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India - Wool Grease - Market Analysis, Forecast, Size, Trends and Insights
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India: Wool Grease Market Overview 2021

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Wool Grease Market Size in India

In 2019, after two years of growth, there was significant decline in the Indian wool grease market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Wool Grease Production in India

In value terms, wool grease production skyrocketed to $X in 2019 estimated in export prices. In general, production recorded a remarkable increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of wool grease in India stood at X kg per head in 2019, remaining relatively unchanged against 2018. Over the period under review, the yield recorded a relatively flat trend pattern.

In 2019, number of animals slaughtered for wool grease production in India stood at X head, therefore, remained relatively stable against the previous year's figure. Over the period under review, the number of producing animals recorded a relatively flat trend pattern.

Wool Grease Exports

Exports from India

In 2019, wool grease exports from India dropped dramatically to X tonnes, shrinking by -X% against 2018. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, wool grease exports contracted notably to $X in 2019. In general, exports posted a pronounced expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

Egypt (X tonnes) was the main destination for wool grease exports from India, with a X% share of total exports. Moreover, wool grease exports to Egypt exceeded the volume sent to the second major destination, Russia (X tonnes), eightfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Egypt amounted to -X%.

In value terms, Egypt ($X) remains the key foreign market for wool grease exports from India, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Egypt stood at +X%.

Export Prices by Country

The average wool grease export price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was Egypt ($X per tonne), while the average price for exports to Russia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Egypt.

Wool Grease Imports

Imports into India

In 2019, approx. X tonnes of wool grease were imported into India; falling by -X% compared with 2018. In general, imports showed a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, wool grease imports fell remarkably to $X in 2019. Overall, total imports indicated modest growth from 2007 to 2019: its value decreased 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 pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Australia (X tonnes) constituted the largest wool grease supplier to India, accounting for a X% share of total imports. Moreover, wool grease imports from Australia exceeded the figures recorded by the second-largest supplier, South Africa (X tonnes), fourfold. Algeria (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 Australia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Algeria (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of wool grease to India, comprising X% of total imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and New Zealand (-X% per year).

Import Prices by Country

In 2019, the average wool grease import price amounted to $X per tonne, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Algeria, 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 wool grease in the world?
+
The countries with the highest volumes of wool grease consumption in 2019 were Australia (803K tonnes), China (688K tonnes) and South Africa (208K tonnes), with a combined 58% share of global consumption.
What are the largest producers of wool grease in the world?
+
The country with the largest volume of wool grease production was Australia (1.2M tonnes), accounting for 36% of total volume. Moreover, wool grease production in Australia exceeded the figures recorded by the second-largest producer, South Africa (572K tonnes), twofold. China (422K tonnes) ranked third in terms of total production with a 12% share.
What are the leading suppliers of wool grease to India?
+
In value terms, Australia ($222M) constituted the largest supplier of wool grease to India, comprising 72% of total imports. The second position in the ranking was occupied by South Africa ($33M), with a 11% share of total imports. It was followed by New Zealand, with a 2.1% share.
What are the leading importers of wool grease from India?
+
In value terms, Egypt ($957K) remains the key foreign market for wool grease exports from India, comprising 91% of total exports. The second position in the ranking was occupied by Russia ($82K), with a 7.8% share of total exports.
What is the average export price for wool grease in India?
+
The average wool grease export price stood at $4,622 per tonne in 2019, picking up by 23% against the previous year.
What is the average import price for wool grease in India?
+
In 2019, the average wool grease import price amounted to $4,946 per tonne, rising by 3.1% against the previous year.

Product coverage:
• FCL 987 - Wool, Greasy

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

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