U.S. - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreasy Wool Price in the United States - 2023
Contents:
- Greasy Wool Price in the United States (FOB) - 2023
- Greasy Wool Price in the United States (CIF) - 2022
- Greasy Wool Exports in the United States
- Greasy Wool Imports in the United States
Greasy Wool Price in the United States (FOB) - 2023
The average greasy wool export price stood at $5,421 per ton in September 2023, with an increase of 12% against the previous month. Overall, export price indicated a pronounced expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, greasy wool export price increased by +42.0% against July 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 47% m-o-m. Over the period under review, the average export prices reached the maximum in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($7,690 per ton), while the average price for exports to Uruguay ($3,671 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Greasy Wool Price in the United States (CIF) - 2022
The average greasy wool import price stood at $4,656 per ton in 2022, rising by 11% against the previous year. Overall, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 111%. As a result, import price reached the peak level of $7,974 per ton. From 2019 to 2022, the average 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 ($11,446 per ton), while the price for Spain ($1,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Greasy Wool Exports in the United States
Greasy wool exports from the United States dropped to 2.9K tons in 2022, declining by -12% compared with the previous year's figure. Overall, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, the exports reached the peak of 3.3K tons, and then reduced in the following year.
In value terms, greasy wool exports shrank to $13M in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. As a result, the exports attained the peak of $14M, and then declined in the following year.
| Export of Greasy Wool in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 2.5 | 9.4 | 8.6 | 16.1% |
| Bulgaria | 0.9 | 2.4 | 1.4 | 1.3 | 13.0% |
| Egypt | 3.6 | 1.0 | 0.5 | 1.2 | -30.7% |
| Uruguay | N/A | 0.2 | 0.3 | 0.7 | 87.1% |
| India | 1.3 | 0.1 | 0.2 | 0.4 | -32.5% |
| Italy | 0.5 | 0.4 | 1.3 | 0.1 | -41.5% |
| Belgium | N/A | 0.3 | 0.3 | 0.1 | -42.3% |
| Others | 0.6 | 0.5 | 0.7 | 0.2 | -30.7% |
| Total | 12.3 | 7.4 | 14.0 | 12.5 | 0.5% |
Top Export Markets for Greasy Wool from the United States in 2022:
- China (1983.1 tons)
- Egypt (308.0 tons)
- Bulgaria (277.7 tons)
- Uruguay (137.8 tons)
- India (134.2 tons)
- Belgium (34.3 tons)
- Italy (10.4 tons)
Greasy Wool Imports in the United States
In 2022, approx. 356 tons of greasy wool were imported into the United States; with a decrease of -51% compared with the previous year's figure. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. As a result, imports attained the peak of 726 tons, and then contracted dramatically in the following year.
In value terms, greasy wool imports contracted notably to $1.7M in 2022. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 0.3% against the previous year.
| Import of Greasy Wool in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,487 | 1,645 | 1,135 | 1,216 | -6.5% |
| Canada | 179 | 613 | 772 | 299 | 18.7% |
| Spain | 860 | 110 | 271 | 127 | -47.1% |
| United Kingdom | 129 | N/A | N/A | N/A | 0% |
| Uruguay | N/A | 323 | 538 | N/A | 66.6% |
| South Africa | 498 | 305 | 135 | N/A | -47.9% |
| Others | 287 | 41.6 | 197 | 13.6 | -63.8% |
| Total | 3,439 | 3,039 | 3,048 | 1,655 | -21.6% |
Top Suppliers of Greasy Wool to the United States in 2022:
- Canada (158.4 tons)
- Australia (106.2 tons)
- Spain (88.7 tons)
This report provides an in-depth analysis of the greasy wool market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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