Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (FOB) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (CIF) - 2023
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $7,831 per ton in 2022, remaining constant against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of carded wool, not put up for retail sale increased by +14.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $10,808 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($10,403 per ton), while the average price for exports to Lithuania ($5,084 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 Switzerland (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (CIF) - 2023
The average import price for yarn of carded wool, not put up for retail sale stood at $6,233 per ton in December 2023, increasing by 7.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 11% against the previous month. The import price peaked at $6,558 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($9,696 per ton), while the price for Lithuania amounted to $5,809 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+0.7%).
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia
In 2022, after two years of decline, there was significant growth in shipments abroad of yarn of carded wool, not put up for retail sale, when their volume increased by 14% to 2K tons. Overall, exports, however, continue to indicate a abrupt descent.
In value terms, exports of yarn of carded wool, not put up for retail sale rose markedly to $16M in 2022. In general, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 13.6 | 9.4 | 10.0 | 10.7 | -7.7% |
| Netherlands | 1.1 | 1.5 | 2.4 | 3.1 | 41.3% |
| Switzerland | 0.8 | 0.6 | 0.4 | 0.8 | 0.0% |
| Belgium | N/A | 0.1 | 0.3 | 0.6 | 144.9% |
| Lithuania | 0.6 | 0.3 | 0.2 | N/A | -42.3% |
| Others | 0.5 | 0.1 | 0.4 | 0.3 | -15.7% |
| Total | 16.6 | 11.9 | 13.8 | 15.5 | -2.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Estonia in 2022:
- Denmark (1439.0 tons)
- Netherlands (343.0 tons)
- Belgium (87.6 tons)
- Switzerland (76.1 tons)
- Lithuania (4.4 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia
In 2022, approx. 2.2K tons of yarn of carded wool, not put up for retail sale were imported into Estonia; rising by 42% compared with 2021 figures. Over the period under review, imports, however, saw a pronounced setback.
In value terms, imports of yarn of carded wool, not put up for retail sale soared to $11M in 2022. Overall, imports, however, saw a relatively flat trend pattern.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.5 | 6.6 | 6.9 | 9.8 | 169.6% |
| Denmark | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Others | 10.4 | 0.1 | N/A | N/A | -99.0% |
| Total | 10.9 | 6.7 | 7.0 | 10.8 | -0.3% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Estonia in 2022:
- Lithuania (2109.6 tons)
- Denmark (92.2 tons)
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