Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Belarus - 2022

Contents:

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

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $1,688 per ton in 2022, which is down by -41.1% against the previous year. Overall, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2015 an increase of 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,867 per ton in 2021, and then reduced markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +7.7% per year.

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $28,800 per ton in 2022, with an increase of 70% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($50,714 per ton), while the price for Germany ($20,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of wool; wool tops and other combed wool, in fragmentses increased by 147% to 5.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp setback.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses skyrocketed to $9.8K in 2022. In general, exports, however, saw a precipitous curtailment.

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

1. Russia (5.8 tons)

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

For the third consecutive year, Belarus recorded decline in purchases abroad of wool; wool tops and other combed wool, in fragmentses, which decreased by -79.5% to 85 kg in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The smallest decline of -52.9% was in 2020.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses contracted dramatically to $2.4K in 2022. In general, imports faced a precipitous descent. The smallest decline of -41% was in 2020.

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

1. Italy (60.0 kg)
2. Germany (10.0 kg)
3. Russia (8.0 kg)
4. Lithuania (7.0 kg)

Source: IndexBox Market Intelligence Platform