The European export market for wool grease and its derivatives is led by the United Kingdom, with a significant share of 37% in 2023, followed by Belgium and Germany. Notable growth was observed in the Netherlands and Bulgaria, with annual variations of 2.96% and 3.94% respectively. Conversely, Spain and France faced substantial declines of 43.79% and 14.83% in their exports, indicative of challenges or strategic shifts. Smaller contributors such as Portugal and Sweden have shown impressive growth, albeit from low bases, with astronomical increases of 175.58% and 31.53% respectively.
Future trends to watch include:
- The UK's sustained relevance in the market amidst slight negative growth.
- Potential expansion from smaller markets like Portugal and Sweden, driven by reclamation and strategic shifts.
- Opportunities for Spain and France to stabilize and innovate following recent downturns.
- The impact of sustainability trends and technological advancements on production efficiencies.
Top countries in Export of Wool Grease and Fatty Substances Derived Therefrom Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36.99 | 2023 | -2.54% | -1% | View data |
| 2 | 2 Belgium | 20.11 | 2023 | -2.83% | -1.03% | View data |
| 3 | 3 Germany | 16.35 | 2023 | +9.75% | +0.32% | View data |
| 4 | 4 Czechia | 16.06 | 2023 | |||
| 5 | 5 Italy | 8.48 | 2023 | -43.67% | View data | |
| 6 | 6 Netherlands | 8.03 | 2023 | +17.75% | +2.96% | View data |
| 7 | 7 Bulgaria | 2.65 | 2023 | +1.47% | +3.94% | View data |
| 8 | 8 France | 0.73 | 2023 | -19.79% | -14.83% | View data |
| 9 | 9 Ireland | 0.28 | 2023 | +56.2% | View data | |
| 10 | 10 Sweden | 0.28 | 2023 | +2.09% | +31.53% | View data |