Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $1,916 per ton, declining by -48.8% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 5.3%. Over the period under review, average import prices attained the maximum at $10,244 per ton in 2020; however, from 2021 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 Italy ($5,448 per ton), while the price for the UK ($1,251 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania
For the third year in a row, Lithuania recorded growth in purchases abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, which increased by 25% to 23 tons in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 675%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell dramatically to $44K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 183% against the previous year. As a result, imports reached the peak of $68K, and then shrank significantly in the following year.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Norway | N/A | N/A | 31.6 | 0% | |
| United Kingdom | N/A | 19.1 | 10.0 | -47.6% | |
| Italy | N/A | 49.4 | 2.3 | -95.3% | |
| Germany | 24.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 24.2 | 68.5 | 43.9 | 34.7% | |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Lithuania in 2022:
- Norway (14.5 tons)
- United Kingdom (8.0 tons)
- Italy (0.4 tons)
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