Spain - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreasy Wool Price in Spain - 2023
Contents:
- Greasy Wool Price in Spain (FOB) - 2023
- Greasy Wool Price in Spain (CIF) - 2022
- Greasy Wool Exports in Spain
- Greasy Wool Imports in Spain
Greasy Wool Price in Spain (FOB) - 2023
The average greasy wool export price stood at $1,555 per ton in August 2023, which is down by -17.9% against the previous month. In general, the export price showed a slight curtailment. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 52% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,896 per ton in July 2023, and then reduced notably in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Italy ($6,818 per ton), while the average price for exports to France ($565 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+79.2%), while the prices for the other major destinations experienced more modest paces of growth.
Greasy Wool Price in Spain (CIF) - 2022
In 2022, the average greasy wool import price amounted to $1,486 per ton, jumping by 18% against the previous year. Overall, the import price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 45% against the previous year. As a result, import price reached the peak level of $2,561 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Italy ($18,050 per ton), while the price for Tunisia ($818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Greasy Wool Exports in Spain
Greasy wool exports from Spain rose modestly to 10K tons in 2022, with an increase of 2.6% against the previous year. Over the period under review, exports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 32%.
In value terms, greasy wool exports reduced to $15M in 2022. In general, exports, however, saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
| Export of Greasy Wool in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.1 | 10.7 | 13.0 | 11.1 | -23.8% |
| Uruguay | 0.4 | 0.5 | 0.9 | 1.7 | 62.0% |
| Portugal | 0.9 | 0.7 | 0.6 | 0.7 | -8.0% |
| Egypt | 1.2 | 0.8 | 0.7 | 0.4 | -30.7% |
| France | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Belgium | 1.0 | 0.4 | 0.2 | 0.4 | -26.3% |
| United States | 0.8 | 0.1 | 0.2 | 0.1 | -50.0% |
| Lithuania | 0.5 | 0.7 | N/A | N/A | 40.0% |
| Others | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Total | 30.9 | 14.6 | 16.2 | 15.2 | -21.1% |
Top Export Markets for Greasy Wool from Spain in 2022:
- China (6.2K tons)
- Uruguay (1.4K tons)
- Portugal (1.2K tons)
- France (0.4K tons)
- Egypt (0.3K tons)
- Belgium (0.3K tons)
- United States (0.1K tons)
Greasy Wool Imports in Spain
After three years of growth, purchases abroad of greasy wool decreased by -23.1% to 1.8K tons in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. As a result, imports attained the peak of 2.4K tons, and then declined sharply in the following year.
In value terms, greasy wool imports reduced to $2.7M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $3M, and then declined in the following year.
| Import of Greasy Wool in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 680 | 462 | 1,274 | 1,025 | 14.7% |
| Italy | 465 | 390 | 634 | 852 | 22.4% |
| Tunisia | 652 | 302 | 293 | 294 | -23.3% |
| Czech Republic | 191 | 43.5 | 158 | 182 | -1.6% |
| United Kingdom | 86.8 | 256 | 372 | 178 | 27.0% |
| Uruguay | N/A | N/A | N/A | 83.2 | 0% |
| Others | 72.4 | 311 | 291 | 121 | 18.7% |
| Total | 2,147 | 1,764 | 3,022 | 2,736 | 8.4% |
Top Suppliers of Greasy Wool to Spain in 2022:
- Portugal (1108.2 tons)
- Tunisia (359.5 tons)
- United Kingdom (173.3 tons)
- Czech Republic (72.4 tons)
- Uruguay (51.9 tons)
- Italy (47.2 tons)
This report provides an in-depth analysis of the greasy wool market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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