Latest Report Update: Nov 15, 2021

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

Wool Grease Market Size in Finland

The Finnish wool grease market shrank markedly 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). Overall, consumption showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Wool Grease Exports

Exports from Finland

Wool grease exports from Finland declined markedly to X kg in 2020, dropping by -X% compared with 2019 figures. In general, exports showed a dramatic descent. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, wool grease exports fell significantly to $X in 2020. Overall, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

Estonia (X kg) was the main destination for wool grease exports from Finland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia totaled -X%.

In value terms, Estonia ($X) also remains the key foreign market for wool grease exports from Finland.

From 2007 to 2020, the average annual growth rate of value to Estonia totaled -X%.

Export Prices by Country

The average wool grease export price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2007 to 2020, the rate of growth in terms of prices for Estonia amounted to -X% per year.

Wool Grease Imports

Imports into Finland

In 2020, approx. X tonnes of wool grease and fatty substances were imported into Finland; with a decrease of -X% against the previous year's figure. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, wool grease imports fell sharply to $X in 2020. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Belgium (X tonnes) constituted the largest wool grease supplier to Finland, with a X% share of total imports. Moreover, wool grease imports from Belgium exceeded the figures recorded by the second-largest supplier, Sweden (X kg), more than tenfold. The third position in this ranking was occupied by the UK (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Belgium amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the UK (-X% per year).

In value terms, Belgium ($X) constituted the largest supplier of wool grease to Finland, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Sweden (+X% per year).

Import Prices by Country

The average wool grease import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, 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?
+
The country with the largest volume of greasy wool consumption was China (523K tonnes), comprising approx. 29% of total volume. Moreover, greasy wool consumption in China exceeded the figures recorded by the second-largest consumer, New Zealand (87K tonnes), sixfold. Australia (82K tonnes) ranked third in terms of total consumption 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), with a combined 40% share 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 Finland?
+
In value terms, Sweden ($77) constituted the largest supplier of greasy wool to Finland, comprising 73% of total imports. The second position in the ranking was occupied by Austria ($28), with a 27% share of total imports.
What are the leading importers of greasy wool from Finland?
+
In value terms, China ($57) emerged as the key foreign market for greasy wool exports from Finland, comprising 42% of total exports. The second position in the ranking was occupied by Norway ($22), with a 16% share of total exports. It was followed by Switzerland, with a 16% share.
What is the average export price for greasy wool in Finland?
+
In 2020, the average greasy wool export price amounted to $19,286 per tonne, jumping by 1,986% against the previous year.
What is the average import price for greasy wool in Finland?
+
The average greasy wool import price stood at $1,167 per tonne in 2020, waning by -71.5% 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 Finland. 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:
• Finland

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