Price for Wool, Not Carded or Combed in Luxembourg - 2023
Contents:
- Price for Wool, Not Carded or Combed in Luxembourg (FOB) - 2022
- Price for Wool, Not Carded or Combed in Luxembourg (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Luxembourg
- Imports of Wool, Not Carded or Combed in Luxembourg
Price for Wool, Not Carded or Combed in Luxembourg (FOB) - 2022
In 2021, the average export price for wool, not carded or combed amounted to $3,909 per ton, standing approx. at the previous year. Overall, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 93% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +12.7% per year.
Price for Wool, Not Carded or Combed in Luxembourg (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $40,585 per ton, reducing by -33.1% against the previous year. Overall, the import price, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 405% against the previous year. The import price peaked at $60,627 per ton in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($113,167 per ton), while the price for France ($8,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+465.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool, Not Carded or Combed in Luxembourg
In 2021, approx. 24 tons of wool, not carded or combed were exported from Luxembourg; approximately mirroring the previous year. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to continue growth in years to come.
In value terms, wool, not carded or combed exports amounted to $95K in 2021. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.
| Export of Wool, Not Carded or Combed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Belgium | 0.6 | N/A | 94.9 | 1157.6% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.6 | N/A | 94.9 | 1157.6% | |
Top Export Markets for Wool, Not Carded or Combed from Luxembourg in 2022:
- Belgium (24.3 tons)
Imports of Wool, Not Carded or Combed in Luxembourg
In 2022, overseas purchases of wool, not carded or combed decreased by -75.7% to 41 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 243% against the previous year. As a result, imports reached the peak of 634 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wool, not carded or combed imports declined significantly to $1.7K in 2022. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,631%. As a result, imports reached the peak of $20K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Wool, Not Carded or Combed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | N/A | N/A | N/A | 0.5 | 0% |
| Turkey | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.4 | 20.2 | 0.2 | 0.2 | -20.6% |
| Sweden | 0.8 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 9.2 | N/A | 0% |
| Others | N/A | 0.1 | 0.8 | N/A | 700.0% |
| Total | 1.2 | 20.3 | 10.2 | 1.7 | 12.3% |
Top Suppliers of Wool, Not Carded or Combed to Luxembourg in 2022:
- Belgium (15.0 kg)
- Turkey (12.0 kg)
- Germany (6.0 kg)
- China (6.0 kg)
- France (1.0 kg)
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