What is the price of wool grease per kilogram/pound in China today?
The retail price range for China wool grease is between US$ 0.66 and US$ 1.82 per kilogram or between US$ 0.30 and US$ 0.82 per pound(lb). Click here to see today's exact prices of wool grease in China
The retail price range in Yuan Renminbi for wool grease is between CNY 4.62 and CNY 12.73 per kilogram or between CNY 2.10 and CNY 5.77 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China wool grease is between US$ 0.46 and US$ 1.27 per kilogram or between US$ 0.21 and US$ 0.58 per pound(lb).
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China Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from China over the last five years has seen a steady decline. In 2017, the price was 4.07 US $ per kg, and in 2021 it was 5.95 US $ per kg. The lowest price was in 2014, when it was 4.77 US $ per kg. The most recent price in 2022 was 6.04 US $ per kg. Based on this data, it is likely that the export price of Wool Grease from China will continue to decrease in the next two years, with an estimated price of 5.90 US $ per kg in 2023 and 5.85 US $ per kg in 2024.The China wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
China Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into China has been relatively stable over the last five years. In 2016, the price was 4.35 US dollars per kilogram, and in 2017 it decreased to 4.07 US dollars per kilogram. In 2018, the price dropped further to 3.92 US dollars per kilogram, and in 2019 it decreased to 3.86 US dollars per kilogram. In 2020, the price increased slightly to 4.01 US dollars per kilogram, and in 2021 it rose to 5.95 US dollars per kilogram. The most recent data shows that in 2022, the import price per kilogram of Wool Grease into China was 6.04 US dollars. Based on this trend, it is predicted that the import price per kilogram of Wool Grease into China in 2023 will be 6.17 US dollars, and in 2024 it will be 6.30 US dollars.Export values for China wool grease
The total values in export for wool grease in China were US$ 71,562, US$ 79,188, US$ 89,940 and US$ 77,986 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wool grease in other countries across Asia: Kazakhstan wool grease, Kyrgyzstan wool grease, Tajikistan wool grease, Turkmenistan wool grease, Uzbekistan wool grease, China wool grease, Hong Kong wool grease, Macao wool grease, North Korea wool grease & Mongolia wool grease.
China wool grease - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 20,208 tonnes of wool grease. For 2019 alone, the demand for China wool grease (processed category) has shrunk, recording a change of -11.994 % compared to the year 2018. Between 2017 and 2019, wool grease's exports increased by 3.91 percent bringing the country US$77.99m for the year 2019. China's wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Crude wool grease (HS code 150510)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
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China wool grease export values
In 2019, China shipped wool grease with a value of 77.99m USD, a contraction of -13.29% from 2018's total wool grease export of 89.94m USD. The yearly reduction in value of China wool grease between 2017 to 2018 was 13.578%.
The per year change in the volume of China's wool grease exports between 2017 and 2019 was 3.91 pc when compared to a variation of -11.994% in the growth rate between 2018 and 2019.
China's portion of the world's total wool grease's exports in 2019 was less than 1%. China is ranked position 47 in world exports of wool grease.
Export markets for China wool grease ( in '000$ )
China's top export markets for wool grease are Singapore, Japan, Denmark, Australia and Uruguay.
China brought in 1,094 tonnes of wool grease in 2019.