Indonesia - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWool Grease Price in Indonesia - 2022
Contents:
- Wool Grease Price in Indonesia (CIF) - 2022
- Wool Grease Price in Indonesia (FOB) - 2022
- Wool Grease Imports in Indonesia
- Wool Grease Exports in Indonesia
Wool Grease Price in Indonesia (CIF) - 2022
In March 2022, the average wool grease import price amounted to $9,426 per ton, waning by -14.5% against the previous month. In general, the import price, however, showed a measured expansion. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 176% against the previous month. As a result, import price attained the peak level of $20,161 per ton. From July 2021 to March 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was the UK ($9,397 per ton), while the price for Australia stood at $9,300 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool Grease Price in Indonesia (FOB) - 2022
The average wool grease export price stood at $6,586 per ton in 2022, increasing by 9.2% against the previous year. Overall, the export price continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 176%. Over the period under review, the average export prices reached the peak figure at $9,731 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($7,404 per ton), while the average price for exports to Portugal totaled $1,018 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+4.8%).
Wool Grease Imports in Indonesia
For the fourth year in a row, Indonesia recorded growth in supplies from abroad of wool grease and fatty substances, which increased by 17% to 89 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, wool grease imports rose slightly to $666K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wool Grease in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 37.1 | 82.5 | 263 | 172 | 66.7% |
| United Kingdom | 45.0 | 51.1 | 30.6 | 122 | 39.4% |
| China | 49.4 | 80.4 | 170 | 105 | 28.6% |
| Taiwan (Chinese) | 52.6 | 104 | 60.6 | 80.3 | 15.1% |
| Belgium | 31.7 | 27.9 | 7.4 | 52.7 | 18.5% |
| Singapore | 100 | 28.6 | 43.9 | 31.5 | -32.0% |
| India | 6.4 | 14.6 | 25.6 | 14.5 | 31.3% |
| Others | 80.6 | 71.5 | 42.8 | 88.0 | 3.0% |
| Total | 403 | 460 | 644 | 666 | 18.2% |
Top Suppliers of Wool Grease to Indonesia in 2022:
- Australia (23.4 tons)
- United Kingdom (14.3 tons)
- Taiwan (Chinese) (13.6 tons)
- Belgium (10.6 tons)
- China (9.0 tons)
- Singapore (3.5 tons)
- India (1.4 tons)
Wool Grease Exports in Indonesia
In 2022, shipments abroad of wool grease and fatty substances decreased by -16% to 3.5 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of 4.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wool grease exports reduced to $23K in 2022. The total export value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
| Export of Wool Grease in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.7 | 20.7 | 10.6 | 22.4 | 42.8% |
| Portugal | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | 7.9 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | 9.1 | N/A | 0% |
| Others | 0.9 | N/A | 5.2 | 0.2 | -39.4% |
| Total | 16.6 | 20.7 | 24.9 | 22.8 | 11.2% |
Top Export Markets for Wool Grease from Indonesia in 2022:
- Singapore (3.0 tons)
- Portugal (0.2 tons)
This report provides an in-depth analysis of the wool grease market in Indonesia. 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 994 - Wool Grease and Lanolin
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
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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
452
This report provides an in-depth analysis of the wool grease market in Indonesia.
1055
This report provides an in-depth analysis of the global wool grease market.
452
This report provides an in-depth analysis of the wool grease market in Indonesia.
1055
This report provides an in-depth analysis of the global wool grease market.
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