Key Market Indicators
The Irish yarn trade is set to experience a severe decrease over the next five years. In 2021, Irish yarn imports are estimated to be worth $5.2 million, a 27.6% fall compared to 2020. This marks an 11% decrease since 1997. Meanwhile, exports of Irish yarn are forecast to total $1.1 million in 2021, a 62.6% decrease compared to 2020. This is a 38.8% decrease since 1997. By 2026, imports are projected to be worth just over $905,000, while exports are expected to reach $1.1 million.
