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

Contents:

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

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

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $8,000 per ton, falling by -89.3% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 414%. Over the period under review, average import prices hit record highs at $116,667 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -21.1% per year.

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

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $5,471 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $5,472 per ton in 2021, and then contracted modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -0.0% per year.

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

After three years of growth, overseas purchases of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -66.7% to 1 kg in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 200%. As a result, imports attained the peak of 3 kg, and then declined sharply in the following year.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped notably to $8 in 2022. Over the period under review, imports showed a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 1,079% against the previous year. As a result, imports attained the peak of $224, and then declined significantly in the following year.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany71.019.02248.0-51.7%
OthersN/AN/AN/AN/A0%
Total71.019.02248.0-51.7%

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

  1. Germany (1.0 kg)

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

In 2022, approx. 8.6 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were exported from Luxembourg; with a decrease of -50% compared with the previous year. Over the period under review, exports showed a significant contraction.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped sharply to $47K in 2022. In general, exports faced a precipitous setback.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Luxembourg (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands94.247.1-50.0%
OthersN/AN/A0%
Total94.247.1-50.0%

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

  1. Netherlands (8.6 tons)

Source: IndexBox Market Intelligence Platform

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