Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia
  4. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,929 per ton, growing by 15% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. The import price peaked at $4,849 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,562 per ton), while the price for New Zealand totaled $2,532 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $3,032 per ton, increasing by 4.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $3,509 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,625 per ton), while the average price for exports to Lithuania stood at $3,032 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+0.8%).

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia

In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -54.6% to 316 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 195%. As a result, imports attained the peak of 695 tons, and then declined dramatically in the following year.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn fell remarkably to $924K in 2022. In general, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 180%. As a result, imports reached the peak of $1.8M, and then contracted rapidly in the following year.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand5625501,2646434.6%
United KingdomN/A67.8445282103.9%
Others65.214.461.3N/A-3.0%
Total6276321,77192413.8%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Estonia in 2022:

  1. New Zealand (253.9 tons)
  2. United Kingdom (61.7 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia

After two years of growth, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -87.9% to 62 tons in 2022. In general, exports faced a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of 510 tons, and then dropped notably in the following year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted significantly to $187K in 2022. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports reached the peak of $1.5M, and then reduced sharply in the following year.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Lithuania1,0191,482187-57.2%
Others0.51.30.1-55.3%
Total1,0201,484187-57.2%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Estonia in 2022:

  1. Lithuania (61.6 tons)

Source: IndexBox Market Intelligence Platform

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