Posted 13 March 2022

Since mid 2021 commodity prices have been rising and in February 2022 the turmoil in the world culminated in the Russian invasion of Ukraine. This had another profound effect on most commodity prices but in particular for us , Down. The pressure on prices became irresistible and as a consequence the price of down has sharply risen,

The price of down has risen by 33 1/3 % after not moving for several years so why is this?

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Inflation generally and oil and gas prices in particular have increased as everyone painfully knows. Electricity has also increased sharply and to a lesser degree labour prices. All this effects the cost of down which needs electricity in the cleaning and grading process.

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Nylon is used in many items of outdoor equipment and like polyester is a derivative of oil. Dramatic increases in the price of oil means price rises for nylon and polyester and as a consequence they cannot be used to subsidise the price rise of down.

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There is 30% less down and feather in Poland because of Bird Flu. The numbers are reduced from 7.5m birds to 5m currently.

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There is a particular shortage of Feather and down at the moment. In a normal year Russia and the Ukraine supply around 4000 tonnes to the market and Poland 1500 tonnes. For obvious reasons the Russian and Ukraine supply will not be available.

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The cost of freight transport has increased by a factor of 10. It used to cost 2000 US$ to bring a container from China to Europe and now it costs 20,000UD$. Although we manufacture 100% in Poland this has a knock on effect on all transport costs.

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During the covid pandemic there was a huge demand for down filled leisure clothing, Jackets and vests which used up stock piles of down creating a worldwide shortage.

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Big price increases in China have caused worldwide increases. Although China supplies a majority of the world’s down it is by no means all of it but it is sufficient volume to lead the price in the market.

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Finally last but not least Brexit has increased Transport costs and clearance fees substantially as many courier companies decline to deliver to the UK,

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This is the situation at the moment—Tundra March 2022