What is the price of wool grease per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) wool grease is between US$ 5.75 and US$ 14.37 per kilogram or between US$ 2.61 and US$ 6.52 per pound(lb). Click here to see today's exact prices of wool grease in United Kingdom (UK)
The retail price range in British pound sterling for wool grease is between GBP 4.62 and GBP 11.55 per kilogram or between GBP 2.09 and GBP 5.24 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) wool grease is between US$ 4.02 and US$ 10.06 per kilogram or between US$ 1.82 and US$ 4.56 per pound(lb).
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United Kingdom (UK) Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from the United Kingdom over the last five years has seen a steady decline. In 2011, the price was 9.24 US dollars per kilogram, and by 2021, it had dropped to 10.03 US dollars per kilogram. The lowest price was recorded in 2020, at 7.65 US dollars per kilogram. The price has since increased to 11.19 US dollars per kilogram in 2022. Based on this trend, it is predicted that the export price per kilogram of Wool Grease from the United Kingdom in 2023 will be around 10.50 US dollars per kilogram, and in 2024, it will be around 11.00 US dollars per kilogram.The exports of wool grease from United Kingdom (UK) 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)
United Kingdom (UK) Wool Grease Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) wool grease
The total values in export for wool grease in United Kingdom (UK) were US$ 30,105, US$ 33,078, US$ 33,241 and US$ 34,961 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wool grease in other countries across Europe: Georgia wool grease, Albania wool grease, Belarus wool grease, Bosnia and Herzegovina wool grease, Bulgaria wool grease, Croatia wool grease, Czech Republic wool grease, Estonia wool grease, Greece wool grease & Hungary wool grease.
United Kingdom (UK) wool grease - Production, Exports, Imports, Seasons and HS Codes
The quantity of wool grease shipped by United Kingdom (UK) in 2020 was 4,635 tonnes. In 2019 United Kingdom (UK) shipped 4,185 tonnes of wool grease. For 2019 alone, the demand for United Kingdom (UK) wool grease (processed category) has escalated, flactuating by 6.057 per cent compared to the year 2018. Between 2017 and 2019, wool grease's exports went up by 6.6 pc netting United Kingdom (UK) US$34.96m for the year 2019. United Kingdom (UK)'s wool grease exports are classified as:
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
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United Kingdom (UK) wool grease export values
In 2019, United Kingdom (UK) supplied wool grease worth 34.96m USD, a growth of 5.17% from 2018's total wool grease export of 33.241m USD. The yearly change in value of United Kingdom (UK) wool grease between 2017 to 2018 was 0.49277465 pc.
The yearly variation in the amount of United Kingdom (UK)'s wool grease exports between 2017 and 2019 was 6.6 pc in comparison to a variation of 6.057% in the period between 2018 and 2019.
United Kingdom (UK)'s share of the world's total wool grease's exports in 2019 was 1%. United Kingdom (UK) is ranked position 14 in world exports of wool grease.
Export markets for United Kingdom (UK) wool grease ( in '000$ )
United Kingdom (UK)'s leading destinations for wool grease are Italy, Germany, Spain, Colombia and China.
Import/Export Trends
United Kingdom (UK) is a net importer of wool grease. The annual growth of United Kingdom (UK) wool grease in value between 2015 to 2019 was -19%, per annum, while annual growth in quantity was -12%, per annum.
United Kingdom (UK) bought 5,176 tonnes of wool grease in 2019.