What is the price of wool grease per kilogram/pound in Singapore today?
The retail price range for Singapore wool grease is between US$ 7.84 and US$ 15.69 per kilogram or between US$ 3.56 and US$ 7.12 per pound(lb). Click here to see today's exact prices of wool grease in Singapore
The retail price range in Singapore Dollar for wool grease is between SGD 10.55 and SGD 21.10 per kilogram or between SGD 4.78 and SGD 9.57 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2025, the approximate wholesale price range for Singapore wool grease is between US$ 5.49 and US$ 10.98 per kilogram or between US$ 2.49 and US$ 4.98 per pound(lb).
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Singapore Wool Grease Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wool Grease from Singapore has seen a steady decline over the last five years. In 2016, the price was 7.12 US $ per kg, and in 2021 it was 2.84 US $ per kg. This represents a decrease of 60.6%. The lowest price was in 2020, when it was 0.29 US $ per kg. Looking ahead, it is likely that the export price of Wool Grease from Singapore will remain low in the coming years, with an estimated price of 2.50 US $ per kg in 2023 and 2.20 US $ per kg in 2024.The Singapore wool grease exports are categorised 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)
Singapore Wool Grease Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wool Grease into Singapore has seen a steady decline over the past five years. In 2016, the price was 7.12 US dollars per kg, and by 2021, it had dropped to 2.84 US dollars per kg. This represents a decrease of 60.3% over the five-year period. The lowest price was recorded in 2020, when the import price was 0.29 US dollars per kg. Looking ahead, it is likely that the import price of Wool Grease into Singapore will remain low in the coming years. We can predict that the import price in 2023 will be around 2.50 US dollars per kg, and in 2024, it will be around 2.20 US dollars per kg.Export values for Singapore wool grease
The total values in export for wool grease in Singapore were US$ 10,444, US$ 9,605, US$ 9,306 and US$ 6,262 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wool grease in other countries across Asia: Kazakhstan wool grease, Kyrgyzstan wool grease, Tajikistan wool grease, Turkmenistan wool grease, Uzbekistan wool grease, China wool grease, Hong Kong wool grease, Macao wool grease, North Korea wool grease & Mongolia wool grease.
Singapore wool grease - Production, Exports, Imports, Seasons and HS Codes
The quantity of wool grease exported by Singapore in 2020 was 966 tonnes. In 2019 Singapore exported 1,263 tonnes of wool grease. Through 2019 alone, the demand for Singapore wool grease (processed category) has reduced, with a change of -16.302 pc compared to the year 2018. Between 2017 and 2019, wool grease's exports went down by -15.57 percent earning the exporter US$6.26m for the year 2019. Singapore's wool grease exports are categorised as:
- Wool grease and fatty substances derived therefrom, incl. lanolin (HS code 150500)
- Wool grease and fatty substances derived therefrom incl. lanolin (excluding crude) (HS code 150590)
- Crude wool grease (HS code 150510)
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Singapore wool grease export values
In 2019, Singapore supplied wool grease costing 6.26m USD, a contraction of -32.73% from 2018's total wool grease export of 9.306m USD. The yearly change in value of Singapore wool grease between 2017 to 2018 was -3.113 per cent.
The yearly variation in the volume of Singapore's wool grease exports between 2017 and 2019 was -15.57 pc when compared to a variation of -16.302% in the growth rate between 2018 and 2019.
Singapore's stake of the world's total wool grease's exports in 2019 was less than 1%. The country is ranked position 34 in world exports of wool grease.
Export markets for Singapore wool grease ( in '000$ )
Singapore's leading export markets for wool grease are China, Germany, South Korea, US and Thailand.
Import/Export Trends
Singapore is a net importer of wool grease. The annual growth of Singapore wool grease in value between 2015 to 2019 was -8%, per year, while annual growth in quantity during the same period was -4%, per annum.
Singapore purchased 796 tonnes of wool grease in 2019.