Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark - 2023

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (CIF) - 2023
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (FOB) - 2023
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (CIF) - 2023

The average import price for yarn of carded wool, not put up for retail sale stood at $7,255 per ton in December 2023, reducing by -12.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 75% month-to-month. As a result, import price reached the peak level of $12,285 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($25,176 per ton), while the price for Lithuania ($4,439 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (FOB) - 2023

The average export price for yarn of carded wool, not put up for retail sale stood at $13,497 per ton in December 2023, increasing by 11% against the previous month. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in January 2023 an increase of 94% month-to-month. As a result, the export price reached the peak level of $61,770 per ton. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($58,443 per ton), while the average price for exports to New Zealand ($11,081 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark

In 2022, approx. 3.5K tons of yarn of carded wool, not put up for retail sale were imported into Denmark; jumping by 23% compared with 2021. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of carded wool, not put up for retail sale soared to $21M in 2022. Overall, imports, however, recorded a slight slump.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia13.99.18.811.3-6.7%
Lithuania6.65.86.18.37.9%
United Kingdom1.10.41.10.9-6.5%
Others0.30.30.50.626.0%
Total21.915.716.521.1-1.2%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Denmark in 2022:

  1. Lithuania (1748.6 tons)
  2. Estonia (1573.8 tons)
  3. United Kingdom (165.2 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark

In 2022, approx. 163 tons of yarn of carded wool, not put up for retail sale were exported from Denmark; falling by -31.3% on 2021 figures. Over the period under review, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 435%. As a result, the exports attained the peak of 238 tons, and then declined remarkably in the following year.

In value terms, exports of yarn of carded wool, not put up for retail sale reduced markedly to $1.3M in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 405%. As a result, the exports attained the peak of $2.4M, and then contracted sharply in the following year.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8594081,077712-6.1%
United KingdomN/AN/A588375-36.2%
Belgium3.22.0N/A151261.4%
Norway33.229.765.048.913.8%
United States55.4N/A40.62.0-66.9%
LithuaniaN/AN/A638N/A0%
Others70.143.933.435.2-20.5%
Total1,0214832,4421,3249.0%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Denmark in 2022:

  1. France (77.6 tons)
  2. United Kingdom (65.8 tons)
  3. Belgium (16.1 tons)
  4. Norway (3.0 tons)
  5. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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