Eastern Europe: Noils Of Wool Market 2025

Noils Of Wool Market Size in Eastern Europe

For the third year in a row, the East European noils of wool market recorded decline in sales value, which decreased by -0.5% to $X in 2021. Over the period under review, consumption, however, saw a slight decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Noils Of Wool Production in Eastern Europe

In value terms, noils of wool production rose rapidly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 22%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Noils Of Wool Exports

Exports in Eastern Europe

In 2021, shipments abroad of noils of wool or fine animal hair was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, noils of wool exports soared to $X in 2021. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the Czech Republic (X tons) was the largest exporter of noils of wool or fine animal hair, creating 70% of total exports. It was distantly followed by Bulgaria (X tons), generating a 17% share of total exports. Russia (X tons), Romania (X tons), Moldova (X tons) and Belarus (X tons) held a little share of total exports.

Exports from the Czech Republic decreased at an average annual rate of -1.9% from 2012 to 2021. At the same time, Romania (+106.8%), Bulgaria (+14.3%) and Moldova (+8.6%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +106.8% from 2012-2021. By contrast, Belarus (-6.3%) and Russia (-6.9%) illustrated a downward trend over the same period. While the share of Bulgaria (+12 p.p.), Romania (+2.9 p.p.) and Moldova (+1.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-1.7 p.p.), Russia (-3 p.p.) and the Czech Republic (-10.1 p.p.) displayed negative dynamics.

In value terms, the Czech Republic ($X) remains the largest noils of wool supplier in Eastern Europe, comprising 75% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 20% share of total exports. It was followed by Russia, with a 1.5% share.

In the Czech Republic, noils of wool exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (+29.0% per year) and Russia (-11.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, surging by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2016 when the export price increased by 13%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.8%), while the other leaders experienced more modest paces of growth.

Noils Of Wool Imports

Imports in Eastern Europe

In 2021, overseas purchases of noils of wool or fine animal hair increased by 64% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, noils of wool imports soared to $X in 2021. Overall, imports, however, recorded a pronounced downturn. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tons) and Slovakia (X tons) represented roughly 68% of total imports in 2021. It was distantly followed by the Czech Republic (X tons) and Ukraine (X tons), together making up a 27% share of total imports. The following importers - Russia (X tons) and Bulgaria (X tons) - together made up 4.9% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +10.8%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest noils of wool importing markets in Eastern Europe were Lithuania ($X), Slovakia ($X) and the Czech Republic ($X), together comprising 97% of total imports.

Among the main importing countries, the Czech Republic, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, growing by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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