgaria
- Exports of Wool, Not Carded or Combed in Bulgaria
Price for Wool, Not Carded or Combed in Bulgaria (CIF) - 2022
The average import price for wool, not carded or combed stood at $5,337 per ton in 2022, with an increase of 19% against the previous year. Overall, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2016 an increase of 209%. The import price peaked at $6,073 per ton in 2018; however, from 2019 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 New Zealand ($7,231 per ton), while the price for North Macedonia ($422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Bulgaria (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $1,354 per ton, shrinking by -10.7% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 297% against the previous year. As a result, the export price attained the peak level of $5,753 per ton. From 2017 to 2022, the average export prices remained at a somewhat 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 Italy ($6,762 per ton), while the average price for exports to India ($345 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 Italy (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wool, Not Carded or Combed in Bulgaria
In 2022, approx. 8.1K tons of wool, not carded or combed were imported into Bulgaria; growing by 14% compared with the year before. Overall, imports, however, recorded a pronounced shrinkage.
In value terms, wool, not carded or combed imports skyrocketed to $43M in 2022. Over the period under review, imports, however, saw a deep reduction.
| Import of Wool, Not Carded or Combed in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 13.4 | 11.3 | 3.9 | 14.4 | 2.4% |
| Uruguay | 6.2 | 3.7 | 10.0 | 7.9 | 8.4% |
| New Zealand | 3.2 | 5.0 | 5.4 | 7.5 | 32.8% |
| Australia | 8.6 | 5.5 | 1.6 | 5.8 | -12.3% |
| United States | 1.1 | 1.4 | 1.6 | 2.7 | 34.9% |
| Argentina | 6.8 | 5.1 | 4.2 | 2.0 | -33.5% |
| Falkland Islands (Malvinas) | 6.2 | 2.3 | 2.3 | 0.6 | -54.1% |
| Serbia | 1.6 | N/A | 0.1 | 0.2 | -50.0% |
| Others | 3.9 | 1.8 | 2.8 | 2.0 | -20.0% |
| Total | 50.9 | 36.0 | 31.8 | 43.2 | -5.3% |
Top Suppliers of Wool, Not Carded or Combed to Bulgaria in 2022:
- South Africa (2185.6 tons)
- Uruguay (1362.1 tons)
- New Zealand (1036.6 tons)
- Australia (905.5 tons)
- United States (694.2 tons)
- Serbia (470.1 tons)
- Argentina (304.8 tons)
- Falkland Islands (Malvinas) (97.3 tons)
Exports of Wool, Not Carded or Combed in Bulgaria
In 2022, the amount of wool, not carded or combed exported from Bulgaria shrank significantly to 329 tons, dropping by -19% compared with the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 131% against the previous year. As a result, the exports attained the peak of 406 tons, and then fell sharply in the following year.
In value terms, wool, not carded or combed exports fell notably to $446K in 2022. In general, exports faced a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year.
| Export of Wool, Not Carded or Combed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 176 | 140 | 397 | 310 | 20.8% |
| Italy | 336 | N/A | N/A | 41.0 | -50.4% |
| France | N/A | N/A | 20.9 | 39.9 | 90.9% |
| Switzerland | N/A | N/A | N/A | 17.3 | 0% |
| Turkey | N/A | N/A | N/A | 15.0 | 0% |
| Romania | N/A | N/A | N/A | 10.4 | 0% |
| Belgium | 264 | 292 | 185 | 10.2 | -66.2% |
| Greece | 38.5 | N/A | 13.8 | N/A | -40.1% |
| Uruguay | 109 | N/A | N/A | N/A | 0% |
| Others | 141 | 9.2 | N/A | 1.7 | -77.1% |
| Total | 1,065 | 441 | 617 | 446 | -25.2% |
Top Export Markets for Wool, Not Carded or Combed from Bulgaria in 2022:
- Germany (201.0 tons)
- France (60.4 tons)
- Turkey (19.0 tons)
- Switzerland (14.7 tons)
- Romania (11.6 tons)
- Belgium (11.4 tons)
- Italy (6.1 tons)
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