Report Update Apr 1, 2024

Saudi Arabia - Wool Grease and Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Saudi Arabia: Wool Grease Market 2024

Wool Grease Market Size in Saudi Arabia

The Saudi wool grease market contracted slightly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, saw a abrupt decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Wool Grease Production in Saudi Arabia

In value terms, wool grease production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decrease. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Wool Grease Exports

Exports from Saudi Arabia

In 2017, wool grease exports from Saudi Arabia stood at X kg, stabilizing at the year before. Over the period under review, exports posted a significant expansion. The smallest decline of X% was in 2016. Over the period under review, the exports attained the peak figure in 2017 and are likely to see steady growth in years to come.

In value terms, wool grease exports stood at $X in 2017. In general, exports continue to indicate a deep reduction. The smallest decline of X% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X tons), Bangladesh (X tons) and India (X tons) were the main destinations of wool grease exports from Saudi Arabia. Moreover, wool grease exports in Sri Lanka exceeded the figures recorded by the second-largest exporter, Bangladesh, ninefold.

From 2018 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Bangladesh ($X) and India ($X) were the largest markets for wool grease exported from Saudi Arabia worldwide. Moreover, wool grease exports in Sri Lanka exceeded the figures recorded by the second-largest exporter, Bangladesh, sixfold.

In terms of the main countries of destination, Sri Lanka, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wool grease export price stood at less than $X per ton in 2021, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wool Grease Imports

Imports into Saudi Arabia

Wool grease imports into Saudi Arabia soared to X tons in 2014, jumping by X% against 2013. Over the period under review, total imports indicated significant growth from 2012 to 2014: its volume increased at an average annual rate of X% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, imports increased by X% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wool grease imports surged to $X in 2014. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2014 and are likely to see steady growth in the immediate term.

Imports by Country

In 2014, the United States (X tons) constituted the largest wool grease supplier to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2012 to 2014, the average annual growth rate of volume from the United States stood at X%.

In value terms, the United States ($X) constituted the largest supplier of wool grease and fatty substances to Saudi Arabia.

From 2012 to 2014, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

In 2014, the average wool grease import price amounted to $X per ton, dropping by X% against the previous year. Over the last two years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then plummeted in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2014, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wool grease and fatty substances in the world?

The countries with the highest volumes of consumption in 2022 were Australia, New Zealand and Germany, with a combined 35% share of global consumption. Japan, the UK, China, the United States, the Czech Republic, Italy, Singapore, Uruguay, Argentina and Bulgaria lagged somewhat behind, together comprising a further 43%.

What are the largest producers of wool grease and fatty substances in the world?

The country with the largest volume of wool grease production was China, accounting for 37% of total volume. Moreover, wool grease production in China exceeded the figures recorded by the second-largest producer, Australia, twofold. The third position in this ranking was taken by New Zealand, with an 11% share.

What are the leading suppliers of wool grease and fatty substances to Saudi Arabia?

In value terms, the United States constituted the largest supplier of wool grease and fatty substances to Saudi Arabia.

What are the leading importers of wool grease and fatty substances from Saudi Arabia?

In value terms, Sri Lanka, Bangladesh and India were the largest markets for wool grease exported from Saudi Arabia worldwide. Moreover, wool grease exports in Sri Lanka exceeded the figures recorded by the second-largest exporter, Bangladesh, sixfold.

What is the average export price for wool grease and fatty substances in Saudi Arabia?

The average wool grease export price stood at less than $0.1 per ton in 2021, stabilizing at the previous year.

What is the average import price for wool grease and fatty substances in Saudi Arabia?

The average wool grease import price stood at $15,874 per ton in 2014, with a decrease of -16% against the previous year.

This report provides an in-depth analysis of the wool grease market in Saudi Arabia. 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 2030.

Product coverage:

FCL 994 - Wool Grease and Lanolin

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023