Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany (CIF) - 2024
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany (FOB) - 2022
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany (CIF) - 2024
The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $12,384 per ton in April 2024, with an increase of 13% against the previous month. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $12,427 per ton in January 2024; however, from February 2024 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was China ($14,828 per ton), while the price for Uruguay ($8,437 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.4%), 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 Germany (FOB) - 2022
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $12,578 per ton in 2022, falling by -2.1% against the previous year. Over the period under review, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $15,284 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 Romania ($16,054 per ton), while the average price for exports to Austria ($8,994 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 the Czech Republic (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany
In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into Germany skyrocketed to 17K tons, rising by 17% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports of reached the maximum 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 soared to $201M in 2022. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.7 | 33.2 | 47.4 | 89.6 | 15.8% |
| Argentina | 62.8 | 39.3 | 57.8 | 52.9 | -5.6% |
| Uruguay | 34.9 | 15.0 | 23.5 | 28.1 | -7.0% |
| Czech Republic | 16.2 | 9.8 | 15.9 | 12.5 | -8.3% |
| Italy | 0.9 | 2.1 | 2.5 | 8.1 | 108.0% |
| Egypt | 2.2 | 4.4 | 6.3 | 3.5 | 16.7% |
| Bulgaria | 3.2 | 1.7 | 5.5 | 1.6 | -20.6% |
| Others | 9.9 | 5.9 | 5.2 | 5.2 | -19.3% |
| Total | 188 | 111 | 164 | 201 | 2.3% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Germany in 2022:
- China (6.1K tons)
- Argentina (4.7K tons)
- Uruguay (3.2K tons)
- Czech Republic (1.2K tons)
- Italy (0.6K tons)
- Egypt (0.3K tons)
- Bulgaria (0.1K tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany
Exports of wool; wool tops and other combed wool, other than in fragmentses from Germany soared to 15K tons in 2022, rising by 16% compared with 2021 figures. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses rose rapidly to $192M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.6 | 18.1 | 56.4 | 64.8 | 68.3% |
| Romania | 37.1 | 35.7 | 30.5 | 29.5 | -7.4% |
| Poland | 24.6 | 14.7 | 25.1 | 29.1 | 5.8% |
| Bulgaria | 5.0 | 6.9 | 12.9 | 25.2 | 71.5% |
| Czech Republic | 15.8 | 12.5 | 16.8 | 19.1 | 6.5% |
| Austria | 8.7 | 5.8 | 9.7 | 9.8 | 4.0% |
| Portugal | 8.5 | 5.4 | 5.2 | 5.1 | -15.7% |
| Others | 15.1 | 8.4 | 12.8 | 9.0 | -15.8% |
| Total | 129 | 108 | 169 | 192 | 14.2% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Germany in 2022:
- Italy (5.2K tons)
- Poland (2.3K tons)
- Bulgaria (1.9K tons)
- Romania (1.8K tons)
- Czech Republic (1.7K tons)
- Austria (1.1K tons)
- Portugal (0.4K tons)
281
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This report provides an in-depth analysis of the combed wool market in Germany.
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