Report Update Nov 1, 2024

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

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Portugal: Greasy Wool Market 2024

Greasy Wool Market Size in Portugal

In 2022, the Portuguese greasy wool market increased by 4.2% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Greasy wool consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Greasy Wool Production in Portugal

In value terms, greasy wool production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of 346,293% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Greasy Wool Exports

Exports from Portugal

In 2022, exports of greasy wool from Portugal reduced to X tons, with a decrease of -11.1% against 2021. Over the period under review, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, greasy wool exports contracted sharply to $X in 2022. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 49%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Belgium (X tons) and France (X tons) were the main destinations of greasy wool exports from Portugal, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +0.4%), while the other leaders experienced a decline.

In value terms, Spain ($X) remains the key foreign market for greasy wool exports from Portugal, comprising 65% of total exports. The second position in the ranking was held by Belgium ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-11.1% per year) and France (-18.1% per year).

Export Prices by Country

In 2022, the average greasy wool export price amounted to $X per ton, reducing by -24.1% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($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 the Netherlands (-2.0%), while the prices for the other major destinations experienced a decline.

Greasy Wool Imports

Imports into Portugal

In 2022, supplies from abroad of greasy wool increased by 2.3% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 28%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, greasy wool imports declined slightly to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by 19% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) was the main supplier of greasy wool to Portugal, with a 94% share of total imports. Moreover, greasy wool imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to -1.4%.

In value terms, Spain ($X) constituted the largest supplier of greasy wool to Portugal, comprising 88% of total imports. The second position in the ranking was taken by Belgium ($X), with an 8.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to -7.4%.

Import Prices by Country

The average greasy wool import price stood at $X per ton in 2022, with a decrease of -5% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13% against the previous year. 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.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest greasy wool consuming country worldwide, 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 Portugal?

In value terms, Spain constituted the largest supplier of greasy wool to Portugal, comprising 90% of total imports. The second position in the ranking was occupied by Belgium, with a 10% share of total imports.

What are the leading importers of greasy wool from Portugal?

In value terms, Spain remains the key foreign market for greasy wool exports from Portugal, comprising 83% of total exports. The second position in the ranking was occupied by Belgium, with a 14% share of total exports.

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

In 2021, the average greasy wool export price amounted to $1,139 per ton, which is down by -14.6% against the previous year.

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

In 2021, the average greasy wool import price amounted to $722 per ton, reducing by -14.1% against the previous year.

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

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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