EU: Greasy Wool Market 2025

Greasy Wool Market Size in the EU

In 2022, the EU greasy wool market increased by 11% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Greasy Wool Production in the EU

In value terms, greasy wool production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of 9.1%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Greasy Wool Exports

Exports in the EU

In 2022, exports of greasy wool in the European Union reduced modestly to X tons, falling by -2.9% on the year before. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, greasy wool exports totaled $X in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2015 with an increase of 18% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Spain (X tons), distantly followed by Romania (X tons), Italy (X tons), Ireland (X tons), France (X tons), Belgium (X tons) and Portugal (X tons) were the major exporters of greasy wool, together creating 89% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of -2.0%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Spain ($X) remains the largest greasy wool supplier in the European Union, comprising 37% of total exports. The second position in the ranking was taken by Ireland ($X), with a 13% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in Spain stood at -7.4%. In the other countries, the average annual rates were as follows: Ireland (-7.7% per year) and France (-9.3% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by 7.9% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of 15%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-4.1%), while the other leaders experienced a decline in the export price figures.

Greasy Wool Imports

Imports in the EU

In 2022, imports of greasy wool in the European Union fell to X tons, remaining relatively unchanged against the previous year. Over the period under review, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, greasy wool imports skyrocketed to $X in 2022. Overall, imports showed a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic represented the major importer of greasy wool in the European Union, with the volume of imports finishing at X tons, which was approx. 46% of total imports in 2022. Italy (X tons) took a 23% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (13%) and Belgium (9.4%). Portugal (X tons), Spain (X tons) and Germany (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +14.6%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Italy ($X), the Czech Republic ($X) and Bulgaria ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 96% of total imports.

Among the main importing countries, Bulgaria, with a CAGR of +34.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 22% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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