Afghanistan: Wool Grease Market 2020

Wool Grease Market Size in Afghanistan

The revenue of the wool grease market in Afghanistan amounted to $X in 2018, flattening at the previous year. Overall, wool grease consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the wool grease market reached its maximum level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Wool Grease Production in Afghanistan

In value terms, wool grease production stood at $X in 2018 estimated in export prices. Overall, wool grease production continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Afghanistan wool grease production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Wool Grease Exports

Exports from Afghanistan

In 2018, the amount of wool grease exported from Afghanistan totaled X tons, picking up by X% against the previous year. In general, wool grease exports, however, continue to indicate a drastic drop. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, wool grease exports attained their peak of X tons. From 2013 to 2018, the growth of wool grease exports failed to regain its momentum.

In value terms, wool grease exports stood at $X in 2018. Overall, wool grease exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Afghanistan exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Australia prevails in wool grease exports structure, finishing at X tons, which was near X% of total exports in 2018. South Africa (X tons) and New Zealand (X tons) held a little share of total exports.

Australia was also the fastest-growing in terms of the wool grease exports, with a CAGR of +X% from 2007 to 2018. At the same time, South Africa (+X%) displayed positive paces of growth. New Zealand experienced a relatively flat trend pattern. Australia (+X p.p.) and South Africa (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest wool grease supplier from Afghanistan, comprising X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by New Zealand, with a X% share.

In Australia, wool grease exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and New Zealand (+X% per year).

Export Prices by Country

The wool grease export price in Afghanistan stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the wool grease export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. Afghanistan export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Wool Grease Imports

Imports into Afghanistan

In 2018, the wool grease imports into Afghanistan amounted to X kg, lowering by -X% against the previous year. Overall, wool grease imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. In that year, wool grease imports attained their peak of X tons. From 2009 to 2018, the growth of wool grease imports remained at a somewhat lower figure.

In value terms, wool grease imports amounted to $X in 2018. In general, wool grease imports continue to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Afghanistan imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tons) was the key importer of wool grease, achieving X% of total imports. It was distantly followed by India (X tons), making up a X% share of total imports. The following importers - the Czech Republic (X tons), Turkey (X tons), Egypt (X tons), the UK (X tons), Italy (X tons), Uruguay (X tons) and Taiwan, Chinese (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Egypt (+X%), India (+X%), Uruguay (+X%), the UK (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Turkey and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.), India (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported wool grease into Afghanistan, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: India (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

In 2018, the wool grease import price in Afghanistan amounted to $X per ton, jumping by X% against the previous year. In general, the import price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wool grease import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2010 when the import price increased by X% y-o-y. Afghanistan import price peaked in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform