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

Contents:

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

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

In November 2023, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $399 per ton, with an increase of 8% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the maximum at $425 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was the UK ($511 per ton), while the average price for exports to Turkey ($355 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $2,962 per ton, declining by -40.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 85% against the previous year. The import price peaked at $11,651 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($4,724 per ton), while the price for Moldova ($461 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Romania contracted dramatically to 5.9K tons, declining by -32.3% against the previous year's figure. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped markedly to $2.3M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,6101,6462,5441,244-21.9%
India37641878.153412.4%
Spain77.224525915526.2%
United Kingdom27043.2104115-24.8%
Germany2.7N/A29.6103236.6%
China33418187.677.0-38.7%
Others48831510593.2-42.4%
Total4,1592,8483,2082,321-17.7%

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

  1. Turkey (3760.7 tons)
  2. India (1137.4 tons)
  3. Germany (223.3 tons)
  4. United Kingdom (218.0 tons)
  5. China (216.0 tons)
  6. Spain (121.0 tons)

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

After two years of decline, supplies from abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by 152% to 272 tons in 2022. Overall, imports posted a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $806K in 2022. The total import value increased at an average annual rate of +2.9% over the period 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.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A47271250.8%
SpainN/AN/A50.877.953.3%
MoldovaN/AN/AN/A6.30%
Austria74064610.5N/A-88.1%
OthersN/AN/A1.910.4447.4%
Total7406465358062.9%

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

  1. Germany (241.0 tons)
  2. Spain (16.5 tons)
  3. Moldova (13.7 tons)

Source: IndexBox Market Intelligence Platform

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