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

Contents:

1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Germany (CIF) - 2022
2. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Germany (FOB) - 2024
3. Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Germany
4. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Germany

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

In 2022, the average import price for wool; wool tops and other combed wool, in fragmentses amounted to $6,842 per ton, waning by -17.5% against the previous year. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 13%. The import price peaked at $10,431 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 ($14,576 per ton), while the price for France ($4,998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+6.4%), 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 Germany (FOB) - 2024

In February 2024, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $45,482 per ton, picking up by 291% against the previous month. In general, the export price recorded prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was Switzerland ($62,039 per ton), while the average price for exports to Serbia totaled $12,705 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.2%), 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 Germany

In 2022, imports of wool; wool tops and other combed wool, in fragmentses into Germany was estimated at 272 tons, picking up by 2.4% compared with 2021. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses reduced rapidly to $1.9M in 2022. Over the period under review, imports, however, saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.

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

1. China (73.5 tons)
2. Argentina (54.6 tons)
3. France (42.7 tons)
4. Bulgaria (40.2 tons)
5. Australia (14.7 tons)
6. Mongolia (13.5 tons)
7. Uruguay (7.3 tons)
8. Spain (7.1 tons)
9. Poland (2.0 tons)

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

In 2022, shipments abroad of wool; wool tops and other combed wool, in fragmentses decreased by -8.6% to 143 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, the exports attained the peak of 156 tons, and then fell in the following year.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses shrank markedly to $1.5M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports reached the peak of $1.9M, and then plummeted in the following year.

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

1. Italy (45.9 tons)
2. France (44.0 tons)
3. Czech Republic (22.0 tons)
4. Austria (20.4 tons)
5. Slovakia (3.7 tons)
6. Poland (2.7 tons)
7. Lithuania (0.5 tons)

Source: IndexBox Market Intelligence Platform