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

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Greasy Wool Market Size in Thailand

In 2019, the Thai greasy wool market decreased by -X% to $X, falling for the fifth consecutive year after five years of growth. Overall, the total consumption indicated a mild expansion 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. Based on 2019 figures, consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Greasy wool consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Greasy Wool Exports

Exports from Thailand

In 2019, overseas shipments of greasy wool increased by X% to X tonnes, rising for the fifth year in a row after three years of decline. Over the period under review, exports saw a modest expansion. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, greasy wool exports surged to $X in 2019. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia (X tonnes) was the main destination for greasy wool exports from Thailand, accounting for a X% share of total exports. Moreover, greasy wool exports to Malaysia exceeded the volume sent to the second major destination, the Philippines (X kg), ninefold.

From 2007 to 2019, the average annual growth rate of volume to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-X% per year) and the United Arab Emirates (+X% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for greasy wool exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Malaysia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

The average greasy wool export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs 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 the United Arab Emirates ($X per tonne), while the average price for exports to Malaysia ($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 the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Greasy Wool Imports

Imports into Thailand

In 2019, purchases abroad of greasy wool decreased by -X% to X tonnes, falling for the second year in a row after six years of growth. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, greasy wool imports contracted sharply to $X in 2019. Over the period under review, imports continue to indicate temperate growth. The most prominent rate of growth was recorded 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

China (X tonnes), Singapore (X tonnes) and Australia (X tonnes) were the main suppliers of greasy wool imports to Thailand, together accounting for X% of total imports. These countries were followed by Germany, the UK, Japan and Canada, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China ($X) and Australia ($X) were the largest greasy wool suppliers to Thailand, with a combined X% share of total imports. These countries were followed by Germany, the UK, Canada and Japan, which together accounted for a further X terms of the main suppliers, Canada (+X% per year) recorded the highest growth rate of the value of imports, 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, shrinking by -X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2007 to 2019: its price 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, greasy wool import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Canada ($X per tonne) and the UK ($X per tonne), while the price for China ($X per tonne) and Australia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, 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?
+
China (14K tonnes) constituted the country with the largest volume of greasy wool production, accounting for 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 Thailand?
+
In value terms, Singapore ($499K), China ($441K) and Australia ($367K) constituted the largest greasy wool suppliers to Thailand, together comprising 62% of total imports. These countries were followed by Germany, the UK, Canada and Japan, which together accounted for a further 27%.
What are the leading importers of greasy wool from Thailand?
+
In value terms, Malaysia ($17K) emerged as the key foreign market for greasy wool exports from Thailand, comprising 74% of total exports. The second position in the ranking was occupied by the Philippines ($3.3K), with a 14% share of total exports.
What is the average export price for greasy wool in Thailand?
+
The average greasy wool export price stood at $11,085 per tonne in 2019, with an increase of 5% against the previous year.
What is the average import price for greasy wool in Thailand?
+
In 2019, the average greasy wool import price amounted to $7,592 per tonne, declining by -2.1% 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 Thailand. 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:
• Thailand

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