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

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $24,291 per ton, waning by -2.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 78%. Over the period under review, average import prices reached the peak figure at $38,862 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +0.7% per year.

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $24,669 per ton, rising by 57% against the previous year. Overall, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 135%. Over the period under review, the average export prices attained the peak figure at $34,176 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($24,701 per ton), while the average price for exports to Romania stood at $3,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.8%).

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

In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into Hungary fell sharply to 36 tons, shrinking by -22.8% against the previous year. In general, imports faced a deep setback. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses reduced markedly to $870K in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 7.6% against the previous year.

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

1. Italy (35.8 tons)

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

In 2022, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses were finally on the rise to reach 2 tons after two years of decline. In general, exports, however, recorded a dramatic descent.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $49K in 2022. Over the period under review, exports, however, saw a precipitous contraction.

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

1. Italy (2.0 tons)

Source: IndexBox Market Intelligence Platform