Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (CIF) - 2023
In October 2023, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,874 per ton, with a decrease of -4.7% against the previous month. Over the period from November 2022 to October 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 14% against the previous month. The import price peaked at $3,017 per ton in September 2023, and then fell slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Belgium ($6,041 per ton), while the price for China ($1,610 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $3,033 per ton, surging by 5.1% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 65%. Over the period under review, the average export prices attained the maximum at $9,593 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($4,323 per ton), while the average price for exports to the UK ($1,842 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 Denmark (+26.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn imported into Lithuania shrank to 9.1K tons, with a decrease of -10.7% on 2021 figures. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93%. As a result, imports attained the peak of 10K tons, and then shrank in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped modestly to $23M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $24M, and then shrank in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 8.1 | 7.0 | 10.8 | 10.1 | 7.6% |
| United Kingdom | 6.3 | 5.2 | 6.7 | 6.4 | 0.5% |
| Estonia | 1.7 | 1.5 | 2.1 | 2.2 | 9.0% |
| Latvia | 0.5 | 0.2 | 0.7 | 0.9 | 21.6% |
| China | 1.1 | 0.8 | 1.1 | 0.7 | -14.0% |
| Norway | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Others | 2.3 | 1.7 | 2.0 | 2.0 | -4.6% |
| Total | 20.1 | 16.4 | 23.8 | 23.0 | 4.6% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Lithuania in 2022:
- New Zealand (3.9K tons)
- United Kingdom (3.3K tons)
- Estonia (0.7K tons)
- China (0.4K tons)
- Latvia (0.3K tons)
- Norway (0.2K tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania
Exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Lithuania reduced remarkably to 13 tons in 2022, dropping by -45% against the year before. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 225% against the previous year.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn fell remarkably to $40K in 2022. Overall, exports showed a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 89%.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | 0.1 | 0.1 | 14.7 | 1112.4% |
| United Kingdom | 6.1 | 7.7 | 64.5 | 12.1 | 25.6% |
| Norway | N/A | N/A | N/A | 10.6 | 0% |
| Germany | 7.0 | 2.5 | N/A | 2.3 | -31.0% |
| Italy | 110 | 24.3 | N/A | N/A | -77.9% |
| Turkey | 41.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 1.7 | 4.0 | N/A | 532.5% |
| Total | 164 | 36.3 | 68.7 | 39.7 | -37.7% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Lithuania in 2022:
- United Kingdom (6.6 tons)
- Latvia (3.4 tons)
- Norway (2.5 tons)
- Germany (0.6 tons)
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