Report Update: Apr 1, 2024

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

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Wool Grease Price in the Czech Republic - 2023

Wool Grease Price in the Czech Republic (FOB) - 2023

In August 2023, the average wool grease export price amounted to $6,677 per ton, with a decrease of -10.1% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 170% against the previous month. As a result, the export price reached the peak level of $16,899 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Germany ($7,125 per ton), while the average price for exports to the Netherlands totaled $5,742 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wool Grease Price in the Czech Republic (CIF) - 2022

In 2022, the average wool grease import price amounted to $12,686 per ton, picking up by 1.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, average import prices reached the peak figure at $15,551 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($16,051 per ton), while the price for France ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Wool Grease Exports in the Czech Republic

In 2022, approx. 1.2K tons of wool grease and fatty substances were exported from the Czech Republic; shrinking by -50.9% on the previous year. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by 152%. As a result, the exports reached the peak of 2.4K tons, and then dropped remarkably in the following year.

In value terms, wool grease exports shrank significantly to $6.7M in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 214%. As a result, the exports attained the peak of $12M, and then declined markedly in the following year.

Export of Wool Grease in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.2	2.4	6.0	3.8	5.9%
United Kingdom	N/A	0.3	2.0	1.0	82.6%
Uruguay	N/A	0.1	1.5	0.9	200.0%
India	N/A	0.3	1.1	0.5	29.1%
Belgium	0.8	0.3	N/A	0.3	-27.9%
South Africa	N/A	N/A	0.7	N/A	0%
Others	0.4	0.3	0.2	0.3	-9.1%
Total	4.3	3.7	11.6	6.7	15.9%

Top Export Markets for Wool Grease from the Czech Republic in 2022:

Germany (666.8 tons)
United Kingdom (184.2 tons)
Uruguay (161.2 tons)
India (92.1 tons)
Belgium (47.9 tons)

Wool Grease Imports in the Czech Republic

In 2022, after two years of decline, there was significant growth in supplies from abroad of wool grease and fatty substances, when their volume increased by 26% to 66 tons. Over the period under review, imports, however, showed a deep contraction.

In value terms, wool grease imports soared to $834K in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wool Grease in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	605	388	496	579	-1.5%
Germany	58.3	134	44.3	127	29.6%
Poland	29.4	30.9	50.6	46.4	16.4%
China	7.8	24.6	33.6	43.3	77.1%
Others	26.9	60.5	25.1	38.3	12.5%
Total	727	638	650	834	4.7%

Top Suppliers of Wool Grease to the Czech Republic in 2022:

Belgium (43.6 tons)
Germany (11.4 tons)
Poland (4.0 tons)
China (2.7 tons)

Source: IndexBox Market Intelligence Platform

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

Czech Republic

Data coverage:

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