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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $35,000 per ton in 2022, increasing by 8.5% against the previous year. In general, the import price showed significant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 127% against the previous year. The import price peaked at $36,798 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($46,667 per ton), while the price for the UK totaled $32,500 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+225.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $57,500 per ton, remaining constant against the previous year. Overall, the export price saw significant growth. The growth pace was the most rapid in 2019 a decrease of -76% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +62.1% per year.

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

In 2022, the amount of wool; wool tops and other combed wool, in fragmentses imported into Estonia skyrocketed to 17 kg, rising by 113% compared with the year before. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 790%. As a result, imports reached the peak of 89 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses surged to $595 in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,793% against the previous year. As a result, imports attained the peak of $3.3K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wool; Wool Tops and Other Combed Wool, in Fragments in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A20.04552175.0%
Germany20.0N/A23814091.3%
China153N/AN/AN/A0%
LithuaniaN/A3,275N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1733,27525859550.9%

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

  1. United Kingdom (14.0 kg)
  2. Germany (3.0 kg)

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

After two years of decline, shipments abroad of wool; wool tops and other combed wool, in fragmentses decreased by 0% to 2 kg in 2022. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses totaled $115 in 2022. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.0N/AN/A115286.0%
OthersN/AN/AN/AN/A0%
Total2.0N/AN/A115286.0%

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

  1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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