Yemen: Wool Grease Market 2020

Wool Grease Market Size in Yemen

The revenue of the wool grease market in Yemen amounted to $X in 2018, waning by -X% against the previous year. In general, wool grease consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the wool grease market reached its maximum level at $X in 2017, and then declined slightly in the following year.

Wool Grease Production in Yemen

In value terms, wool grease production stood at $X in 2018 estimated in export prices. Overall, wool grease production continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. Over the period under review, wool grease production attained its maximum level at $X in 2017, and then declined slightly in the following year.

Wool Grease Exports

Exports from Yemen

In 2018, the exports of wool grease from Yemen totaled X kg, leveling off at the previous year. Overall, wool grease exports continue to indicate a relatively flat trend pattern.

In value terms, wool grease exports totaled $X in 2018. Over the period under review, wool grease exports continue to indicate a relatively flat trend pattern.

Exports by Country

Australia dominates wool grease exports structure, recording X tons, which was near X% of total exports in 2018. South Africa (X tons) and New Zealand (X tons) held a relatively small share of total exports.

Australia was also the fastest-growing in terms of the wool grease exports, with a CAGR of +X% from 2007 to 2018. At the same time, South Africa (+X%) displayed positive paces of growth. New Zealand experienced a relatively flat trend pattern. From 2007 to 2018, the share of Australia and South Africa increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest wool grease supplier from Yemen, comprising X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports.

From 2007 to 2018, the average annual growth rate of value in Australia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and New Zealand (+X% per year).

Export Prices by Country

In 2018, the wool grease export price in Yemen amounted to $X per ton, remaining stable against the previous year. Overall, the wool grease export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was South Africa ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Wool Grease Imports

Imports into Yemen

In 2018, the imports of wool grease into Yemen stood at X kg, approximately equating the previous year. In general, wool grease imports continue to indicate a relatively flat trend pattern. Yemen imports peaked at X kg in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, wool grease imports amounted to $X in 2018. Overall, wool grease imports continue to indicate a relatively flat trend pattern. Yemen imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons) represented the largest importer of wool grease, achieving X% of total imports. It was distantly followed by India (X tons), mixing up a X% share of total imports. The following importers - the Czech Republic (X tons), Turkey (X tons), Egypt (X tons), the UK (X tons), Italy (X tons), Uruguay (X tons) and Taiwan, Chinese (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to wool grease imports into China stood at +X%. At the same time, Egypt (+X%), India (+X%), Uruguay (+X%), the UK (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Turkey and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.), India (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported wool grease into Yemen, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

In China, wool grease imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: India (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The wool grease import price in Yemen stood at $X per ton in 2018, approximately mirroring the previous year. Overall, the wool grease import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for wool grease attained their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform