Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Austria - 2023

Contents:

1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Austria (CIF) - 2022
2. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Austria (FOB) - 2022
3. Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Austria
4. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Austria

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Austria (CIF) - 2022

In 2022, the average import price for wool; wool tops and other combed wool, in fragmentses amounted to $8,605 per ton, declining by -12.8% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. As a result, import price reached the peak level of $15,978 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,078 per ton), while the price for Germany totaled $8,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Austria (FOB) - 2022

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $58,933 per ton in 2022, surging by 100% against the previous year. Overall, the export price showed a significant increase. 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 Germany ($63,182 per ton), while the average price for exports to the Netherlands ($41,000 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 Switzerland (+93.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Austria

In 2022, imports of wool; wool tops and other combed wool, in fragmentses into Austria fell rapidly to 58 tons, with a decrease of -27.8% on the previous year's figure. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 178% against the previous year. As a result, imports attained the peak of 81 tons, and then contracted markedly in the following year.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses shrank remarkably to $501K in 2022. Overall, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 111% against the previous year. As a result, imports reached the peak of $797K, and then reduced remarkably in the following year.

Top Suppliers of Wool; Wool Tops and Other Combed Wool, in Fragments to Austria in 2022:

1. Germany (44.1 tons)
2. Italy (14.0 tons)

Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Austria

In 2022, shipments abroad of wool; wool tops and other combed wool, in fragmentses decreased by 0% to 15 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a significant decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses soared to $884 in 2022. Overall, exports showed a sharp downturn.

Top Export Markets for Wool; Wool Tops and Other Combed Wool, in Fragments from Austria in 2022:

1. Germany (11.0 kg)
2. Switzerland (2.0 kg)
3. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform