Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Belgium - 2024

Contents:

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

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

In 2022, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $11,345 per ton, falling by -14% against the previous year. In general, the export price saw a noticeable reduction. The growth pace was the most rapid in 2016 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $30,538 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($24,000 per ton), while the average price for exports to Japan ($9,189 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 Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $10,217 per ton in 2022, which is down by -14.2% against the previous year. In general, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 202% against the previous year. The import price peaked at $15,584 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($29,304 per ton), while the price for Italy ($9,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+63.8%), 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 Belgium

In 2022, the amount of wool; wool tops and other combed wool, in fragmentses exported from Belgium skyrocketed to 1.9 tons, with an increase of 50% against the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 235% against the previous year. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses soared to $22K in 2022. In general, exports continue to indicate a relatively flat trend pattern.

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

1. Japan (1578.0 kg)
2. United States (290.0 kg)
3. Germany (1.0 kg)

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

For the third year in a row, Belgium recorded decline in purchases abroad of wool; wool tops and other combed wool, in fragmentses, which decreased by -49.3% to 1.7 tons in 2022. Over the period under review, imports saw a significant contraction. The smallest decline of -7.3% was in 2021.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses dropped markedly to $18K in 2022. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.3%. As a result, imports attained the peak of $40K, and then reduced dramatically in the following year.

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

1. Italy (1667.0 kg)
2. China (46.0 kg)

Source: IndexBox Market Intelligence Platform