Report Update: May 1, 2024

Israel - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights

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Wool Grease Price in Israel - 2023

Wool Grease Price in Israel (CIF) - 2022

The average wool grease import price stood at $10,466 per ton in 2022, picking up by 16% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $13,683 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($10,468 per ton) and the United States ($10,466 per ton), while the price for the UK ($10,465 per ton) and Japan ($10,465 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Wool Grease Price in Israel (FOB) - 2022

The average wool grease export price stood at $12,711 per ton in 2022, picking up by 9% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The pace of growth was the most pronounced in 2016 an increase of 24%. Over the period under review, the average export prices reached the peak figure at $14,012 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($12,717 per ton) and Australia ($12,712 per ton), while the average price for exports to China ($12,706 per ton) and the United States ($12,711 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wool Grease Imports in Israel

In 2022, overseas purchases of wool grease and fatty substances decreased by -10.9% to 95 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 decreased by -24.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. As a result, imports reached the peak of 125 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wool grease imports rose slightly to $993K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +69.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 37%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Wool Grease in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	112	405	263	478	62.2%
Germany	53.0	78.0	81.0	225	61.9%
Japan	261	197	224	121	-22.6%
Belgium	117	116	136	120	0.8%
United States	N/A	N/A	N/A	31.0	0%
Czech Republic	N/A	N/A	N/A	17.0	0%
New Zealand	N/A	N/A	230	N/A	0%
China	44.0	6.0	21.0	N/A	-30.9%
Others	N/A	5.0	3.0	1.0	-55.3%
Total	587	807	958	993	19.2%

Top Suppliers of Wool Grease to Israel in 2022:

United Kingdom (45.7 tons)
Germany (21.5 tons)
Japan (11.6 tons)
Belgium (11.5 tons)
United States (3.0 tons)
Czech Republic (1.6 tons)

Wool Grease Exports in Israel

In 2022, overseas shipments of wool grease and fatty substances decreased by -28.7% to 17 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 62% against the previous year. As a result, the exports reached the peak of 39 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, wool grease exports shrank significantly to $210K in 2022. Overall, exports showed a noticeable contraction. The growth pace was the most rapid in 2020 when exports increased by 59%. As a result, the exports attained the peak of $382K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Wool Grease in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	169	228	25.0	120	-10.8%
France	N/A	N/A	27.0	57.0	111.1%
Australia	13.0	6.0	6.0	12.0	-2.6%
United Kingdom	N/A	N/A	N/A	11.0	0%
China	51.0	59.0	96.0	10.0	-41.9%
Belgium	N/A	51.0	102	N/A	100.0%
Canada	N/A	20.0	N/A	N/A	0%
Others	7.0	18.0	14.0	N/A	41.4%
Total	240	382	270	210	-4.4%

Top Export Markets for Wool Grease from Israel in 2022:

United States (9.4 tons)
France (4.5 tons)
United Kingdom (0.9 tons)
Australia (0.9 tons)
China (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wool grease market in Israel. 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:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023