What is the price of wool grease per kilogram/pound in India today?
The retail price range for India wool grease is between US$ 5.41 and US$ 8.38 per kilogram or between US$ 2.45 and US$ 3.80 per pound(lb). Click here to see today's exact prices of wool grease in India
The retail price range in Indian Rupee for wool grease is between INR 448.16 and INR 693.87 per kilogram or between INR 203.25 and INR 314.68 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India wool grease is between US$ 3.79 and US$ 5.86 per kilogram or between US$ 1.72 and US$ 2.66 per pound(lb).
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India Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from India over the last five years has been relatively stable. In 2017, the price was 4.51 US $ per kg, followed by 4.92 US $ per kg in 2018. In 2019, the price increased to 5.28 US $ per kg and further increased to 5.42 US $ per kg in 2020. The highest price was recorded in 2021, at 7.41 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Wool Grease from India in 2023 will be around 6.41 US $ per kg and in 2024 will be around 6.92 US $ per kg.The exports of wool grease from India 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)
India Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into India has seen a steady increase over the last five years. In 2016, the price was 4.40 US dollars per kg, and in 2021, it was 7.41 US dollars per kg. This represents an increase of 68.4% over the five-year period. The highest price was recorded in 2021, while the lowest price was recorded in 2014 at 5.29 US dollars per kg. The average price over the five-year period was 5.64 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Wool Grease into India in 2023 will be 8.17 US dollars per kg and in 2024 will be 8.99 US dollars per kg.Export values for India wool grease
The total values in export for wool grease in India were US$ 2,698, US$ 2,561, US$ 2,306 and US$ 1,712 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: 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.
India wool grease - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 324 tonnes of wool grease. For 2019 alone, the interest in India wool grease (processed category) has decreased, recording a change of -30.917 % compared to the year 2018. Between 2017 and 2019, wool grease's exports went down by -42.96 pc earning the exporter US$1.71m for the year 2019. India's wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
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India wool grease export values
In 2019, India supplied wool grease costing 1.71m USD, a reduction of -25.85% from 2018's total wool grease export of 2.306m USD. The annual reduction in value of India wool grease between 2017 to 2018 was -9.957%.
The annual/yearly change in the quantity of India's wool grease exports between 2017 and 2019 was -42.96 per cent when compared to a variation of -30.917% in the growth rate between 2018 and 2019.
Export markets for India wool grease ( in '000$ )
India's best performing destinations for wool grease are Iran, Russia, Algeria, South Africa and Tanzania.
India brought in 324 tonnes of wool grease in 2019.