What is the price of wool grease per kilogram/pound in Senegal today?
The retail price range for Senegal wool grease is between US$ 7.11 and US$ 10.12 per kilogram or between US$ 3.23 and US$ 4.59 per pound(lb). Click here to see today's exact prices of wool grease in Senegal
The retail price range in CFA Franc BCEAO for wool grease is between XOF 4,338.29 and XOF 6,168.05 per kilogram or between XOF 1,967.48 and XOF 2,797.30 per pound(lb) in Dakar and Touba.
Wholesale prices
In 2024, the approximate wholesale price range for Senegal wool grease is between US$ 4.98 and US$ 7.08 per kilogram or between US$ 2.26 and US$ 3.21 per pound(lb).
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Senegal Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from Senegal over the last five years has been relatively stable. In 2017, the price was at its lowest point of 2.33 US $ per kg, before increasing to 6.75 US $ per kg in 2018. The price then decreased to 5.57 US $ per kg in 2019 and 5.22 US $ per kg in 2020. The most recent data shows that the price has dropped to 4.60 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Wool Grease from Senegal will be 4.45 US $ per kg in 2023 and 4.30 US $ per kg in 2024.The wool grease exports from Senegal are categorised as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
Senegal Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into Senegal over the last five years has been quite volatile. In 2017, the price was at its lowest point of 2.33 US $ per kg, before increasing to 6.75 US $ per kg in 2018. The price then dropped again in 2019 to 5.57 US $ per kg, before continuing to decline to 5.22 US $ per kg in 2020 and 4.6 US $ per kg in 2021. This suggests that the import price of Wool Grease into Senegal has been decreasing over the last five years. Based on this trend, it is likely that the import price of Wool Grease into Senegal will continue to decrease in the next two years. We can predict that the import price of Wool Grease into Senegal in 2023 will be around 4.20 US $ per kg and in 2024 it will be around 3.80 US $ per kg.Export values for Senegal wool grease
The total values in export for wool grease in Senegal were US$ 105, US$ 7, US$ 81 and US$ 78 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Senegal: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wool grease in other countries across Africa: Algeria wool grease, Angola wool grease, Botswana wool grease, Burundi wool grease, Cameroon wool grease, Cape Verde wool grease, Central African Republic wool grease, Comoros wool grease, DRC Congo wool grease & Benin wool grease.
Senegal wool grease - Production, Exports, Imports, Seasons and HS Codes
In 2019 Senegal shipped 14 tonnes of wool grease. Through 2019 alone, the market for Senegal wool grease (processed category) has gone up, changing by 16.667 pc compared to the year 2018. Between 2017 and 2019, wool grease's exports went up by 366.67% earning the exporter US$0.08m for the year 2019. Senegal's wool grease exports are classified as:
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Crude wool grease (HS code 150510)
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Senegal wool grease export values
In 2019, Senegal supplied wool grease costing 0.08m USD, a drop of -1.23% from 2018's total wool grease export of 0.081m USD. The yearly reduction in value of Senegal wool grease between 2017 to 2018 was 1057.143%.
The annual change in the volume of Senegal's wool grease exports between 2017 and 2019 was 366.67% compared to a variation of 16.667% in the period between 2018 and 2019.
Export markets for Senegal wool grease ( in '000$ )
Senegal's leading export markets for wool grease are Mali, the Gambia, Nigeria, Guinea and Lebanon.
Senegal procured 50 tonnes of wool grease in 2019.