Egypt - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreasy Wool Price in Egypt - 2023
Contents:
- Greasy Wool Price in Egypt (FOB) - 2022
- Greasy Wool Price in Egypt (CIF) - 2022
- Greasy Wool Exports in Egypt
- Greasy Wool Imports in Egypt
Greasy Wool Price in Egypt (FOB) - 2022
The average greasy wool export price stood at $718 per ton in 2022, which is down by -53.4% against the previous year. Overall, the export price showed a mild reduction. The pace of growth appeared the most rapid in 2020 an increase of 62% against the previous year. As a result, the export price attained the peak level of $1,665 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($3,059 per ton), while the average price for exports to the UK ($291 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 the United States (-0.6%), while the prices for the other major destinations experienced a decline.
Greasy Wool Price in Egypt (CIF) - 2022
In 2022, the average greasy wool import price amounted to $6,301 per ton, picking up by 9.2% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 16%. The import price peaked at $9,336 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($8,376 per ton), while the price for Jordan ($249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Greasy Wool Exports in Egypt
In 2022, exports of greasy wool from Egypt dropped sharply to 404 tons, waning by -75.9% compared with the year before. Overall, exports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 when exports increased by 465%. As a result, the exports reached the peak of 1.7K tons, and then fell notably in the following year.
In value terms, greasy wool exports contracted significantly to $290K in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 423%. As a result, the exports reached the peak of $2.6M, and then declined significantly in the following year.
| Export of Greasy Wool in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 79.3 | 71.8 | 267 | 170 | 28.9% |
| Italy | 34.0 | 30.2 | 129 | 103 | 44.7% |
| United Kingdom | 19.5 | 12.1 | 65.4 | 14.1 | -10.2% |
| China | 44.1 | 51.4 | 288 | N/A | 155.6% |
| United States | 189 | 230 | 1,356 | N/A | 167.9% |
| Others | 106 | 97.3 | 473 | 2.3 | -72.1% |
| Total | 472 | 493 | 2,578 | 290 | -15.0% |
Top Export Markets for Greasy Wool from Egypt in 2022:
- India (320.1 tons)
- United Kingdom (48.3 tons)
- Italy (33.6 tons)
Greasy Wool Imports in Egypt
In 2022, approx. 6.2K tons of greasy wool were imported into Egypt; increasing by 22% against the year before. Overall, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 71%.
In value terms, greasy wool imports skyrocketed to $39M in 2022. In general, imports, however, continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year.
| Import of Greasy Wool in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 37.4 | 8.1 | 1.1 | 18.3 | -21.2% |
| Argentina | 13.9 | 1.4 | 12.5 | 7.0 | -20.4% |
| South Africa | 6.4 | 2.5 | 1.1 | 6.0 | -2.1% |
| Uruguay | 3.4 | 2.2 | 1.1 | 1.5 | -23.9% |
| United States | 0.3 | 0.3 | 1.5 | 1.3 | 63.0% |
| Chile | 1.0 | 1.3 | 3.7 | 1.0 | 0.0% |
| China | 2.0 | 1.1 | 1.7 | 0.9 | -23.4% |
| Canada | 2.0 | N/A | 0.9 | 0.6 | -33.1% |
| Hungary | 2.0 | 0.9 | 1.0 | 0.6 | -33.1% |
| New Zealand | 3.9 | 0.5 | 0.4 | 0.4 | -53.2% |
| Spain | 1.2 | 0.6 | 0.8 | 0.3 | -37.0% |
| Italy | 3.1 | 0.2 | 0.2 | 0.1 | -68.2% |
| Others | 2.4 | 1.1 | 3.4 | 1.4 | -16.4% |
| Total | 79.0 | 20.1 | 29.5 | 39.3 | -20.8% |
Top Suppliers of Greasy Wool to Egypt in 2022:
- Australia (2185.4 tons)
- Argentina (877.2 tons)
- South Africa (844.6 tons)
- China (481.3 tons)
- United States (417.5 tons)
- Chile (401.8 tons)
- Uruguay (248.0 tons)
- New Zealand (114.1 tons)
- Hungary (91.0 tons)
- Canada (78.5 tons)
- Spain (65.8 tons)
- Italy (33.6 tons)
This report provides an in-depth analysis of the greasy wool market in Egypt. 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:
- FCL 987 - Wool, Greasy
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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