Price for Wool, Not Carded or Combed in Lithuania - 2023
Contents:
- Price for Wool, Not Carded or Combed in Lithuania (CIF) - 2023
- Price for Wool, Not Carded or Combed in Lithuania (FOB) - 2023
- Imports of Wool, Not Carded or Combed in Lithuania
- Exports of Wool, Not Carded or Combed in Lithuania
Price for Wool, Not Carded or Combed in Lithuania (CIF) - 2023
The average import price for wool, not carded or combed stood at $3,017 per ton in September 2023, picking up by 10% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 11% m-o-m. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6,003 per ton), while the price for Spain ($2,040 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Lithuania (FOB) - 2023
In September 2023, the average export price for wool, not carded or combed amounted to $2,662 per ton, growing by 2.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices reached the maximum at $2,671 per ton in December 2022; afterwards, it flattened through to September 2023.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From September 2022 to September 2023, the rate of growth in terms of prices for Estonia amounted to +1.2% per month.
Imports of Wool, Not Carded or Combed in Lithuania
In 2022, imports of wool, not carded or combed into Lithuania declined to 11K tons, reducing by -9.3% against 2021. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of 12K tons, and then dropped in the following year.
In value terms, wool, not carded or combed imports shrank to $27M in 2022. In general, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
| Import of Wool, Not Carded or Combed in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 8.1 | 7.0 | 10.9 | 10.1 | 7.6% |
| United Kingdom | 13.4 | 11.9 | 9.0 | 8.6 | -13.7% |
| Estonia | 2.2 | 1.8 | 2.3 | 2.6 | 5.7% |
| Spain | 0.5 | 0.8 | 1.4 | 1.2 | 33.9% |
| Latvia | 0.5 | 0.2 | 0.8 | 0.9 | 21.6% |
| China | 1.1 | 0.8 | 1.1 | 0.7 | -14.0% |
| Norway | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Others | 2.7 | 2.2 | 2.6 | 2.7 | 0.0% |
| Total | 28.6 | 24.7 | 28.5 | 27.5 | -1.3% |
Top Suppliers of Wool, Not Carded or Combed to Lithuania in 2022:
- United Kingdom (4.2K tons)
- New Zealand (3.9K tons)
- Estonia (0.9K tons)
- Spain (0.6K tons)
- China (0.4K tons)
- Latvia (0.3K tons)
- Norway (0.2K tons)
Exports of Wool, Not Carded or Combed in Lithuania
In 2022, exports of wool, not carded or combed from Lithuania rose notably to 438 tons, picking up by 5.3% compared with the previous year. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wool, not carded or combed exports rose rapidly to $938K in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn.
| Export of Wool, Not Carded or Combed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 849 | 923 | 792 | 898 | 1.9% |
| United Kingdom | 87.8 | 7.7 | 64.6 | 12.1 | -48.3% |
| Others | 158 | 27.1 | 28.5 | 28.2 | -43.7% |
| Total | 1,095 | 958 | 885 | 938 | -5.0% |
Top Export Markets for Wool, Not Carded or Combed from Lithuania in 2022:
- Estonia (424.5 tons)
- United Kingdom (6.6 tons)
536
This report provides an in-depth analysis of the greasy wool market in Lithuania.
409
This report provides an in-depth analysis of the wool market in Lithuania.
127
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Lithuania.
1941
This report provides an in-depth analysis of the global greasy wool market.
4198
This report provides an in-depth analysis of the global wool market.
405
This report provides an in-depth analysis of the global market for electric shavers, hair-removing appliances and hair clippers.
536
This report provides an in-depth analysis of the greasy wool market in Lithuania.
409
This report provides an in-depth analysis of the wool market in Lithuania.
1941
This report provides an in-depth analysis of the global greasy wool market.
4198
This report provides an in-depth analysis of the global wool market.
269
Discover the leading countries in the global market for greasy wool imports and their key statistics. Learn about the demand for this valuable raw material in key textile industries.
1372
China dominates in the global wool grease trade. In 2014, China exported X thousand tons of wool grease totaling X million USD, X% under the previous year. Its primary trading partner was Japan, where it supplied X% of its total wool grease expor
1234
Discover the key importing countries and trends in the global market for wool, driven by the demand for natural and sustainable fibers. China, India, Italy, South Korea, and Malaysia lead the industry, offering opportunities for exporters to tap into these lucrative markets.
881
In value terms, wood wool and wood flour imports amounted to $X in 2016. Overall, wood wool and wood flour imports continue to indicate a temperate slump. Over the period under review, global wood w...
815
In value terms, fine and coarse animal hair imports amounted to $X in 2016. Overall, fine and coarse animal hair imports continue to indicate a relatively flat trend pattern. Global fine and coarse...
877
In value terms, wool waste and coarse animal hair waste imports stood at $X in 2016. In general, wool waste and coarse animal hair waste imports continue to indicate a relatively flat trend pattern...
1014
In value terms, wood wool and wood flour exports amounted to $X in 2016. Overall, wood wool and wood flour exports continue to indicate a relatively flat trend pattern. Over the period under review,...
1094
In value terms, wool waste and coarse animal hair waste exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, t...
4367
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
1707
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
