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

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $13,972 per ton, shrinking by -56.9% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 164% against the previous year. As a result, import price reached the peak level of $94,961 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 China ($26,588 per ton), while the price for Norway ($6,911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-5.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $40,353 per ton in 2022, jumping by 248% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. Over the period under review, the average export prices attained the maximum at $72,675 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($108,921 per ton), while the average price for exports to the Netherlands ($4,731 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 Japan (+41.8%), 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 Denmark

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Denmark surged to 5 tons, jumping by 174% compared with the previous year's figure. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 259% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $70K in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 832% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. United Kingdom (4.1 tons)
2. China (0.6 tons)
3. Germany (0.3 tons)
4. Norway (0.1 tons)

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

After three years of growth, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses decreased by -27.3% to 896 kg in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. As a result, the exports reached the peak of 1.2 tons, and then reduced sharply in the following year.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $36K in 2022. In general, exports, however, showed a measured expansion. 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, Other than in Fragments from Denmark in 2022:

1. Iceland (267.0 kg)
2. Austria (222.0 kg)
3. United Kingdom (128.0 kg)
4. Germany (65.0 kg)
5. Sweden (61.0 kg)
6. Canada (27.0 kg)
7. Netherlands (26.0 kg)
8. Taiwan (Chinese) (21.0 kg)
9. Finland (20.0 kg)
10. Norway (12.0 kg)

Source: IndexBox Market Intelligence Platform