What is the price of wool grease per kilogram/pound in Egypt today?
The retail price range for Egypt wool grease is between US$ 12.83 and US$ 18.76 per kilogram or between US$ 5.82 and US$ 8.51 per pound(lb). Click here to see today's exact prices of wool grease in Egypt
The retail price range in Egyptian Pound for wool grease is between EGP 401.05 and EGP 586.15 per kilogram or between EGP 181.88 and EGP 265.83 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt wool grease is between US$ 8.98 and US$ 13.13 per kilogram or between US$ 4.07 and US$ 5.95 per pound(lb).
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Egypt Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from Egypt has seen a steady increase over the last five years. In 2016, the price was 8.80 US $ per kg, and in 2021 it was 11.42 US $ per kg. This represents an increase of 2.62 US $ per kg. The highest price was seen in 2015, when it was 11.50 US $ per kg. The lowest price was seen in 2014, when it was 3.60 US $ per kg. Based on this data, it is likely that the export price per kilogram of Wool Grease from Egypt will continue to increase in the coming years. We can predict that the price in 2023 will be around 12.14 US $ per kg, and in 2024 it will be around 12.86 US $ per kg.The wool grease exports from Egypt are classified 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)
Egypt Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into Egypt has seen a steady increase over the last five years. In 2016, the price was 8.80 US dollars per kilogram, and in 2021 it was 11.42 US dollars per kilogram. This represents an increase of 2.62 US dollars per kilogram, or 29.7%. The highest price was in 2015, when it was 11.50 US dollars per kilogram. The lowest price was in 2014, when it was 3.60 US dollars per kilogram. Based on this trend, it is predicted that the import price per kilogram of Wool Grease into Egypt in 2023 will be 12.14 US dollars per kilogram, and in 2024 it will be 12.87 US dollars per kilogram.Export values for Egypt wool grease
The total values in export for wool grease in Egypt were US$ 325, US$ 400, US$ 494 and US$ 293 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: 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.
Egypt wool grease - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt exported 225 tonnes of wool grease. For 2019 alone, the interest in Egypt wool grease (processed category) has gone down, changing by -12.791 per cent compared to the year 2018. Between 2017 and 2019, wool grease's exports went up by 4.65 pc earning the nation US$0.29m for the year 2019. Egypt's wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
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Egypt wool grease export values
In 2019, Egypt shipped wool grease worth 0.29m USD, a decrease of -41.30% from 2018's total wool grease export of 0.494m USD. The annual change in value of Egypt wool grease between 2017 to 2018 was 23.5 pc.
The annual/yearly change in the amount of Egypt's wool grease exports between 2017 and 2019 was 4.65% in comparison to a variation of -12.791% in the period between 2018 and 2019.
Egypt's portion of the world's total wool grease's exports in 2019 was less than 1%. Egypt holds number 52 in world exports of wool grease.
Export markets for Egypt wool grease ( in '000$ )
Egypt's best performing destinations for wool grease are United Kingdom (UK), the Netherlands, Mauritius, Lithuania and Germany.
Import/Export Trends
Egypt is a net exporter of wool grease. The annual growth of Egypt wool grease in value between 2015 to 2019 was -4%, per year, while annual growth in quantity during the same period was 9%, per annum.
Egypt imported 60 tonnes of wool grease in 2019.