Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (FOB) - 2023
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (CIF) - 2023
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $3,006 per ton in September 2023, rising by 12% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in June 2023 an increase of 18% month-to-month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,925 per ton), while the price for Spain ($2,040 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (FOB) - 2023
In September 2023, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $2,655 per ton, growing by 2.5% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in May 2023 an increase of 18% against the previous month. The export price peaked in September 2023.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From November 2022 to September 2023, the rate of growth in terms of prices for the UK amounted to +209.2% per month.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania
In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -3.8% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3% against the previous year. As a result, imports attained the peak of 3.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) shrank to $4.2M in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -2.8% was in 2020.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.0 | 6.7 | 2.3 | 2.2 | -32.0% |
| Spain | 0.5 | 0.8 | 1.4 | 1.1 | 30.1% |
| Estonia | 0.5 | 0.3 | 0.2 | 0.4 | -7.2% |
| Germany | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 8.4 | 8.1 | 4.4 | 4.2 | -20.6% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Lithuania in 2022:
- United Kingdom (925.9 tons)
- Spain (630.0 tons)
- Estonia (190.4 tons)
- Germany (135.6 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania
In 2022, approx. 425 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were exported from Lithuania; increasing by 8.8% compared with the year before. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.2% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) rose notably to $898K in 2022. Overall, exports, however, continue to indicate a mild shrinkage.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 849 | 921 | 792 | 898 | 1.9% |
| United Kingdom | 81.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 931 | 921 | 792 | 898 | -1.2% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Lithuania in 2022:
- Estonia (424.5 tons)
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