Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Norway - 2024
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (CIF) - 2024
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (CIF) - 2024
The average import price for yarn of combed wool, not put up for retail sale stood at $23,463 per ton in February 2024, reducing by -2.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 28% m-o-m. As a result, import price attained the peak level of $30,331 per ton. From August 2023 to February 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($30,592 per ton), while the price for Turkey ($18,437 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $31,646 per ton, picking up by 22% against the previous year. Overall, the export price showed a temperate expansion. The pace of growth appeared the most rapid in 2015 an increase of 73%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($73,787 per ton), while the average price for exports to the UK ($10,837 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 France (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway
In 2022, imports of yarn of combed wool, not put up for retail sale into Norway dropped rapidly to 839 tons, shrinking by -16.1% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of 999 tons, and then contracted dramatically in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale declined sharply to $17M in 2022. Overall, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $20M, and then contracted rapidly in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 4.0 | 2.7 | 4.4 | -1.5% |
| Czech Republic | 3.2 | 1.9 | 4.7 | 3.5 | 3.0% |
| Austria | 3.0 | 1.6 | 2.8 | 2.3 | -8.5% |
| United Kingdom | 0.7 | 1.2 | 2.1 | 1.6 | 31.7% |
| Spain | 2.1 | 0.5 | 1.1 | 1.6 | -8.7% |
| China | 0.6 | 1.1 | 1.3 | 1.3 | 29.4% |
| Poland | 1.3 | 0.3 | 0.9 | 0.6 | -22.7% |
| Turkey | 0.1 | 2.4 | 3.3 | 0.3 | 44.2% |
| Others | 3.1 | 2.4 | 1.5 | 0.9 | -33.8% |
| Total | 18.7 | 15.5 | 20.3 | 16.6 | -3.9% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Norway in 2022:
- Germany (206.3 tons)
- Czech Republic (181.5 tons)
- Spain (112.9 tons)
- United Kingdom (109.8 tons)
- Austria (94.3 tons)
- China (55.8 tons)
- Poland (26.4 tons)
- Turkey (18.4 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway
In 2022, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -36.5% to 11 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 70%. As a result, the exports reached the peak of 32 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of yarn of combed wool, not put up for retail sale fell notably to $342K in 2022. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 60% against the previous year. As a result, the exports attained the peak of $714K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 64.4 | 16.3 | 95.5 | 142 | 30.2% |
| Iceland | N/A | N/A | 15.2 | 53.7 | 253.3% |
| Faroe Islands | N/A | N/A | 5.5 | 30.5 | 454.5% |
| France | 6.9 | N/A | 36.1 | 22.2 | 47.6% |
| Denmark | 26.7 | 205 | 8.9 | 17.8 | -12.6% |
| United Kingdom | N/A | 6.8 | 38.2 | 12.0 | 32.8% |
| Switzerland | 1.0 | N/A | 10.7 | 11.5 | 125.7% |
| Sweden | 14.9 | 113 | 40.0 | 6.6 | -23.8% |
| Finland | 181 | 74.6 | 112 | 6.1 | -67.7% |
| Russia | 79.9 | N/A | 1.9 | N/A | -84.6% |
| Turkey | N/A | 256 | N/A | N/A | 0% |
| Others | 71.6 | 42.1 | 77.9 | 39.2 | -18.2% |
| Total | 446 | 714 | 442 | 342 | -8.5% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Norway in 2022:
- Poland (5.8 tons)
- United Kingdom (1.1 tons)
- Faroe Islands (0.9 tons)
- Iceland (0.7 tons)
- France (0.5 tons)
- Denmark (0.5 tons)
- Finland (0.3 tons)
- Switzerland (0.2 tons)
- Sweden (0.1 tons)
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