Key Market Indicators
Brazilian wool exports are predicted to drop slightly to $30 million by 2026 from $31.1 million in 2021. Since 1994, Brazilian exports have risen by almost 1% each year on average. Switzerland held the number one spot in 2021 with $31.1 million, while Brazil ranked 33rd. China, Italy and Germany respectively came in at numbers two, three and four. Meanwhile, Brazilian wool imports are projected to decline by 7.8% to $5.1 million by 2026 from $8.2 million in 2021. Since 1994, Brazilian imports have fallen on average by 4.7% each year. Mongolia was the leader in 2021 with $8.2 million, while Brazil was 66th. Italy, Germany and the United Kingdom came in at numbers two, three and four respectively.