Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium - 2024

Contents:

1. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium (FOB) - 2022
2. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium (CIF) - 2022
3. Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium
4. Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium (FOB) - 2022

In 2022, the average export price for wool, or fine or coarse animal hair; garnetted stock amounted to $944 per ton, declining by -33.4% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 110%. Over the period under review, the average export prices reached the maximum at $1,627 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,949 per ton), while the average price for exports to the United States ($773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium (CIF) - 2022

In 2022, the average import price for wool, or fine or coarse animal hair; garnetted stock amounted to $11,204 per ton, picking up by 3,426% against the previous year. Overall, the import price saw significant growth. The growth pace was the most rapid in 2020 an increase of 5,743%. As a result, import price attained the peak level of $122,182 per ton. From 2021 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 China ($19,804 per ton), while the price for Italy ($9,682 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2,963.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of wool, or fine or coarse animal hair; garnetted stock, when their volume decreased by -59% to 52 tons. Over the period under review, exports saw a mild downturn. The most prominent rate of growth was recorded in 2020 with an increase of 54%.

In value terms, exports of wool, or fine or coarse animal hair; garnetted stock declined sharply to $49K in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 115%. As a result, the exports attained the peak of $180K, and then dropped markedly in the following year.

Top Export Markets for Wool, or Fine or Coarse Animal Hair; Garnetted Stock from Belgium in 2022:

1. Germany (27.7 tons)
2. United States (13.8 tons)
3. Italy (4.9 tons)
4. France (2.9 tons)
5. Spain (2.8 tons)

Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Belgium

After three years of growth, supplies from abroad of wool, or fine or coarse animal hair; garnetted stock decreased by -95.7% to 2.2 tons in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 11,130% against the previous year. As a result, imports reached the peak of 51 tons, and then shrank markedly in the following year.

In value terms, imports of wool, or fine or coarse animal hair; garnetted stock soared to $24K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 26,520%. As a result, imports reached the peak of $55K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Wool, or Fine or Coarse Animal Hair; Garnetted Stock to Belgium in 2022:

1. United States (1259.0 kg)
2. Italy (601.0 kg)
3. China (326.0 kg)

Source: IndexBox Market Intelligence Platform