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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $16,185 per ton in 2022, dropping by -27.4% against the previous year. Over the period under review, the import price, however, posted a slight increase. The pace of growth appeared the most rapid in 2016 an increase of 103% against the previous year. Over the period under review, average import prices hit record highs at $30,139 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($56,022 per ton), while the price for Spain ($1,399 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $13,500 per ton in 2022, picking up by 23% against the previous year. Overall, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $21,167 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +10.6% per year.

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

In 2022, purchases abroad of wool; wool tops and other combed wool, in fragmentses was finally on the rise to reach 2.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses skyrocketed to $38K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wool; Wool Tops and Other Combed Wool, in Fragments in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.115.514.618.722.8%
United Kingdom0.60.90.87.6133.1%
New ZealandN/AN/AN/A4.00%
IcelandN/AN/AN/A3.60%
Italy0.52.01.21.544.2%
SpainN/AN/AN/A1.30%
China5.66.24.40.5-55.3%
Austria4.2N/A0.10.2-63.8%
France3.10.5N/A0.1-68.2%
Others0.91.90.3N/A-42.3%
Total25.027.121.437.514.5%

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

  1. Spain (944.0 kg)
  2. Germany (650.0 kg)
  3. New Zealand (339.0 kg)
  4. United Kingdom (136.0 kg)
  5. Italy (113.0 kg)
  6. Iceland (96.0 kg)
  7. China (19.0 kg)
  8. Austria (10.0 kg)
  9. France (9.0 kg)

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

Exports of wool; wool tops and other combed wool, in fragmentses from Switzerland contracted remarkably to 8 kg in 2022, declining by -93.5% compared with the previous year. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 1,950%. As a result, the exports attained the peak of 123 kg, and then dropped rapidly in the following year.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses shrank rapidly to $108 in 2022. Over the period under review, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 965% against the previous year. As a result, the exports reached the peak of $1.4K, and then declined significantly in the following year.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in Switzerland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany71812736.0108-46.8%
FranceN/AN/A1,317N/A0%
OthersN/AN/AN/AN/A0%
Total7181271,353108-46.8%

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

  1. Germany (8.0 kg)

Source: IndexBox Market Intelligence Platform

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