Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (FOB) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium
  4. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $5,649 per ton in 2022, reducing by -16.8% against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 17%. The export price peaked at $8,837 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($11,934 per ton), while the average price for exports to Switzerland ($3,686 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 the Netherlands (+3.1%), while the prices for the other major destinations experienced a decline.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $3,292 per ton, surging by 112% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the peak figure at $4,144 per ton in 2014; however, from 2015 to 2022, 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 the UK ($3,568 per ton), while the price for Iceland ($1,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+40.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from Belgium surged to 150 tons, growing by 46% on the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% 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 +72.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) soared to $849K in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany475372526469-0.4%
Switzerland17.631.826.2272149.1%
Netherlands60.280.610166.83.5%
Austria17.454.016.739.030.9%
Ukraine20.183.6N/AN/A315.9%
Others5.53.430.82.4-24.2%
Total59662670084912.5%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Belgium in 2022:

  1. Switzerland (73.7 tons)
  2. Germany (65.2 tons)
  3. Netherlands (5.6 tons)
  4. Austria (5.5 tons)

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium

In 2022, approx. 75 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were imported into Belgium; falling by -65.4% against the year before. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 153% against the previous year. As a result, imports reached the peak of 216 tons, and then contracted sharply in the following year.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) shrank markedly to $246K in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, imports attained the peak of $335K, and then dropped significantly in the following year.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/AN/A44.2113155.7%
United Kingdom62.2N/A78.597.716.2%
France11513110922.1-42.3%
IcelandN/AN/AN/A8.60%
Switzerland2.1N/A2.31.4-12.6%
ChinaN/AN/A53.5N/A0%
MoroccoN/A35.647.0N/A32.0%
Serbia39.0N/AN/AN/A0%
Algeria56.4N/AN/AN/A0%
Turkmenistan18.7N/AN/AN/A0%
Others1.93.20.53.320.2%
Total295170335246-5.9%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Belgium in 2022:

  1. New Zealand (35.4 tons)
  2. United Kingdom (27.4 tons)
  3. France (6.3 tons)
  4. Iceland (4.9 tons)
  5. Switzerland (0.3 tons)

Source: IndexBox Market Intelligence Platform

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