Norway - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWool Grease Price in Norway - 2023
Contents:
- Wool Grease Price in Norway (CIF) - 2022
- Wool Grease Price in Norway (FOB) - 2022
- Wool Grease Imports in Norway
- Wool Grease Exports in Norway
Wool Grease Price in Norway (CIF) - 2022
In 2022, the average wool grease import price amounted to $6,879 per ton, with an increase of 120% against the previous year. Overall, the import price recorded temperate growth. The import price peaked at $12,379 per ton in 2017; however, from 2018 to 2022, 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 Sweden ($15,960 per ton), while the price for the Netherlands ($4,145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool Grease Price in Norway (FOB) - 2022
The average wool grease export price stood at $13,283 per ton in 2022, dropping by -33.8% against the previous year. In general, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 104%. The export price peaked at $29,653 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($176,000 per ton), while the average price for exports to Finland ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+125.0%), while the prices for the other major destinations experienced a decline.
Wool Grease Imports in Norway
After three years of growth, supplies from abroad of wool grease and fatty substances decreased by -33% to 30 tons in 2022. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 66%.
In value terms, wool grease imports skyrocketed to $206K 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 +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wool Grease in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.9 | 2.7 | 2.9 | 66.8 | 227.6% |
| Sweden | 0.5 | 0.4 | 6.9 | 48.4 | 359.2% |
| Belgium | 3.1 | 3.5 | 8.6 | 46.1 | 145.9% |
| Germany | 2.5 | 12.6 | 11.1 | 25.5 | 116.9% |
| France | 2.0 | 1.2 | N/A | 15.7 | 98.7% |
| United Kingdom | 44.3 | 28.5 | 17.3 | N/A | -37.5% |
| United States | 57.6 | 56.4 | 42.5 | N/A | -14.1% |
| Others | 35.9 | 49.5 | 50.2 | 3.5 | -54.0% |
| Total | 148 | 155 | 140 | 206 | 11.7% |
Top Suppliers of Wool Grease to Norway in 2022:
- Netherlands (16.1 tons)
- Belgium (6.5 tons)
- Germany (3.1 tons)
- Sweden (3.0 tons)
- France (1.0 tons)
Wool Grease Exports in Norway
For the fourth year in a row, Norway recorded growth in overseas shipments of wool grease and fatty substances, which increased by 13% to 60 kg in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 130%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, wool grease exports declined sharply to $797 in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of $1.1K, and then contracted significantly in the following year.
| Export of Wool Grease in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 104 | 112 | 326 | 384 | 54.6% |
| Brazil | N/A | N/A | 598 | 176 | -70.6% |
| Denmark | 150 | 80.0 | 115 | 39.0 | -36.2% |
| Sweden | 5.0 | 4.0 | 11.0 | 11.0 | 30.1% |
| Finland | 1.0 | 1.0 | 3.0 | 3.0 | 44.2% |
| United Kingdom | N/A | 303 | N/A | N/A | 0% |
| Others | 6.0 | 32.0 | 11.0 | 184 | 213.0% |
| Total | 266 | 532 | 1,064 | 797 | 44.2% |
Top Export Markets for Wool Grease from Norway in 2022:
- Netherlands (55.0 kg)
- Brazil (1.0 kg)
- Denmark (1.0 kg)
- Finland (1.0 kg)
- Sweden (1.0 kg)
This report provides an in-depth analysis of the wool grease market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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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This report provides an in-depth analysis of the wool grease market in Norway.
1053
This report provides an in-depth analysis of the global wool grease market.
533
This report provides an in-depth analysis of the wool grease market in Norway.
1053
This report provides an in-depth analysis of the global wool grease market.
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