Wool; Carded Price in Slovakia - 2023

Contents:

1. Wool; Carded Price in Slovakia (CIF) - 2022
2. Wool; Carded Price in Slovakia (FOB) - 2022
3. Wool; Carded Imports in Slovakia
4. Wool; Carded Exports in Slovakia

Wool; Carded Price in Slovakia (CIF) - 2022

In 2022, the average wool; carded import price amounted to $3,758 per ton, increasing by 27% against the previous year. Overall, the import price posted a moderate increase. The most prominent rate of growth was recorded in 2014 an increase of 96%. As a result, import price reached the peak level of $5,875 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Germany ($11,231 per ton), while the price for the Czech Republic ($3,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Wool; Carded Price in Slovakia (FOB) - 2022

The average wool; carded export price stood at $6,217 per ton in 2022, reducing by -34.6% against the previous year. In general, export price indicated a perceptible increase from 2020 to 2022: its price increased at an average annual rate of +4.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wool; carded export price increased by +9.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 68% against the previous year. As a result, the export price reached the peak level of $9,500 per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($6,500 per ton), while the average price for exports to France ($4,000 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+536.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wool; Carded Imports in Slovakia

In 2022, approx. 7.6 tons of wool; carded were imported into Slovakia; declining by -50.9% on the previous year's figure. In general, imports continue to indicate a sharp setback. The smallest decline of -10.3% was in 2021.

In value terms, wool; carded imports fell dramatically to $28K in 2022. Over the period under review, imports saw a precipitous setback. The smallest decline of -16.6% was in 2020.

Top Suppliers of Wool; Carded to Slovakia in 2022:

1. Czech Republic (7.1 tons)
2. Netherlands (0.4 tons)

Wool; Carded Exports in Slovakia

In 2022, after two years of growth, there was significant decline in shipments abroad of wool; carded, when their volume decreased by -23.3% to 23 kg. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of 30 kg, and then contracted markedly in the following year.

In value terms, wool; carded exports reduced sharply to $143 in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 319% against the previous year. As a result, the exports attained the peak of $285, and then fell notably in the following year.

Top Export Markets for Wool; Carded from Slovakia in 2022:

1. Czech Republic (11.0 kg)
2. Poland (10.0 kg)
3. France (2.0 kg)

Source: IndexBox Market Intelligence Platform