EU: Greasy Wool Market 2024

Greasy Wool Market Size in the EU

In 2022, the EU greasy wool market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Greasy Wool Production in the EU

In value terms, greasy wool production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Greasy Wool Exports

Exports in the EU

In 2022, approx. X tons of greasy wool were exported in the European Union; declining by X% on the year before. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, greasy wool exports shrank to $X in 2022. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2015 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons), distantly followed by Romania (X tons), Italy (X tons), Ireland (X tons), France (X tons), Belgium (X tons) and Portugal (X tons) were the main exporters of greasy wool, together generating X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ireland (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Spain ($X) remains the largest greasy wool supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Ireland, with an X% share.

In Spain, greasy wool exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Ireland (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced a decline in the export price figures.

Greasy Wool Imports

Imports in the EU

In 2022, the amount of greasy wool imported in the European Union shrank to X tons, leveling off at 2021. In general, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, greasy wool imports soared to $X in 2022. Overall, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) was the main importer of greasy wool, making up X% of total imports. It was distantly followed by Italy (X tons), Bulgaria (X tons) and Belgium (X tons), together constituting a X% share of total imports. Portugal (X tons), Spain (X tons) and Germany (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest greasy wool importing markets in the European Union were Italy ($X), the Czech Republic ($X) and Bulgaria ($X), together comprising X% of total imports.

Among the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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