Report Update Nov 1, 2024

Peru - Greasy Wool - 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

Peru: Greasy Wool Market 2024

Greasy Wool Market Size in Peru

In 2022, the Peruvian greasy wool market decreased by -16.1% to $X, falling for the second consecutive year after three years of growth. Overall, consumption recorded a deep downturn. Greasy wool consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Greasy Wool Production in Peru

In value terms, greasy wool production declined to $X in 2022 estimated in export price. Overall, production showed a slight curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Greasy Wool Exports

Exports from Peru

In 2022, shipments abroad of greasy wool increased by 9.7% to X tons, rising for the second year in a row after two years of decline. In general, exports enjoyed a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of 104%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, greasy wool exports reached $X in 2022. Overall, exports enjoyed a modest increase. The most prominent rate of growth was recorded in 2013 when exports increased by 98% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Uruguay (X tons) and the Czech Republic (X tons) were the main destinations of greasy wool exports from Peru, together comprising 68% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +31.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for greasy wool exported from Peru were Germany ($X), Uruguay ($X) and Malaysia ($X), with a combined 59% share of total exports.

Germany, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average greasy wool export price amounted to $X per ton, falling by -6.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Greasy Wool Imports

Imports into Peru

In 2022, purchases abroad of greasy wool was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 634%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, greasy wool imports surged to $X in 2022. Overall, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 568% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest greasy wool supplier to Peru, with a 78% share of total imports. Moreover, greasy wool imports from Chile exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+2.4% per year) and Australia (-6.7% per year).

In value terms, Chile ($X) constituted the largest supplier of greasy wool to Peru, comprising 78% of total imports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-1.5% per year) and Australia (-20.7% per year).

Import Prices by Country

In 2022, the average greasy wool import price amounted to $X per ton, with an increase of 25% against the previous year. In general, the import price, however, recorded a deep setback. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for greasy wool in the world?

China constituted the country with the largest volume of greasy wool consumption, accounting for 33% of total volume. Moreover, greasy wool consumption in China exceeded the figures recorded by the second-largest consumer, New Zealand, fivefold. India ranked third in terms of total consumption with a 6% share.

What are the largest producers of greasy wool in the world?

The countries with the highest volumes of greasy wool production in 2021 were China, Australia and New Zealand, with a combined 42% share 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%.

What are the leading suppliers of greasy wool to Peru?

In value terms, Mexico, Chile and Australia were the largest greasy wool suppliers to Peru.

What are the leading importers of greasy wool from Peru?

In value terms, Uruguay remains the key foreign market for greasy wool exports from Peru, comprising 50% of total exports. The second position in the ranking was occupied by Germany, with a 13% share of total exports. It was followed by the UK, with an 11% share.

What is the average export price for greasy wool in Peru?

In 2021, the average greasy wool export price amounted to $1,807 per ton, which is down by -20.1% against the previous year.

What is the average import price for greasy wool in Peru?

The average greasy wool import price stood at $1,604 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the greasy wool market in Peru. 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:

Peru

Data coverage:

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