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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $11,892 per ton in 2022, picking up by 2.4% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wool; wool tops and other combed wool, in fragmentses increased by +85.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 81% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($16,076 per ton), while the price for Germany ($3,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.5%), 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 Lithuania (FOB) - 2022

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $22,563 per ton in 2022, dropping by -42.4% against the previous year. Overall, the export price recorded a deep reduction. The growth pace was the most rapid in 2019 an increase of 56%. The export price peaked at $45,941 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($31,385 per ton), while the average price for exports to Italy amounted to $22,213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.6%).

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

In 2022, overseas purchases of wool; wool tops and other combed wool, in fragmentses decreased by -15.4% to 152 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 355 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses reduced to $1.8M in 2022. In general, imports saw a abrupt decrease. The smallest decline of -8.7% was in 2021.

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

1. Italy (106.9 tons)
2. Germany (26.7 tons)
3. Czech Republic (7.4 tons)
4. Bulgaria (4.9 tons)
5. United Kingdom (2.9 tons)
6. Australia (2.7 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of wool; wool tops and other combed wool, in fragmentses, when their volume increased by 1,213% to 9.5 tons. In general, exports showed a significant expansion. 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 surged to $214K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained 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 Lithuania in 2022:

1. Italy (9.3 tons)
2. Belarus (0.1 tons)

Source: IndexBox Market Intelligence Platform