What is the price of wool grease per kilogram/pound in Turkey today?
The retail price range for Turkey wool grease is between US$ 0.77 and US$ 1.45 per kilogram or between US$ 0.35 and US$ 0.66 per pound(lb). Click here to see today's exact prices of wool grease in Turkey
The retail price range in Turkish Lira for wool grease is between TRY 15.33 and TRY 28.74 per kilogram or between TRY 6.95 and TRY 13.03 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey wool grease is between US$ 0.54 and US$ 1.02 per kilogram or between US$ 0.25 and US$ 0.46 per pound(lb).
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Turkey Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from Turkey over the last five years has been quite volatile. In 2017, the price was 7.00 US$ per kg, followed by a sharp increase to 29.00 US$ per kg in 2018. In 2019, the price remained steady at 29.20 US$ per kg, before dropping to 27.43 US$ per kg in 2020. 2021 saw a significant jump to 46.20 US$ per kg, before dropping again to 8.65 US$ per kg in 2022. Based on this data, it is likely that the export price of Wool Grease from Turkey will remain relatively stable in the next two years, with an estimated price of around 25.00 US$ per kg in 2023 and 26.00 US$ per kg in 2024.The wool grease exports from Turkey 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)
Turkey Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into Turkey over the last five years has been quite volatile. In 2017, the price was 7.00 US dollars per kilogram, followed by a significant increase to 29.00 US dollars per kilogram in 2018. The price then dropped to 29.20 US dollars per kilogram in 2019, before decreasing further to 27.43 US dollars per kilogram in 2020. 2021 saw a sharp rise to 46.20 US dollars per kilogram, before dropping to 8.65 US dollars per kilogram in 2022. Based on this data, it is likely that the import price per kilogram of Wool Grease into Turkey will remain relatively low in 2023, at around 8.00 US dollars per kilogram. However, it is possible that the price could increase in 2024, potentially reaching around 20.00 US dollars per kilogram.Export values for Turkey wool grease
The total values in export for wool grease in Turkey were US$ 57, US$ 7, US$ 58 and US$ 148 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wool grease in other countries across Middle East: Bahrain wool grease, Cyprus wool grease, Iraq wool grease, Israel wool grease, Jordan wool grease, Kuwait wool grease, Lebanon wool grease, Palestine wool grease, Oman wool grease & Qatar wool grease.
Turkey wool grease - Production, Exports, Imports, Seasons and HS Codes
The amount of wool grease shipped by Turkey in 2020 was 14 metric tonnes. In 2019 Turkey shipped 5 tonnes of wool grease. For 2019 alone, the interest in Turkey wool grease (processed category) has improved, with a change of 150 per cent compared to the year 2018. Between 2017 and 2019, wool grease's exports went up by 400% bringing the exporter US$0.15m for the year 2019. Turkey's wool grease exports are classified as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Crude wool grease (HS code 150510)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
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Turkey wool grease export values
In 2019, Turkey shipped wool grease worth 0.15m USD, a growth of 158.62% from 2018's total wool grease export of 0.058m USD. The annual increase in value of Turkey wool grease between 2017 to 2018 was 728.571 per cent.
The per year variation in the quantity of Turkey's wool grease exports between 2017 and 2019 was 400% when compared to a variation of 150% in the growth rate between 2018 and 2019.
Turkey's share of the world's total wool grease's exports in 2019 was less than 1%. The country is ranked position 38 in world exports of wool grease.
Export markets for Turkey wool grease ( in '000$ )
Turkey's best performing export markets for wool grease are Lithuania, Hong Kong, Hungary, Norway and United Kingdom (UK).
Import/Export Trends
Turkey is a net exporter of wool grease. The annual growth of Turkey wool grease in value between 2015 to 2019 was -2%, per year, while annual growth in quantity through the same period was 20%, per annum.
Turkey purchased 95 tonnes of wool grease in 2019.