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Report World - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights

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Global Greasy Wool Market 2024

Greasy Wool Market Size

In 2022, the global greasy wool market increased by 2.6% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a noticeable slump. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the global market remained at a lower figure.

Greasy Wool Production

In value terms, greasy wool production fell to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, global production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Greasy Wool Exports

Exports

In 2022, global greasy wool exports shrank to X tons, which is down by -4% on 2021. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, greasy wool exports reduced to $X in 2022. In general, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 46%. The global exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Australia prevails in exports structure, recording X tons, which was approx. 62% of total exports in 2022. South Africa (X tons) took the second position in the ranking, followed by New Zealand (X tons). All these countries together took approx. 16% share of total exports. Spain (X tons) held a relatively small share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of greasy wool. South Africa and New Zealand experienced a relatively flat trend pattern. Spain (-3.5%) illustrated a downward trend over the same period. While the share of Australia (+9.3 p.p.) and South Africa (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest greasy wool supplier worldwide, comprising 76% of global exports. The second position in the ranking was held by South Africa ($X), with a 9.3% share of global exports. It was followed by New Zealand, with a 6.7% share.

In Australia, greasy wool exports plunged by an average annual rate of -1.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (-0.8% per year) and New Zealand (-1.0% per year).

Export Prices by Country

In 2022, the average greasy wool export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 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 Australia ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+0.0%), while the other global leaders experienced a decline in the export price figures.

Greasy Wool Imports

Imports

In 2022, approx. X tons of greasy wool were imported worldwide; waning by -9.6% against 2021 figures. Over the period under review, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, global imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, greasy wool imports reduced modestly to $X in 2022. In general, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Global imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China represented the major importing country with an import of around X tons, which reached 60% of total imports. It was distantly followed by India (X tons) and the Czech Republic (X tons), together making up an 18% share of total imports. Italy (X tons), Uruguay (X tons), the UK (X tons), Bulgaria (X tons), Egypt (X tons), Belgium (X tons) and Turkey (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of imports of greasy wool. At the same time, Bulgaria (+14.6%), Egypt (+4.8%) and the UK (+3.7%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in the world, with a CAGR of +14.6% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, India (-2.0%), Uruguay (-2.9%), Italy (-3.0%), Belgium (-4.8%) and Turkey (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Bulgaria and the Czech Republic increased by +5.5, +1.6 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported greasy wool worldwide, comprising 76% of global imports. The second position in the ranking was taken by Italy ($X), with a 6.2% share of global imports. It was followed by India, with a 6.1% share.

In China, greasy wool imports declined by an average annual rate of -1.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-0.6% per year) and India (-3.7% per year).

Import Prices by Country

In 2022, the average greasy wool import price amounted to $X per ton, growing by 7.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Turkey ($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 global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of greasy wool consumption was China, comprising approx. 33% of total volume. Moreover, greasy wool consumption in China exceeded the figures recorded by the second-largest consumer, New Zealand, fivefold. The third position in this ranking was occupied by India, with a 6% share.
The countries with the highest volumes of greasy wool production in 2021 were China, Australia and New Zealand, together comprising 42% of global production. These countries were followed by Turkey, the UK, Morocco, Iran, Russia, South Africa, India, Pakistan, Argentina and Turkmenistan, which together accounted for a further 28%.
In value terms, Australia remains the largest greasy wool supplier worldwide, comprising 78% of global exports. The second position in the ranking was occupied by South Africa, with a 9.4% share of global exports. It was followed by New Zealand, with a 5% share.
In value terms, China constitutes the largest market for imported greasy wool worldwide, comprising 76% of global imports. The second position in the ranking was occupied by India, with a 7.7% share of global imports. It was followed by Italy, with a 4.8% share.
In 2021, the average greasy wool export price amounted to $5,356 per ton, surging by 15% against the previous year.
The average greasy wool import price stood at $5,333 per ton in 2021, declining by -15.2% against the previous year.

This report provides an in-depth analysis of the global greasy wool 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 987 - Wool, Greasy

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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