Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $2,655 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum at $6,307 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($3,252 per ton), while the price for the UK stood at $2,251 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-6.1%).
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $5,061 per ton, with an increase of 7.5% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2019 an increase of 139%. As a result, the export price reached the peak level of $12,143 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +3.4% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway
Imports of wool; (not carded or combed), degreased, (not carbonised), shorn into Norway skyrocketed to 381 tons in 2022, jumping by 16% compared with 2021. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 107%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $1M in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 159% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 201 | 164 | 517 | 627 | 46.1% |
| New Zealand | 80.4 | 165 | 211 | 309 | 56.6% |
| Others | 12.8 | 3.7 | 133 | 75.1 | 80.4% |
| Total | 294 | 333 | 861 | 1,011 | 50.9% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Norway in 2022:
- United Kingdom (278.6 tons)
- New Zealand (95.0 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway
In 2022, approx. 23 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were exported from Norway; rising by 42% on the year before. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 33,285%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn surged to $115K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 14,137%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | 67.8 | 115 | 69.6% |
| Estonia | N/A | N/A | 3.4 | N/A | 0% |
| Czech Republic | N/A | N/A | 4.2 | N/A | 0% |
| Others | 0.2 | 0.5 | N/A | 0.2 | 0.0% |
| Total | 0.2 | 0.5 | 75.5 | 115 | 731.6% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Norway in 2022:
- Lithuania (22.8 tons)
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