Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $7,395 per ton, shrinking by -26.6% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 23%. As a result, import price reached the peak level of $25,613 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($26,877 per ton), while the price for Turkey ($4,599 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $27,485 per ton, with a decrease of -28.2% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. As a result, the export price reached the peak level of $41,013 per ton. From 2018 to 2022, the average export prices remained 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 Latvia ($27,121 per ton), while the average price for exports to Lithuania ($17,000 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 Russia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia
In 2022, the amount of yarn of combed wool, not put up for retail sale imported into Estonia skyrocketed to 133 tons, with an increase of 24% against the previous year. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 173% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of yarn of combed wool, not put up for retail sale fell to $981K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +45.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of $1.1M, and then dropped in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 583 | 190 | 387 | 526 | -3.4% |
| Germany | 15.9 | 284 | 487 | 389 | 190.3% |
| Sweden | 11.9 | 48.2 | 51.2 | 29.0 | 34.6% |
| Latvia | 26.2 | 116 | 145 | N/A | 135.3% |
| Others | 189 | 37.7 | 11.4 | 37.0 | -41.9% |
| Total | 826 | 676 | 1,081 | 981 | 5.9% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Estonia in 2022:
- Turkey (114.4 tons)
- Germany (14.5 tons)
- Sweden (2.1 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia
In 2022, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -66.6% to 2 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a mild decrease. The growth pace was the most rapid in 2020 when exports increased by 215%. As a result, the exports attained the peak of 6.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of yarn of combed wool, not put up for retail sale dropped notably to $55K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 315% against the previous year. As a result, the exports reached the peak of $232K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 14.8 | 81.8 | 39.8 | 52.3 | 52.3% |
| Finland | N/A | 1.6 | N/A | 1.4 | -6.5% |
| Russia | 39.3 | 145 | 144 | N/A | 91.4% |
| Lithuania | N/A | 3.7 | 43.0 | N/A | 1062.2% |
| Others | 1.8 | 0.7 | 4.2 | 1.7 | -1.9% |
| Total | 55.9 | 232 | 231 | 55.3 | -0.4% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Estonia in 2022:
- Latvia (1927.0 kg)
- Finland (55.0 kg)
- Lithuania (1.0 kg)
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