Report World - Wool Grease and Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

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

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Global Wool Grease Market 2023

Wool Grease Market Size

In 2021, the global wool grease market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a slight reduction. Global consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wool Grease Production

In value terms, wool grease production declined modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of 41%. As a result, production attained the peak level of $X. From 2017 to 2021, global production growth remained at a somewhat lower figure.

Wool Grease Exports

Exports

In 2021, overseas shipments of wool grease and fatty substances increased by 13% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a slight contraction. Over the period under review, the global exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, wool grease exports surged to $X in 2021. Overall, exports, however, saw a perceptible setback. Over the period under review, the global exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X tons) was the largest exporter of wool grease and fatty substances, mixing up 34% of total exports. The UK (X tons) ranks second in terms of the total exports with a 9% share, followed by the United States (8.7%), the Czech Republic (6.8%), Belgium (6.3%), New Zealand (6%), Japan (5.4%) and Uruguay (4.8%).

China experienced a relatively flat trend pattern with regard to volume of exports of wool grease and fatty substances. At the same time, the Czech Republic (+11.1%) and the United States (+2.4%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +11.1% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, New Zealand (-1.9%), Uruguay (-2.1%), Belgium (-2.5%) and the UK (-5.6%) illustrated a downward trend over the same period. While the share of the Czech Republic (+4.4 p.p.), the United States (+2.4 p.p.) and China (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the UK (-4.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wool grease supplier worldwide, comprising 28% of global exports. The second position in the ranking was held by the UK ($X), with a 12% share of global exports. It was followed by Belgium, with a 10% share.

In China, wool grease exports decreased by an average annual rate of -2.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the UK (-6.7% per year) and Belgium (-1.1% per year).

Export Prices by Country

The average wool grease export price stood at $X per ton in 2021, increasing by 19% against the previous year. Overall, the export price, however, showed a slight descent. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.4%), while the other global leaders experienced mixed trends in the export price figures.

Wool Grease Imports

Imports

After two years of decline, overseas purchases of wool grease and fatty substances increased by 12% to X tons in 2021. Over the period under review, imports, however, continue to indicate a slight reduction. Over the period under review, global imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, wool grease imports skyrocketed to $X in 2021. Overall, imports, however, recorded a perceptible descent. Global imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the UK (X tons), Germany (X tons), Japan (X tons) and the United States (X tons) represented the key importer of wool grease and fatty substances in the world, generating 61% of total import. It was distantly followed by India (X tons), achieving a 6.7% share of total imports. Belgium (X tons), Brazil (X tons), the Netherlands (X tons), Italy (X tons) and Uruguay (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +20.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, with a combined 41% share of global imports. The United States, the Netherlands, Brazil, India, Belgium, Italy and Uruguay lagged somewhat behind, together accounting for a further 31%.

Among the main importing countries, India, with a CAGR of +12.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the average wool grease import price amounted to $X per ton, picking up by 17% against the previous year. In general, the import price, however, recorded a slight decrease. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wool grease and fatty substances in the world?
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The countries with the highest volumes of consumption in 2021 were Australia, Germany and Japan, with a combined 37% share of global consumption. The UK, Italy, New Zealand, China, the United States, India, Brazil, Bulgaria, Taiwan Chinese) and Singapore lagged somewhat behind, together comprising a further 42%.
What are the largest producers of wool grease and fatty substances in the world?
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China constituted the country with the largest volume of wool grease production, accounting for 39% 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 held by New Zealand, with an 11% share.
What are the leading suppliers of wool grease and fatty substances in the world?
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In value terms, China remains the largest wool grease supplier worldwide, comprising 28% of global exports. The second position in the ranking was taken by the UK, with a 12% share of global exports. It was followed by Belgium, with a 10% share.
What are the leading importers of wool grease and fatty substances in the world?
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In value terms, the largest wool grease importing markets worldwide were Germany, the UK and Japan, together accounting for 41% of global imports. The United States, the Netherlands, Brazil, India, Belgium, Italy and Uruguay lagged somewhat behind, together comprising a further 31%.
What is the average export price for wool grease and fatty substances in the world?
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The average wool grease export price stood at $7,286 per ton in 2021, growing by 19% against the previous year.
What is the average import price for wool grease and fatty substances in the world?
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The average wool grease import price stood at $6,866 per ton in 2021, growing by 17% against the previous year.

This report provides an in-depth analysis of the global wool grease market. 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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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