Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland (CIF) - 2022
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland (FOB) - 2022
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland (CIF) - 2022
In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $8,711 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 19%. The import price peaked at $8,754 per ton in 2021, and then contracted slightly 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 ($14,607 per ton), while the price for the UK totaled $8,598 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.3%).
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland (FOB) - 2022
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $20,000 per ton in 2022, reducing by -8% against the previous year. Over the period under review, the export price showed a slight decline. The growth pace was the most rapid in 2020 when the average export price increased by 463%. Over the period under review, the average export prices reached the peak figure at $24,293 per ton in 2013; however, from 2014 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 Norway.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +2.2% per year.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland
In 2022, approx. 96 tons of wool; wool tops and other combed wool, other than in fragmentses were imported into Finland; growing by 10% on 2021 figures. In general, imports recorded a relatively flat trend pattern.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses rose markedly to $834K in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat 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, Other than in Fragments in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 800 | 825 | 741 | 808 | 0.3% |
| Germany | 0.2 | 0.8 | 17.5 | 24.2 | 394.6% |
| Others | 0.9 | 1.2 | 1.5 | 1.7 | 23.6% |
| Total | 801 | 827 | 760 | 834 | 1.4% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Finland in 2022:
- United Kingdom (94.0 tons)
- Germany (1.7 tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland
In 2022, approx. 9 kg of wool; wool tops and other combed wool, other than in fragmentses were exported from Finland; picking up by 125% on the previous year's figure. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 500%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses surged to $180 in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,275% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | 90.0 | 58.0 | 180 | 41.4% |
| Switzerland | N/A | 45.0 | N/A | N/A | 0% |
| United States | N/A | N/A | 29.0 | N/A | 0% |
| Iceland | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.0 | 135 | 87.0 | 180 | 255.7% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Finland in 2022:
- Norway (9.0 kg)
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