Germany - Wool - Market Analysis, Forecast, Size, Trends And Insights
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Germany - Wool - Market Analysis, Forecast, Size, Trends And Insights

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May 16, 2023

Germany's Wool Price Increases Sharply to $3,740 per Ton

Germany Wool Import Price in January 2023

In January 2023, the wool price amounted to $3,740 per ton (CIF, Germany), surging by 20% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $3,980 per ton in August 2022; however, from September 2022 to January 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($5,912 per ton), while the price for Greece ($766 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Australia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Wool in Germany (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
China9,27813,13710,4119,32124,7847,0934,4355,0027,4326,95213,41811,0595,912
Australia4,6194,9254,4834,5764,8745,8324,6655,3243,8224,9954,4685,5515,854
Belgium4,2333,5964,1714,4973,8353,8973,4783,8423,1173,4922,9653,2103,765
United Kingdom4,2283,2133,4146,2063,2923,7143,0094,8875,0004,9502,6083,5583,231
New Zealand2,5972,5382,8742,7142,4972,2062,0592,5502,2072,3832,7392,6652,859
France2,4683,3852,6093,1783,0252,3662,4462,1162,6843,0013,2133,0862,230
IcelandN/A2,412N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1,831
Greece680N/A790N/A758761789785N/A762N/A753766
TurkeyN/A3,5353,0063,347N/A3,2673,4482,1322,2943,051N/A1,377N/A
Average3,5773,5603,8233,7973,4633,2183,7353,9803,1593,2293,4463,1173,740

Germany Wool Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was wool; (not carded or combed), degreased, (not carbonised), (other than shorn) ($8,936 per ton), while the price for wool; (not carded or combed), degreased, (not carbonised), shorn ($2,962 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by wool; (not carded or combed), carbonised (+1.2%), while the prices for the other products experienced mixed trend patterns.

Germany Wool Imports

In January 2023, wool imports into Germany reduced markedly to 427 tons, declining by -30.8% on the month before. In general, imports saw a slight contraction. The pace of growth was the most pronounced in May 2022 with an increase of 80% month-to-month.

In value terms, wool imports shrank rapidly to $1.6M (IndexBox estimates) in January 2023. Over the period under review, imports showed a slight curtailment. The growth pace was the most rapid in May 2022 when imports increased by 65% month-to-month.

Germany Wool Imports by Type

In January 2023, wool; (not carded or combed), degreased, (not carbonised), shorn (290 tons) constituted the largest type of wool supplied to Germany, accounting for a 68% share of total imports. Moreover, wool; (not carded or combed), degreased, (not carbonised), shorn exceeded the figures recorded for the second-largest type, wool; (not carded or combed), carbonised (137 tons), twofold.

From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of wool; (not carded or combed), degreased, (not carbonised), shorn amounted to -1.4%. With regard to the other supplied products, the following average monthly rates of growth were recorded: wool; (not carded or combed), carbonised (-1.4% per month) and wool; (not carded or combed), degreased, (not carbonised), (other than shorn) (-19.2% per month).

In value terms, wool; (not carded or combed), degreased, (not carbonised), shorn ($859K), wool; (not carded or combed), carbonised ($738K) and wool; (not carded or combed), degreased, (not carbonised), (other than shorn) ($1.3K) appeared to be the most imported types of wool in Germany.

Germany Wool Imports by Country

New Zealand (156 tons), Australia (115 tons) and Belgium (85 tons) were the main suppliers of wool imports to Germany, together comprising 83% of total imports. These countries were followed by Iceland, Greece, the UK, China and France, which together accounted for a further 15%.

From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +64.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wool suppliers to Germany were Australia ($674K), New Zealand ($445K) and Belgium ($319K), with a combined 90% share of total imports. China, Iceland, the UK, France and Greece lagged somewhat behind, together comprising a further 9.3%.

Among the main suppliers, China, with a CAGR of +58.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wool market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13102200 - Wool, degreased or carbonised, not carded or combed

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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