Report Update Apr 1, 2024

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

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Dominican Republic: Wool Grease Market 2024

Wool Grease Market Size in the Dominican Republic

The Dominican wool grease market declined significantly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Wool Grease Production in the Dominican Republic

In value terms, wool grease production amounted to $X in 2022 estimated in export price. Overall, production showed a precipitous decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Wool Grease Exports

Exports from the Dominican Republic

In 2018, exports of wool grease and fatty substances from the Dominican Republic soared to X tons, jumping by X% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wool grease exports skyrocketed to $X in 2018. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Trinidad and Tobago (X tons), Haiti (X tons) and Barbados (X tons) were the main destinations of wool grease exports from the Dominican Republic, together accounting for X% of total exports. The United States, Guyana, Suriname and Dominica lagged somewhat behind, together comprising a further X%.

From 2016 to 2018, the biggest increases were recorded for the United States (with a CAGR of X.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Trinidad and Tobago ($X), Haiti ($X) and Barbados ($X) constituted the largest markets for wool grease exported from the Dominican Republic worldwide, together comprising X% of total exports. The United States, Guyana, Suriname and Dominica lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average wool grease export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a deep setback. The export price peaked at $X per ton in 2016; however, from 2017 to 2018, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2018, amid the top suppliers, the countries with the highest prices were Barbados ($X per ton) and Dominica ($X per ton), while the average price for exports to Guyana ($X per ton) and Suriname ($X per ton) were amongst the lowest.

From 2016 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wool Grease Imports

Imports into the Dominican Republic

Wool grease imports into the Dominican Republic contracted remarkably to X tons in 2022, waning by X% against the previous year's figure. Overall, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, wool grease imports dropped significantly to $X in 2022. In general, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Brazil (X tons) and Belgium (X kg) were the main suppliers of wool grease imports to the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X), China ($X) and Belgium ($X) appeared to be the largest wool grease suppliers to the Dominican Republic.

Brazil, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average wool grease import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), 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 wool grease and fatty substances in the world?

The countries with the highest volumes of consumption in 2022 were Australia, New Zealand and Germany, together accounting for 35% of global consumption. Japan, the UK, China, the United States, the Czech Republic, Italy, Singapore, Uruguay, Argentina and Bulgaria lagged somewhat behind, together accounting for a further 43%.

What are the largest producers of wool grease and fatty substances in the world?

China remains the largest wool grease producing country worldwide, accounting for 37% of total volume. Moreover, wool grease production in China exceeded the figures recorded by the second-largest producer, Australia, twofold. New Zealand ranked third in terms of total production with an 11% share.

What are the leading suppliers of wool grease and fatty substances to the Dominican Republic?

In value terms, the largest wool grease suppliers to the Dominican Republic were Brazil, China and Belgium.

What are the leading importers of wool grease and fatty substances from the Dominican Republic?

In value terms, the largest markets for wool grease exported from the Dominican Republic were Trinidad and Tobago, Haiti and Barbados, together accounting for 65% of total exports. The United States, Guyana, Suriname and Dominica lagged somewhat behind, together accounting for a further 32%.

What is the average export price for wool grease and fatty substances in the Dominican Republic?

The average wool grease export price stood at $1,047 per ton in 2018, surging by 5.4% against the previous year.

What is the average import price for wool grease and fatty substances in the Dominican Republic?

The average wool grease import price stood at $9,136 per ton in 2022, growing by 18% against the previous year.

This report provides an in-depth analysis of the wool grease market in the Dominican 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:

Dominican 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 Dominican 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