Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway - 2024

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (FOB) - 2024
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (CIF) - 2024
  3. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway
  4. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (FOB) - 2024

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $9.0 per square meter in January 2024, dropping by -4.4% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 13% against the previous month. The export price peaked at $9.6 per square meter in July 2023; however, from August 2023 to January 2024, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($46.9 per square meter), while the average price for exports to Denmark ($8.0 per square meter) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (CIF) - 2024

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $15.1 per square meter in January 2024, with an increase of 29% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 67% m-o-m. As a result, import price attained the peak level of $16.1 per square meter. From August 2023 to January 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($23.8 per square meter), while the price for Italy ($11.0 per square meter) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair exported from Norway stood at 736K square meters, growing by 11% compared with the year before. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 +73.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair totaled $6.2M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2.73.25.15.022.8%
Sweden0.90.60.60.6-12.6%
LithuaniaN/A0.10.10.241.4%
Others0.50.40.40.3-15.7%
Total4.14.26.16.214.8%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Norway in 2022:

  1. Denmark (638.2K square meters)
  2. Sweden (45.6K square meters)
  3. Lithuania (24.5K square meters)

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway

Imports of woven fabrics of combed wool or of combed fine animal hair into Norway rose to 124K square meters in 2022, growing by 4.2% on the previous year's figure. Overall, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, imports of reached the peak figure at 131K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair rose notably to $1.7M in 2022. Over the period under review, imports, however, showed a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Imports peaked at $1.7M in 2019; afterwards, it flattened through to 2022.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom437407456371-5.3%
Austria1991752012528.2%
Czech Republic0.81.20.7169495.6%
Italy333125118155-22.5%
Germany92.314813314817.0%
Poland52.939.665.610525.7%
Denmark10958.7132101-2.5%
Belgium45.449.456.663.812.0%
Lithuania14312819158.7-25.7%
China13.113.416.840.745.9%
Portugal33.031.233.130.4-2.7%
India9.21.72.624.338.2%
Sweden10743.126.819.9-42.9%
Others169113127149-4.1%
Total1,7431,3351,5601,688-1.1%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Norway in 2022:

  1. United Kingdom (30.1K square meters)
  2. Austria (15.0K square meters)
  3. Czech Republic (14.9K square meters)
  4. Germany (11.7K square meters)
  5. Poland (8.6K square meters)
  6. Denmark (8.1K square meters)
  7. Italy (7.5K square meters)
  8. Lithuania (5.5K square meters)
  9. Belgium (4.6K square meters)
  10. Portugal (4.0K square meters)
  11. China (3.0K square meters)
  12. India (2.5K square meters)
  13. Sweden (1.9K square meters)

Source: IndexBox Market Intelligence Platform

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