Wool; Carded Price in Lithuania - 2023

Contents:

1. Wool; Carded Price in Lithuania (CIF) - 2022
2. Wool; Carded Price in Lithuania (FOB) - 2022
3. Wool; Carded Imports in Lithuania
4. Wool; Carded Exports in Lithuania

Wool; Carded Price in Lithuania (CIF) - 2022

The average wool; carded import price stood at $4,995 per ton in 2022, with an increase of 8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 258%. The import price peaked at $19,400 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,334 per ton), while the price for Latvia ($3,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.8%), while the prices for the other major suppliers experienced a decline.

Wool; Carded Price in Lithuania (FOB) - 2022

In 2022, the average wool; carded export price amounted to $8,825 per ton, reducing by -24.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. As a result, the export price reached the peak level of $18,215 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($12,670 per ton), while the average price for exports to Italy ($3,681 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 (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Wool; Carded Imports in Lithuania

For the fourth consecutive year, Lithuania recorded growth in overseas purchases of wool; carded, which increased by 22% to 99 tons in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, wool; carded imports skyrocketed to $492K in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Wool; Carded to Lithuania in 2022:

1. Latvia (64.3 tons)
2. China (25.5 tons)
3. Italy (4.7 tons)
4. Sweden (3.8 tons)

Wool; Carded Exports in Lithuania

In 2022, the amount of wool; carded exported from Lithuania skyrocketed to 31 tons, with an increase of 112% on the previous year's figure. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 340% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, wool; carded exports soared to $272K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 309%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Top Export Markets for Wool; Carded from Lithuania in 2022:

1. Russia (20.3 tons)
2. Italy (5.2 tons)
3. United Kingdom (2.6 tons)
4. Kyrgyzstan (1.1 tons)
5. Kazakhstan (1.1 tons)
6. Belarus (0.5 tons)

Source: IndexBox Market Intelligence Platform