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

Contents:

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

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

In 2022, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $8,759 per ton, growing by 57% against the previous year. In general, the export price, however, recorded a perceptible decline. The export price peaked at $11,254 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.7% per year.

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $8,285 per ton in 2022, rising by 9.7% against the previous year. In general, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66%. The import price peaked at $18,495 per ton in 2012; however, from 2013 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 Russia ($15,891 per ton), while the price for Lithuania ($3,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+38.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 2.7 tons of wool; wool tops and other combed wool, in fragmentses were exported from Latvia; increasing by 121% against the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses soared to $24K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (2.7 tons)

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

In 2022, the amount of wool; wool tops and other combed wool, in fragmentses imported into Latvia soared to 2.7 tons, increasing by 87% against the previous year. Over the period under review, imports, however, showed a dramatic shrinkage.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses surged to $23K in 2022. In general, imports, however, recorded a precipitous setback.

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

1. Poland (1956.0 kg)
2. Lithuania (728.0 kg)
3. Russia (46.0 kg)

Source: IndexBox Market Intelligence Platform