China remains the leading exporter of wool grease, although it experienced a slight decrease of 0.02% in 2023. The United Kingdom and Japan saw declines of -1.68% and -0.75%, respectively. Notably, Belgium and the Netherlands achieved positive growth, with increases of 0.84% and 3.65%. Germany, Singapore, and the United States also showed growth.
Countries like Canada and South Africa experienced significant drops, at -13.07% and -15.05%, respectively. Emerging markets such as Egypt and Malaysia exhibited strong growth, rising by 7.17% and 6.45%. The highest contraction was seen in Colombia, decreasing by 42.1%.
Future trends to watch include the continued growth potential in emerging markets and the impact of changing trade relations on key exporters like China and the United Kingdom. Technological advancements and environmental regulations could also influence export dynamics in this sector.
Top countries in Export of Wool Grease Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.87 | 2023 | +0.44% | -0.02% | View data |
| 2 | 2 United Kingdom | 14.19 | 2023 | -1.6% | -1.68% | View data |
| 3 | 3 Japan | 11.42 | 2023 | +1.28% | -0.75% | View data |
| 4 | 4 Belgium | 10.47 | 2023 | +0.92% | +0.84% | View data |
| 5 | 5 Netherlands | 9.28 | 2023 | +4.24% | +3.65% | View data |
| 6 | 6 Germany | 8.7 | 2023 | +3.37% | +2.89% | View data |
| 7 | 7 Singapore | 4.34 | 2023 | -0.47% | +0.11% | View data |
| 8 | 8 United States | 4.21 | 2023 | +1.44% | +1.66% | View data |
| 9 | 9 Czech Republic | 2.45 | 2023 | +1.77% | -1.88% | View data |
| 10 | 10 Uruguay | 2.24 | 2023 | -3.61% | -0.045% | View data |
