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

Wool Grease Market Size in Malaysia

In 2020, the Malaysian wool grease market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption showed a perceptible contraction. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Wool grease consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Wool Grease Production in Malaysia

In value terms, wool grease production stood at $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a perceptible slump. The growth pace was the most rapid in 2018 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Wool Grease Exports

Exports from Malaysia

In 2020, overseas shipments of wool grease and fatty substances decreased by -X% to X tonnes, falling for the fifth year in a row after four years of growth. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, wool grease exports contracted remarkably to $X in 2020. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Japan (X tonnes), Uruguay (X tonnes) and Viet Nam (X tonnes) were the main destinations of wool grease exports from Malaysia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay, while exports for the other leaders experienced mixed trend patterns.

In value terms, Uruguay ($X), Japan ($X) and Viet Nam ($X) were the largest markets for wool grease exported from Malaysia worldwide, together comprising X% of total exports.

Uruguay saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average wool grease export price amounted to $X per tonne, reducing by -X% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay, while the prices for the other major destinations experienced mixed trend patterns.

Wool Grease Imports

Imports into Malaysia

In 2020, the amount of wool grease and fatty substances imported into Malaysia declined notably to X tonnes, shrinking by -X% against the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, wool grease imports dropped rapidly to $X in 2020. In general, imports, however, showed mild growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of wool grease to Malaysia, accounting for a X% share of total imports. Moreover, wool grease imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), fourfold. 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 China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and the UK (+X% per year).

In value terms, the largest wool grease suppliers to Malaysia were China ($X), Thailand ($X) and the UK ($X), together accounting for X% of total imports.

Thailand (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wool grease import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, 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) constituted the country with the largest volume of greasy wool consumption, 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. 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), with a combined 40% share of global production. These countries were followed by the UK, Turkey, Morocco, Sudan, South Africa, Russia, Iran, Pakistan, Turkmenistan and Argentina, which together accounted for a further 29%.
What are the leading suppliers of greasy wool to Malaysia?
+
In value terms, Australia ($1.6M) constituted the largest supplier of greasy wool to Malaysia, comprising 63% of total imports. The second position in the ranking was occupied by Germany ($502K), with a 20% share of total imports. It was followed by Peru, with a 5.4% share.
What are the leading importers of greasy wool from Malaysia?
+
In value terms, India ($559K) remains the key foreign market for greasy wool exports from Malaysia, comprising 88% of total exports. The second position in the ranking was occupied by Mauritius ($74K), with a 12% share of total exports.
What is the average export price for greasy wool in Malaysia?
+
The average greasy wool export price stood at $2,598 per tonne in 2020, declining by -16.7% against the previous year.
What is the average import price for greasy wool in Malaysia?
+
In 2020, the average greasy wool import price amounted to $3,567 per tonne, declining by -34.6% 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 Malaysia. 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:
• Malaysia

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