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

Contents:

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

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

The average import price for wool, or fine or coarse animal hair; garnetted stock stood at $5,572 per ton in 2022, declining by -38.6% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 417%. As a result, import price attained the peak level of $14,265 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 Italy ($5,610 per ton), while the price for Poland ($3,596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wool, or fine or coarse animal hair; garnetted stock stood at $2,298 per ton in 2022, jumping by 127% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($16,621 per ton), while the average price for exports to Belgium ($1,375 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 Denmark (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of wool, or fine or coarse animal hair; garnetted stock decreased by -4.7% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 237%.

In value terms, imports of wool, or fine or coarse animal hair; garnetted stock contracted significantly to $83K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,643% against the previous year.

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

1. Italy (14.3 tons)
2. United Kingdom (0.3 tons)
3. Poland (0.3 tons)

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

In 2022, the amount of wool, or fine or coarse animal hair; garnetted stock exported from Germany fell remarkably to 5.2 tons, with a decrease of -97.6% against 2021. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year.

In value terms, exports of wool, or fine or coarse animal hair; garnetted stock dropped notably to $12K in 2022. Overall, exports recorded a precipitous slump. The smallest decline of -4.1% was in 2021.

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

1. Denmark (3.3 tons)
2. Belgium (1.4 tons)
3. Norway (0.2 tons)
4. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform