Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (FOB) - 2023
  3. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium
  4. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (CIF) - 2022

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $685 per ton in 2022, shrinking by -7.1% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 12%. The import price peaked at $1,504 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Spain ($1,622 per ton), while the price for Austria ($486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (FOB) - 2023

In November 2023, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $1,077 per ton, surging by 4.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 73% month-to-month. As a result, the export price reached the peak level of $1,635 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($1,302 per ton), while the average price for exports to Tunisia stood at $370 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium

Imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Belgium totaled 5.8K tons in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 31%.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell to $4M in 2022. In general, imports, however, recorded a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 7.5%.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,3221,2321,4391,165-20.5%
Germany2,116516877649-32.6%
Spain1,349350277588-24.2%
Portugal766499287539-11.1%
Switzerland20228231731115.5%
Netherlands354317286301-5.3%
Austria198192149157-7.4%
Hungary949449414141-47.0%
Others65166.6151103-45.9%
Total8,9083,9044,1973,952-23.7%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Belgium in 2022:

  1. France (1784.9 tons)
  2. Germany (1285.2 tons)
  3. Portugal (703.7 tons)
  4. Netherlands (578.5 tons)
  5. Spain (362.2 tons)
  6. Austria (322.3 tons)
  7. Switzerland (308.0 tons)
  8. Hungary (274.2 tons)

Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Belgium rose to 3K tons in 2022, with an increase of 2.3% against the year before. In general, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $3.2M in 2022. Overall, exports, however, continue to indicate a dramatic contraction.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.72.31.62.8-15.9%
IndiaN/AN/AN/A0.10%
United Kingdom0.20.10.20.1-20.6%
Uruguay2.30.10.1N/A-79.1%
OthersN/A0.20.80.20.0%
Total7.22.72.63.2-23.7%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Belgium in 2022:

  1. China (2518.4 tons)
  2. United Kingdom (198.5 tons)
  3. India (167.5 tons)

Source: IndexBox Market Intelligence Platform

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