Wool Grease Market
Wool grease market: find newly released information provided by an Ai-driven BI tool. Statistics contain market size, consumption, trade, production, imports, companies, exports, and market prices. Here is a breakdown by region, including Africa, the U.S., EU, the Middle East, China, Latin America, the U.K., and Russia. Market insights and outlook to 2030 are also featured in the reports.
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Wool Grease - World's Largest Markets
Rating | Country |
---|---|
1 | Netherlands |
2 | Germany |
3 | Australia |
4 | China |
5 | Japan |
In value terms, the largest wool grease markets worldwide were the Netherlands, Germany and Australia, together accounting for 38% of the global market. China, Japan, the United States, Italy, New Zealand, Canada, Brazil, India, Argentina and the Czech Republic lagged somewhat behind, together accounting for a further 35%.
The Czech Republic (+110.7% per year) saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while wool grease market for the other global leaders experienced more modest paces of growth.
Wool Grease Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 3352 | 3752 | 3402 | 0.7% |
Czech Republic | 4053 | 3379 | 3655 | -5.0% |
Uruguay | 4121 | 4510 | 3968 | -1.9% |
China | 3917 | 3863 | 3992 | 1.0% |
Netherlands | 5483 | 3943 | 4095 | -13.6% |
New Zealand | 3697 | 3899 | 4337 | 8.3% |
Australia | 4612 | 4111 | 4623 | 0.1% |
United Kingdom | 8411 | 8335 | 7697 | -4.3% |
Belgium | 8321 | 7972 | 10209 | 10.8% |
Germany | 9922 | 10242 | 11832 | 9.2% |
Japan | 10333 | 11618 | 11876 | 7.2% |
Average | 5638 | 5575 | 5503 | -1.2% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($11,876 per ton), while the United States ($3,402 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
France | 13230 | 13842 | 9505 | -15.2% |
Netherlands | 7205 | 6445 | 8116 | 6.1% |
Germany | 6117 | 5812 | 5908 | -1.7% |
United States | 5602 | 6875 | 5737 | 1.2% |
Brazil | 6131 | 5884 | 5527 | -5.1% |
Italy | 4581 | 4517 | 4714 | 1.4% |
United Kingdom | 4309 | 4446 | 4713 | 4.6% |
Belgium | 4198 | 4207 | 4598 | 4.7% |
India | 6861 | 5670 | 4240 | -21.4% |
Japan | 3591 | 3471 | 3630 | 0.5% |
Singapore | 3321 | 3252 | 3422 | 1.5% |
Canada | 3049 | 2650 | 2404 | -11.2% |
Average | 5686 | 5605 | 5583 | -0.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($9,505 per ton), while Canada ($2,404 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Wool Grease - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 34 | 26 | 26 | -13.2% |
United States | 23 | 24 | 23 | -1.0% |
United Kingdom | 20 | 23 | 23 | 4.9% |
Japan | 20 | 18 | 17 | -8.6% |
Netherlands | 7.6 | 8.7 | 11 | 21.5% |
In value terms, Germany ($26M), the United States ($23M) and the UK ($23M) were the countries with the highest levels of imports in 2020, with a combined 40% share of global imports. These countries were followed by Japan, the Netherlands, Belgium, France, Brazil, India, Canada, Italy and Singapore, which together accounted for a further 34%.
Among the main importing countries, India (+53.7% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Wool Grease - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
China | 45 | 39 | 44 | -1.4% |
United Kingdom | 33 | 35 | 36 | 3.4% |
Japan | 26 | 22 | 19 | -14.0% |
Belgium | 17 | 15 | 18 | 5.1% |
Netherlands | 1 | 1.1 | 15 | 288.7% |
In value terms, the largest wool grease supplying countries worldwide were China ($44M), the UK ($36M) and Japan ($19M), together comprising 52% of global exports. These countries were followed by Belgium, the Netherlands, Germany, the United States, New Zealand, Uruguay, the Czech Republic and Australia, which together accounted for a further 39%.
The Netherlands (+288.7% per year) saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Wool Grease - Market Forecast
The wool grease market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Wool Grease - Top Companies
BASF SE, Beijing Jing-Ao Wool Co., Ltd., PETRONIKA, PT, SAUDI BASIC INDUSTRIES CORPORATION (SABIC), Yingde Jiaxing Shoe Materials Co., Ltd., TORAY INDUSTRIES,INC., BASF Corporation, Braskem S/A, Umicore SA, SHIN-ETSU CHEMICAL CO., LTD., MITSUI CHEMICALS,INC., FORMOSA CHEMICALS & FIBRE CORP., INDORAMA VENTURES PUBLIC COMPANY LIMITED, Shandong Weiqiao Pioneering Group Co., Ltd., TOSOH CORPORATION, B.A.S.F. Antwerpen N.V. NV, SHOWA DENKO K.K., UBE INDUSTRIES, LTD., Maoming Lvyuan Food Co., Ltd., MITSUBISHI GAS CHEMICAL COMPANY,INC.
Wool Grease - Product Coverage
- HS 1505 - Wool grease and fatty substances derived therefrom (including lanolin)
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