Latest Report Update: Nov 15, 2021

Canada - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Wool Grease Market Overview 2021

Wool Grease Market Size in Canada

The Canadian wool grease market reduced to $X in 2020, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Wool grease consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Wool Grease Exports

Exports from Canada

In 2020, approx. X tonnes of wool grease and fatty substances were exported from Canada; with a decrease of -X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, wool grease exports contracted sharply to $X in 2020. In general, exports, however, recorded prominent growth. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for wool grease exports from Canada, accounting for a X% share of total exports. Moreover, wool grease exports to the U.S. exceeded the volume sent to the second major destination, Thailand (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. amounted to +X%.

In value terms, the U.S. ($X) and Thailand ($X) appeared to be the largest markets for wool grease exported from Canada worldwide.

In terms of the main countries of destination, Thailand recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average wool grease export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Thailand ($X per tonne), while the average price for exports to the U.S. totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand.

Wool Grease Imports

Imports into Canada

In 2020, the amount of wool grease and fatty substances imported into Canada declined markedly to X tonnes, waning by -X% on 2019. Overall, imports, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, wool grease imports expanded sharply to $X in 2020. Over the period under review, imports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of wool grease to Canada, accounting for a X% share of total imports. Moreover, wool grease imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X tonnes), more than tenfold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (-X% per year).

In value terms, the U.S. ($X), the UK ($X) and China ($X) appeared to be the largest wool grease suppliers to Canada, together accounting for X% of total imports. These countries were followed by New Zealand and Brazil, which together accounted for a further X Zealand saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wool grease import price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per tonne in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for greasy wool in the world?
+
China (523K tonnes) remains the largest greasy wool consuming country worldwide, accounting for 29% of total volume. Moreover, greasy wool consumption in China exceeded the figures recorded by the second-largest consumer, New Zealand (87K tonnes), sixfold. The third position in this ranking was occupied by Australia (82K tonnes), with a 4.5% share.
What are the largest producers of greasy wool in the world?
+
The countries with the highest volumes of greasy wool production in 2020 were China (339K tonnes), Australia (324K tonnes) and New Zealand (116K tonnes), together accounting for 40% of global production. The UK, Turkey, Morocco, Sudan, South Africa, Russia, Iran, Pakistan, Turkmenistan and Argentina lagged somewhat behind, together accounting for a further 29%.
What are the leading suppliers of greasy wool to Canada?
+
In value terms, the U.S. ($5.6K) constituted the largest supplier of greasy wool to Canada, comprising 88% of total imports. The second position in the ranking was occupied by China ($439), with a 7% share of total imports.
What are the leading importers of greasy wool from Canada?
+
In value terms, the U.S. ($625K) emerged as the key foreign market for greasy wool exports from Canada, comprising 78% of total exports. The second position in the ranking was occupied by the Czech Republic ($95K), with a 12% share of total exports. It was followed by Uruguay, with a 3.7% share.
What is the average export price for greasy wool in Canada?
+
In 2020, the average greasy wool export price amounted to $2,877 per tonne, growing by 67% against the previous year.
What is the average import price for greasy wool in Canada?
+
The average greasy wool import price stood at $5,478 per tonne in 2020, jumping by 15% against the previous year.

Product coverage:
• Prodcom 13101000 - Wool grease and fatty substances derived therefrom, i ncluding lanolin

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• 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

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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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