Wool; Carded Price in Serbia - 2023

Contents:

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

Wool; Carded Price in Serbia (FOB) - 2022

In 2022, the average wool; carded export price amounted to $5,302 per ton, falling by -10.2% against the previous year. Over the period under review, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $26,591 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -4.3% per year.

Wool; Carded Price in Serbia (CIF) - 2022

The average wool; carded import price stood at $11,985 per ton in 2022, dropping by -19.3% against the previous year. Overall, the import price, however, posted modest growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 77%. Over the period under review, average import prices hit record highs at $30,884 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +11.0% per year.

Wool; Carded Exports in Serbia

For the fourth year in a row, Serbia recorded growth in overseas shipments of wool; carded, which increased by 39% to 4.2 tons in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 229%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wool; carded exports soared to $23K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 277% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

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

1. Bosnia and Herzegovina (4.2 tons)

Wool; Carded Imports in Serbia

In 2022, the amount of wool; carded imported into Serbia skyrocketed to 406 kg, rising by 346% on the previous year's figure. Overall, imports continue to indicate a strong expansion.

In value terms, wool; carded imports soared to $4.9K in 2022. Over the period under review, imports, however, recorded a abrupt decrease.

Top Suppliers of Wool; Carded to Serbia in 2022:

1. Italy (406.0 kg)

Source: IndexBox Market Intelligence Platform