What is the price of wool grease per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong wool grease is between US$ 7.03 and US$ 8.20 per kilogram or between US$ 3.19 and US$ 3.72 per pound(lb). Click here to see today's exact prices of wool grease in Hong Kong
The retail price range in Hong Kong Dollar for wool grease is between HKD 54.93 and HKD 64.08 per kilogram or between HKD 24.91 and HKD 29.06 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong wool grease is between US$ 4.92 and US$ 5.74 per kilogram or between US$ 2.23 and US$ 2.60 per pound(lb).
Related: Kenya Wool Grease prices, South Africa Wool Grease prices, Malaysia Wool Grease prices, Philippines Wool Grease prices, India Wool Grease prices, United Arab Emirates (UAE) Wool Grease prices, Canada Wool Grease prices, US Wool Grease prices, Australia Wool Grease prices, New Zealand Wool Grease prices, Germany Wool Grease prices, Netherlands Wool Grease prices, Spain Wool Grease prices, United Kingdom (UK) Wool Grease prices,
Price Finder Tool
Search for prices of Hong Kong wool grease and other products in different countries.
Hong Kong Wool Grease Export Prices - Historical, Trends and Prediction
The export price of Wool Grease from Hong Kong has seen a steady increase over the past five years. In 2019, the price per kilogram was $2.45, which increased to $2.60 in 2020. 2021 saw a slight dip to $2.50, followed by a slight increase to $2.55 in 2022. Looking at the trend, it is likely that the export price of Wool Grease from Hong Kong will continue to increase in the coming years. Predicted prices for 2023 and 2024 are $2.60 and $2.65 respectively.The wool grease exports from Hong Kong 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)
Hong Kong Wool Grease Import Prices - Historical, Trends and Prediction
The import price of Wool Grease into Hong Kong has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.90, and in 2021 it further increased to $3.20. The most recent data shows that the import price of Wool Grease into Hong Kong in 2022 was $3.50 per kilogram. Overall, the import price of Wool Grease into Hong Kong has seen a steady increase over the past five years, with the price per kilogram increasing from $2.45 in 2018 to $3.50 in 2022. This trend is likely to continue in the coming years, and it is predicted that the import price of Wool Grease into Hong Kong in 2023 and 2024 will be around $3.80 and $4.10 per kilogram, respectively.Export values for Hong Kong wool grease
The total values in export for wool grease in Hong Kong were US$ 84, US$ 23, US$ 132 and US$ 21 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: 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.
Hong Kong wool grease - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 3 tonnes of wool grease. For the year 2019 alone, the interest in Hong Kong wool grease (processed category) has shrunk, flactuating by -93.182 % compared to the year 2018. Between 2017 and 2019, wool grease's exports went up by 200 pc bringing the exporter US$0.02m for the year 2019. Hong Kong's wool grease exports are classified as:
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Crude wool grease (HS code 150510)
Are you a producer of wool grease or other products?
Sign up today for FREE to buy or sell wool grease.
Hong Kong wool grease export values
In 2019, Hong Kong exported wool grease valued at 0.02m USD, a reduction of -84.85% from 2018's total wool grease export of 0.132m USD. The annual reduction in value of Hong Kong wool grease between 2017 to 2018 was 473.913%.
The yearly change in the quantity of Hong Kong's wool grease exports between 2017 and 2019 was 200% when compared to a variation of -93.182% in the growth rate between 2018 and 2019.
Hong Kong's share of the world's total wool grease's exports in 2019 was less than 1%. Hong Kong holds number 24 in world exports of wool grease.
Export markets for Hong Kong wool grease ( in '000$ )
Hong Kong's top export markets for wool grease are India, United Kingdom (UK), Italy, Germany and Romania.
Import/Export Trends
Hong Kong is a net importer of wool grease. The annual growth of Hong Kong wool grease in value between 2015 to 2019 was -28%, per year, while annual growth in quantity through the same period was -26%, per annum.
Hong Kong brought in 12 tonnes of wool grease in 2019.