Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (FOB) - 2024
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (FOB) - 2024
The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $929 per ton in December 2023, with an increase of 11% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 44% against the previous month. As a result, the export price reached the peak level of $930 per ton. From October 2023 to December 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From January 2023 to December 2023, the rate of growth in terms of prices for the UK amounted to +1.0% per month.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $10,068 per ton, picking up by 34% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2017 an increase of 1,109% against the previous year. As a result, import price attained the peak level of $31,267 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nepal ($121,938 per ton), while the price for Sweden amounted to $1,923 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+1,078.8%), while the prices for the other major suppliers experienced a decline.
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway
In 2022, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Norway skyrocketed to 3K tons, rising by 40% against 2021. In general, exports, however, showed a noticeable downturn.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $2.4M in 2022. Over the period under review, exports, however, faced a abrupt decline.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.3 | 1.7 | 1.9 | 2.3 | -11.3% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 1.7 | 1.9 | 2.4 | -10.1% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Norway in 2022:
- United Kingdom (2931.7 tons)
- Ireland (47.3 tons)
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway
In 2022, purchases abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -66.7% to 484 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 38,708%. As a result, imports reached the peak of 50 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell remarkably to $4.9K in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 5,421% against the previous year. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | N/A | N/A | 9.4 | 2.0 | -78.7% |
| Sweden | N/A | 0.2 | 0.6 | 0.9 | 112.1% |
| United Kingdom | N/A | 23.8 | N/A | N/A | 0% |
| Austria | N/A | 5.2 | N/A | N/A | 0% |
| Others | 0.6 | 2.6 | 0.9 | 2.1 | 51.8% |
| Total | 0.6 | 31.9 | 10.9 | 4.9 | 101.4% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Norway in 2022:
- Sweden (453.0 kg)
- Nepal (16.0 kg)
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