Thailand - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWool Grease Price in Thailand - 2023
Contents:
- Wool Grease Price in Thailand (CIF) - 2023
- Wool Grease Price in Thailand (FOB) - 2022
- Wool Grease Imports in Thailand
- Wool Grease Exports in Thailand
Wool Grease Price in Thailand (CIF) - 2023
The average wool grease import price stood at $11,270 per ton in September 2023, which is down by -7.3% against the previous month. In general, the import price, however, continues to indicate a pronounced increase. The most prominent rate of growth was recorded in May 2023 an increase of 242% month-to-month. Over the period under review, average import prices hit record highs at $22,515 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($16,610 per ton), while the price for India ($9,206 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool Grease Price in Thailand (FOB) - 2022
In 2022, the average wool grease export price amounted to $17,925 per ton, picking up by 103% against the previous year. Overall, the export price saw a notable expansion. The pace of growth was the most pronounced in 2017 an increase of 522% against the previous year. The export price peaked at $29,686 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($101,938 per ton), while the average price for exports to Pakistan ($9,247 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 Malaysia (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wool Grease Imports in Thailand
In 2022, supplies from abroad of wool grease and fatty substances increased by 14% to 248 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable decrease.
In value terms, wool grease imports surged to $2.5M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern 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 Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 294 | 310 | 402 | 644 | 29.9% |
| Australia | 405 | 500 | 552 | 620 | 15.3% |
| India | N/A | 233 | 349 | 297 | 12.9% |
| United Kingdom | 135 | 144 | 171 | 250 | 22.8% |
| China | 486 | 295 | 159 | 218 | -23.5% |
| France | 52.0 | N/A | 112 | 188 | 53.5% |
| Belgium | 76.2 | 180 | 94.2 | 168 | 30.2% |
| Singapore | 551 | 1.8 | 3.3 | N/A | -92.3% |
| Others | 120 | 156 | 130 | 105 | -4.4% |
| Total | 2,118 | 1,820 | 1,973 | 2,490 | 5.5% |
Top Suppliers of Wool Grease to Thailand in 2022:
- Australia (81.5 tons)
- Germany (53.9 tons)
- India (32.0 tons)
- China (29.7 tons)
- United Kingdom (16.0 tons)
- France (15.1 tons)
- Belgium (9.5 tons)
Wool Grease Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas shipments of wool grease and fatty substances, which increased by 79% to 12 tons in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 145%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wool grease exports surged to $207K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wool Grease in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | 35.1 | 83.8 | 138.7% |
| Singapore | N/A | N/A | N/A | 52.4 | 0% |
| Indonesia | N/A | N/A | N/A | 18.0 | 0% |
| Malaysia | 19.9 | 26.8 | 20.4 | 17.1 | -4.9% |
| Others | 3.3 | 3.5 | 1.1 | 35.5 | 120.8% |
| Total | 23.3 | 30.2 | 56.6 | 207 | 107.1% |
Top Export Markets for Wool Grease from Thailand in 2022:
- Pakistan (9.1 tons)
- Malaysia (1.4 tons)
- Singapore (0.5 tons)
- Indonesia (0.3 tons)
This report provides an in-depth analysis of the wool grease market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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 Thailand.
1053
This report provides an in-depth analysis of the global wool grease market.
547
This report provides an in-depth analysis of the wool grease market in Thailand.
1053
This report provides an in-depth analysis of the global wool grease market.
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