Greasy Wool Market Overview in Romania
The value of the greasy wool market in Romania skyrocketed to $ in 2019, growing by % against 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). Overall, the total consumption indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. Over the period under review, the market hit record highs in 2019 and is likely to see steady growth in years to come.