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World - Noils Of Wool Or Fine Animal Hair - Market Analysis, Forecast, Size, Trends And Insights
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The global market for noils of wool is forecasted to experience a slight increase in both volume and value terms from 2022 to 2030, with a projected CAGR of +0.2% in volume and +2.3% in value. In 2022, global consumption of noils of wool reached 639K tons, with China, the United States, and India leading in consumption. Production stood at 639K tons, with countries like China, the United States, and India being the top producers. Import and export volumes saw fluctuations, with Italy and China being the largest importers and China, the Czech Republic, and India leading in exports. Average prices showed growth over the years, with China having the highest export price in 2022. Overall, the market is expected to see moderate growth in both production and consumption over the next decade.
Market Forecast
Driven by rising demand for noils of wool worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.2% for the period from 2022 to 2030, which is projected to bring the market volume to 647K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.3% for the period from 2022 to 2030, which is projected to bring the market value to $3.5B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Noils Of Wool Or Fine Animal Hair
In 2022, the amount of noils of wool or fine animal hair consumed worldwide dropped to 639K tons, approximately reflecting the previous year's figure. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 6%. Over the period under review, global consumption hit record highs at 670K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
The global noils of wool market revenue amounted to $2.9B in 2022, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 4.6% against the previous year. Over the period under review, the global market reached the maximum level at $2.9B in 2020; afterwards, it flattened through to 2022.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (100K tons), the United States (57K tons) and India (41K tons), with a combined 31% share of global consumption. Pakistan, Nigeria, Bangladesh, Germany, Japan, Russia, Brazil, Indonesia, Ethiopia and France lagged somewhat behind, together comprising a further 28%.
From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +7.8%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($700M) led the market, alone. The second position in the ranking was taken by the United States ($214M). It was followed by India.
In China, the noils of wool market remained relatively stable over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-1.0% per year) and India (-1.7% per year).
The countries with the highest levels of noils of wool per capita consumption in 2022 were Germany (217 kg per 1000 persons), France (191 kg per 1000 persons) and the United States (170 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +5.1%), while consumption for the other global leaders experienced mixed trends in the per capita consumption figures.
Production
World Production of Noils Of Wool Or Fine Animal Hair
Global noils of wool production declined to 639K tons in 2022, approximately equating the previous year. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 6%. Global production peaked at 671K tons in 2012; however, from 2013 to 2022, production remained at a lower figure.
In value terms, noils of wool production stood at $2.9B in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 5.9%. Global production peaked at $2.9B in 2020; afterwards, it flattened through to 2022.
Production By Country
The countries with the highest volumes of production in 2022 were China (100K tons), the United States (57K tons) and India (42K tons), together comprising 31% of global production. Pakistan, Nigeria, Bangladesh, Germany, Japan, Russia, Brazil, Indonesia, Ethiopia and France lagged somewhat behind, together comprising a further 28%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Nigeria (with a CAGR of +7.8%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Noils Of Wool Or Fine Animal Hair
In 2022, overseas purchases of noils of wool or fine animal hair increased by 5.3% to 12K tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 47% against the previous year. As a result, imports reached the peak of 21K tons. From 2019 to 2022, the growth of global imports failed to regain momentum.
In value terms, noils of wool imports expanded remarkably to $68M in 2022. Overall, imports, however, showed a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, global imports reached the maximum at $105M in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports By Country
Italy represented the largest importing country with an import of about 5.4K tons, which amounted to 45% of total imports. China (1,003 tons) held an 8.3% share (based on physical terms) of total imports, which put it in second place, followed by the UK (6.1%), Bolivia (5.9%) and Belgium (5.8%). Lithuania (507 tons), Japan (411 tons), Slovakia (395 tons), the Czech Republic (342 tons) and Germany (223 tons) followed a long way behind the leaders.
Imports into Italy decreased at an average annual rate of -1.1% from 2012 to 2022. At the same time, the UK (+37.3%), the Czech Republic (+12.5%), Bolivia (+6.4%) and Belgium (+5.3%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing importer imported in the world, with a CAGR of +37.3% from 2012-2022. By contrast, Slovakia (-1.6%), Lithuania (-5.0%), Japan (-7.6%), Germany (-12.0%) and China (-12.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Italy, the UK, Bolivia, Belgium and the Czech Republic increased by +10, +5.9, +3.7, +3.4 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Italy ($33M) constitutes the largest market for imported noils of wool or fine animal hair worldwide, comprising 49% of global imports. The second position in the ranking was taken by Bolivia ($4.2M), with a 6.2% share of global imports. It was followed by China, with a 6.2% share.
In Italy, noils of wool imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bolivia (+5.6% per year) and China (-11.3% per year).
Import Prices By Country
In 2022, the average noils of wool import price amounted to $5,661 per ton, rising by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2019 an increase of 8.8% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($8,682 per ton), while the UK ($4,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Noils Of Wool Or Fine Animal Hair
In 2022, overseas shipments of noils of wool or fine animal hair increased by 6.5% to 12K tons, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 53%. The global exports peaked at 21K tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, noils of wool exports reached $64M in 2022. Over the period under review, exports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. The global exports peaked at $102M in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
Exports By Country
The shipments of the twelve major exporters of noils of wool or fine animal hair, namely the Czech Republic, China, India, Uruguay, Italy, the UK, Argentina, Bulgaria, Belgium, North Macedonia, Thailand and Peru, represented more than two-thirds of total export.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +30.9%), while the other global leaders experienced more modest paces of growth.
In value terms, China ($13M), the Czech Republic ($9.5M) and India ($6.5M) constituted the countries with the highest levels of exports in 2022, together comprising 46% of global exports. Italy, Argentina, the UK, Belgium, Uruguay, Bulgaria, Thailand, Peru and North Macedonia lagged somewhat behind, together accounting for a further 46%.
Thailand, with a CAGR of +38.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average noils of wool export price amounted to $5,248 per ton, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2019 an increase of 9.5% against the previous year. As a result, the export price attained the peak level of $5,369 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($8,531 per ton), while North Macedonia ($1,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global noils of wool market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13102300 - Noils of wool or fine animal hair
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global noils of wool market.
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