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

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

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Global Wool Grease Market 2024

Wool Grease Market Size

The global wool grease market soared to $X in 2022, growing by 24% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wool Grease Production

In value terms, wool grease production expanded markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. Over the period under review, global production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Wool Grease Exports

Exports

In 2022, approx. X tons of wool grease and fatty substances were exported worldwide; with a decrease of -7.4% compared with the year before. Overall, exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. The global exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wool grease exports reached $X in 2022. In general, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. The global exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the largest exporting country with an export of around X tons, which finished at 35% of total exports. It was distantly followed by the UK (X tons), the United States (X tons), Belgium (X tons) and Japan (X tons), together making up a 35% share of total exports. The following exporters - Germany (X tons), Uruguay (X tons), India (X tons), the Czech Republic (X tons), Australia (X tons), Italy (X tons) and South Africa (X tons) - together made up 23% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of wool grease and fatty substances. At the same time, South Africa (+15.4%), India (+5.7%), Germany (+3.9%), the Czech Republic (+2.4%) and the United States (+1.9%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in the world, with a CAGR of +15.4% from 2012-2022. Italy and Japan experienced a relatively flat trend pattern. By contrast, the UK (-1.1%), Australia (-2.7%), Belgium (-3.4%) and Uruguay (-4.0%) illustrated a downward trend over the same period. China (+2.8 p.p.), the United States (+2.6 p.p.), India (+1.8 p.p.) and Germany (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the UK ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, with a combined 55% share of global exports. Japan, Germany, Uruguay, the United States, India, the Czech Republic, Australia, Italy and South Africa lagged somewhat behind, together accounting for a further 34%.

South Africa, with a CAGR of +12.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average wool grease export price stood at $X per ton in 2022, rising by 12% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 Germany ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the other global leaders experienced more modest paces of growth.

Wool Grease Imports

Imports

In 2022, overseas purchases of wool grease and fatty substances increased by 1.9% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of 9.4%. Over the period under review, global imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wool grease imports skyrocketed to $X in 2022. In general, imports, however, showed a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, global imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of wool grease and fatty substances, namely Germany, Japan, the United States and the UK, represented more than half of total import. It was distantly followed by Belgium (X tons), constituting a 6.1% share of total imports. India (X tons), the Netherlands (X tons), Uruguay (X tons), Brazil (X tons) and Italy (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +13.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, together comprising 42% of global imports. The UK, Belgium, the Netherlands, Brazil, India, Uruguay and Italy lagged somewhat behind, together accounting for a further 34%.

India, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average wool grease import price stood at $X per ton in 2022, rising by 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 16% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of wool grease consumption in 2020 were Australia, the Netherlands and Germany, with a combined 35% share of global consumption. Japan, China, Italy, New Zealand, Canada, the United States, Argentina, India, Brazil and the Czech Republic lagged somewhat behind, together accounting for a further 47%.
China remains the largest wool grease producing country worldwide, comprising approx. 40% of total volume. Moreover, wool grease production in China exceeded the figures recorded by the second-largest producer, the Netherlands, twofold. Australia ranked third in terms of total production with a 13% share.
In value terms, China, the UK and Japan appeared to be the countries with the highest levels of exports in 2020, with a combined 52% share of global exports. Belgium, the Netherlands, Germany, the United States, New Zealand, Uruguay, the Czech Republic and Australia lagged somewhat behind, together accounting for a further 39%.
In value terms, the largest wool grease importing markets worldwide were Germany, the UK and the United States, with a combined 39% share of global imports. Japan, the Netherlands, Belgium, France, Brazil, India, Canada, Italy and Singapore lagged somewhat behind, together comprising a further 35%.
The average wool grease export price stood at $5,494 per ton in 2020, flattening at the previous year.
In 2020, the average wool grease import price amounted to $5,598 per ton, approximately mirroring 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

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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