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

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland (CIF) - 2024
  2. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland (FOB) - 2024
  3. Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland
  4. Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland

Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland (CIF) - 2024

In April 2024, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $11,869 per ton, declining by -2.2% against the previous month. Over the period under review, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in September 2023 an increase of 42% month-to-month. The import price peaked at $16,779 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2024, the country with the highest price was China ($12,727 per ton), while the price for Argentina totaled $11,013 per ton.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Bulgaria (-0.5%), 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 Poland (FOB) - 2024

The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $9,686 per ton in April 2024, dropping by -30.1% against the previous month. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 1,885% against the previous month. As a result, the export price reached the peak level of $136K per ton. From September 2023 to April 2024, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From April 2023 to April 2024, the rate of growth in terms of prices for Belarus amounted to +3.3% per month.

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

In 2022, approx. 7.3K tons of wool; wool tops and other combed wool, other than in fragmentses were imported into Poland; which is down by -4.3% against the previous year. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of 7.7K tons, and then declined modestly in the following year.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses rose markedly to $105M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.121.026.133.2151.0%
Czech Republic36.223.433.028.7-7.4%
Italy7.610.919.517.431.8%
China36.412.44.68.3-38.9%
Bulgaria5.55.79.88.314.7%
Uruguay4.1N/A2.05.28.2%
Argentina6.61.0N/A1.9-34.0%
Others4.30.61.61.7-26.6%
Total10375.296.61050.6%

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

  1. Germany (2453.6 tons)
  2. Czech Republic (1975.6 tons)
  3. Italy (1127.4 tons)
  4. China (599.6 tons)
  5. Bulgaria (571.9 tons)
  6. Uruguay (346.3 tons)
  7. Argentina (142.2 tons)

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

In 2022, shipments abroad of wool; wool tops and other combed wool, other than in fragmentses was finally on the rise to reach 174 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt shrinkage.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $2.2M in 2022. Overall, exports, however, recorded a abrupt decline.

Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,4117661,1891,364-17.3%
BelarusN/AN/AN/A4850%
Germany6521,235211241-28.2%
RussiaN/AN/AN/A19.90%
Bulgaria12391294.818.5-46.8%
Czech Republic254N/A0.10.1-92.7%
Others66.940.884.532.7-21.2%
Total3,5072,9531,5802,161-14.9%

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

  1. Italy (96.1 tons)
  2. Belarus (55.0 tons)
  3. Germany (14.1 tons)
  4. Russia (5.0 tons)
  5. Bulgaria (0.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, other than in fragments - Poland