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Malaysia - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Greasy Wool Market Overview 2021

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Greasy Wool Market Size in Malaysia

The Malaysian greasy wool market was estimated at $X in 2018, stabilizing at the previous year. Overall, consumption continues to indicate a deep setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2018, consumption failed to regain the momentum.

Greasy Wool Production in Malaysia

In value terms, greasy wool production contracted dramatically to $X in 2019 estimated in export prices. In general, production, however, showed perceptible growth. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Greasy wool production peaked at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

In 2019, the average yield of greasy wool in Malaysia stood at X kg per head, approximately mirroring 2018 figures. Overall, the yield continues to indicate a relatively flat trend pattern.

In 2019, the number of animals slaughtered for greasy wool production in Malaysia stood at X head, stabilizing at the year before. Overall, the number of producing animals continues to indicate a relatively flat trend pattern.

Greasy Wool Exports

Exports from Malaysia

In 2019, the amount of greasy wool exported from Malaysia declined rapidly to X tonnes, reducing by -X% on 2018 figures. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, greasy wool exports fell markedly to $X in 2019. In general, exports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for greasy wool exports from Malaysia, with a X% share of total exports. Moreover, greasy wool exports to Singapore exceeded the volume sent to the second major destination, Viet Nam (X tonnes), more than tenfold. Iraq (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Singapore totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Iraq (-X% per year).

In value terms, Singapore ($X) remains the key foreign market for greasy wool exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Singapore totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (-X% per year) and Iraq (-X% per year).

Export Prices by Country

In 2019, the average greasy wool export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2013 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced a decline.

Greasy Wool Imports

Imports into Malaysia

In 2019, approx. X tonnes of greasy wool were imported into Malaysia; with a decrease of -X% compared with 2018 figures. In general, total imports indicated a moderate increase from 2007 to 2019: its volume increased 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. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2013 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, greasy wool imports skyrocketed to $X in 2019. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports remained at a lower figure.

Imports by Country

Singapore (X tonnes), China (X tonnes) and Japan (X tonnes) were the main suppliers of greasy wool imports to Malaysia, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest greasy wool suppliers to Malaysia were Singapore ($X), Japan ($X) and China ($X), with a combined X% share of total imports.

China recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average greasy wool import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, greasy wool import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

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 2019, the most notable rate of growth in terms of prices was attained by Japan, 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 greasy wool in the world?
+
The countries with the highest volumes of greasy wool consumption in 2019 were Australia (4.2K tonnes), Japan (3.4K tonnes) and Germany (3.2K tonnes), with a combined 40% share of global consumption. These countries were followed by China, New Zealand, the U.S., Canada, the UK, the Netherlands, Brazil, France, Argentina and Uruguay, which together accounted for a further 40%.
What are the largest producers of greasy wool in the world?
+
The country with the largest volume of greasy wool production was China (14K tonnes), comprising approx. 50% of total volume. Moreover, greasy wool production in China exceeded the figures recorded by the second-largest producer, Australia (5.1K tonnes), threefold. The third position in this ranking was occupied by New Zealand (3.2K tonnes), with a 11% share.
What are the leading suppliers of greasy wool to Malaysia?
+
In value terms, the largest greasy wool suppliers to Malaysia were Singapore ($142K), Japan ($86K) and China ($23K), with a combined 90% share of total imports.
What are the leading importers of greasy wool from Malaysia?
+
In value terms, Singapore ($181K) remains the key foreign market for greasy wool exports from Malaysia, comprising 78% of total exports. The second position in the ranking was occupied by Viet Nam ($17K), with a 7.3% share of total exports. It was followed by Iraq, with a 6.1% share.
What is the average export price for greasy wool in Malaysia?
+
In 2019, the average greasy wool export price amounted to $3,271 per tonne, approximately equating the previous year.
What is the average import price for greasy wool in Malaysia?
+
The average greasy wool import price stood at $11,045 per tonne in 2019, picking up by 28% against the previous year.

Product coverage:
• FCL 994 - Wool Grease and Lanolin

This report provides an in-depth analysis of the greasy wool 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

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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