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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $4,406 per ton in 2022, falling by -51.4% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 99%. The import price peaked at $12,537 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($7,305 per ton), while the price for Turkey totaled $4,089 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.5%), 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 Serbia (FOB) - 2022

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $9,532 per ton, which is down by -26.5% against the previous year. Overall, the export price, however, posted noticeable growth. The growth pace was the most rapid in 2020 an increase of 113%. Over the period under review, the average export prices attained the maximum at $57,750 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Germany ($13,365 per ton), while the average price for exports to Bulgaria totaled $2,294 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.9%).

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

After two years of decline, supplies from abroad of wool; wool tops and other combed wool, other than in fragmentses increased by 775% to 24 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $104K in 2022. In general, imports posted a buoyant increase. As a result, imports attained 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.20.1N/A87.3658.6%
Bulgaria20.220.418.217.0-5.6%
Italy15.90.6N/AN/A-96.2%
Brazil24.65.22.4N/A-68.8%
Others8.10.33.9N/A-30.6%
Total69.126.624.510414.6%

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

  1. Turkey (21.3 tons)
  2. Bulgaria (2.3 tons)

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

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses exported from Serbia surged to 3.5 tons, picking up by 295% against the year before. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 706% against the previous year. Over the period under review, the exports of hit record highs 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 $33K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 649% 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A11.330.3168.1%
BulgariaN/AN/AN/A2.80%
JapanN/A4.3N/AN/A0%
Others0.70.80.1N/A-62.2%
Total0.75.111.433.0261.2%

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

  1. Germany (2.3 tons)
  2. Bulgaria (1.2 tons)

Source: IndexBox Market Intelligence Platform

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