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Australia - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Greasy Wool Market Overview 2021

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Greasy Wool Market Size in Australia

The Australian greasy wool market totaled $X in 2019, increasing by X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Greasy wool consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Greasy Wool Production in Australia

In value terms, greasy wool production reduced to $X in 2019 estimated in export prices. Overall, the total production indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

The average yield of greasy wool in Australia was estimated at X kg per head in 2019, therefore, remained relatively stable against the previous year. In general, the yield saw a relatively flat trend pattern.

In 2019, approx. X head of animals slaughtered for greasy wool production in Australia; flattening at the previous year. Over the period under review, the number of producing animals saw a relatively flat trend pattern.

Greasy Wool Exports

Exports from Australia

In 2019, approx. X tonnes of greasy wool were exported from Australia; which is down by -X% against the previous year's figure. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, greasy wool exports shrank notably to $X in 2019. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

Exports by Country

Japan (X tonnes) was the main destination for greasy wool exports from Australia, accounting for a X% share of total exports. Moreover, greasy wool exports to Japan exceeded the volume sent to the second major destination, the UK (X tonnes), threefold. Thailand (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Japan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Thailand (+X% per year).

In value terms, Japan ($X) remains the key foreign market for greasy wool exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Thailand (+X% per year).

Export Prices by Country

The average greasy wool export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Greasy Wool Imports

Imports into Australia

Greasy wool imports into Australia declined to X tonnes in 2019, with a decrease of -X% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, greasy wool imports fell rapidly to $X in 2019. Overall, imports, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, China (X tonnes) constituted the largest greasy wool supplier to Australia, with a X% share of total imports. Moreover, greasy wool imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), fivefold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-X% per year) and the UK (-X% per year).

In value terms, China ($X) constituted the largest supplier of greasy wool to Australia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Singapore (+X% per year).

Import Prices by Country

The average greasy wool import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, import price indicated a moderate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for greasy wool in the world?
+
The countries with the highest volumes of greasy wool consumption in 2019 were Australia (4.2K tonnes), Japan (3.4K tonnes) and Germany (3.2K tonnes), with a combined 40% share of global consumption. These countries were followed by China, New Zealand, the U.S., Canada, the UK, the Netherlands, Brazil, France, Argentina and Uruguay, which together accounted for a further 40%.
What are the largest producers of greasy wool in the world?
+
The country with the largest volume of greasy wool production was China (14K tonnes), comprising approx. 50% of total volume. Moreover, greasy wool production in China exceeded the figures recorded by the second-largest producer, Australia (5.1K tonnes), threefold. The third position in this ranking was occupied by New Zealand (3.2K tonnes), with a 11% share.
What are the leading suppliers of greasy wool to Australia?
+
In value terms, China ($866K) constituted the largest supplier of greasy wool to Australia, comprising 45% of total imports. The second position in the ranking was occupied by Japan ($404K), with a 21% share of total imports. It was followed by Singapore, with a 14% share.
What are the leading importers of greasy wool from Australia?
+
In value terms, Japan ($2.2M) remains the key foreign market for greasy wool exports from Australia, comprising 44% of total exports. The second position in the ranking was occupied by the UK ($595K), with a 12% share of total exports. It was followed by Thailand, with a 11% share.
What is the average export price for greasy wool in Australia?
+
The average greasy wool export price stood at $4,073 per tonne in 2019, falling by -13.3% against the previous year.
What is the average import price for greasy wool in Australia?
+
The average greasy wool import price stood at $6,951 per tonne in 2019, which is down by -12.4% against the previous year.

Product coverage:
• FCL 994 - Wool Grease and Lanolin

This report provides an in-depth analysis of the greasy wool market in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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