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

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $6,435 per ton, waning by -23.6% against the previous year. Over the period under review, the import price saw a slight reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 260% against the previous year. Over the period under review, average import prices hit record highs at $8,423 per ton in 2021, and then shrank significantly in the following year.

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 Germany ($35,455 per ton), while the price for the UK ($1,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $10,213 per ton, rising by 60% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 169%. As a result, the export price reached the peak level of $25,822 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($42,613 per ton), while the average price for exports to France ($8,959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Belgium

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Belgium was estimated at 182 tons, picking up by 3% compared with the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses plummeted to $1.2M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 120% against the previous year.

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

1. France (81.6 tons)
2. Spain (54.3 tons)
3. Uruguay (31.0 tons)
4. United Kingdom (11.6 tons)
5. New Zealand (2.6 tons)

Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Belgium

In 2022, approx. 114 tons of wool; wool tops and other combed wool, other than in fragmentses were exported from Belgium; which is down by -47.7% against 2021 figures. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 476% against the previous year. As a result, the exports reached the peak of 218 tons, and then declined dramatically in the following year.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses declined sharply to $1.2M in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year.

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

1. Spain (56.3 tons)
2. France (47.9 tons)
3. Switzerland (5.8 tons)
4. Lithuania (1.6 tons)
5. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform