What is the price of wool grease per kilogram/pound in Japan today?
The retail price range for Japan wool grease is between US$ 2.36 and US$ 3.01 per kilogram or between US$ 1.07 and US$ 1.36 per pound(lb). Click here to see today's exact prices of wool grease in Japan
The retail price range in Yen for wool grease is between JPY 326.12 and JPY 415.43 per kilogram or between JPY 147.90 and JPY 188.40 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan wool grease is between US$ 1.65 and US$ 2.11 per kilogram or between US$ 0.75 and US$ 0.95 per pound(lb).
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Japan Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from Japan over the last five years has been quite volatile. In 2017, the price was 10.70 US $ per kg, followed by a decrease to 10.30 US $ per kg in 2018. In 2019, the price increased to 11.45 US $ per kg, and then further increased to 12.54 US $ per kg in 2020. The price then decreased to 11.57 US $ per kg in 2021, and is currently at 12.02 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Wool Grease from Japan will be 11.90 US $ per kg in 2023 and 12.20 US $ per kg in 2024.The Japan wool grease exports are categorised as:
- Crude wool grease (HS code 150510)
- 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)
Japan Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into Japan over the last five years has been relatively stable. In 2017, the price was 10.70 US dollars per kilogram, followed by 10.30 US dollars per kilogram in 2018. In 2019, the price increased to 11.45 US dollars per kilogram, and then to 12.54 US dollars per kilogram in 2020. The most recent year, 2021, saw a slight decrease to 11.57 US dollars per kilogram. Based on this data, it is likely that the import price per kilogram of Wool Grease into Japan will remain relatively stable in the next two years, with an estimated price of 12.02 US dollars per kilogram in 2023 and 12.02 US dollars per kilogram in 2024.Export values for Japan wool grease
The total values in export for wool grease in Japan were US$ 21,920, US$ 24,384, US$ 25,513 and US$ 22,200 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: 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.
Japan wool grease - Production, Exports, Imports, Seasons and HS Codes
The quantity of wool grease sold by Japan in 2020 was 1,504 tonnes. In 2019 Japan shipped 1,939 tonnes of wool grease. In 2019 alone, the demand for Japan wool grease (processed category) has gone down, recording a change of -21.688 per cent compared to the year 2018. Between 2017 and 2019, wool grease's exports went down by -14.88 pc netting the country US$22.20m for the year 2019. Japan's wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
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Japan wool grease export values
In 2019, Japan exported wool grease costing 22.20m USD, a contraction of -12.99% from 2018's total wool grease export of 25.513m USD. The yearly reduction in value of Japan wool grease between 2017 to 2018 was 4.63 pc.
The annual variation in the volume of Japan's wool grease exports between 2017 and 2019 was -14.88 pc in comparison to a variation of -21.688% in the period between 2018 and 2019.
Japan's stake of the world's total wool grease's exports in 2019 was less than 1%. Japan is ranked position 48 in world exports of wool grease.
Export markets for Japan wool grease ( in '000$ )
Japan's top destinations for wool grease are Germany, United Kingdom (UK), Belgium, the Netherlands and India.
Import/Export Trends
Japan is a net importer of wool grease. The annual growth of Japan wool grease in value between 2015 to 2019 was 18%, per year, while annual growth in quantity through the same period was 10%, per annum.
Japan ordered 5,276 tonnes of wool grease in 2019.