Paraguay Wool Industry Outlook 2021

See how Paraguay Wool performed compared to key markets such as China, Italy and Germany.

Key Market Indicators

Since 1994, Paraguayan demand was up by 40.6% year on year. The country came in number 97 in 2017, the Virgin Islands came ahead at $25,360. Germany, Hong Kong and the United States respectively came in numbers 2, 3 and 4 in this ranking. Paraguay's wool imports decreased by 19% in 2021 compared to 2020, reaching $9,100. This is 18.8% lower than the country's demand since 1994. Paraguay ranked 126th in the list, with Brunei taking the lead at $9,100. Italy, Germany and the United Kingdom followed in second, third and fourth place, respectively. In contrast, Paraguay's wool exports skyrocketed by 159.1% in 2017 compared to 2016, reaching $25,360. This is 40.6% higher than the country's demand since 1994. Paraguay ranked 97th in the list, with the Virgin Islands taking the lead at $25,360. Germany, Hong Kong and the United States followed in second, third and fourth place, respectively.

Paraguay Wool Market Data and Forecasts

How much will Paraguay Wool Market grow?

Forecast: Greasy Wool Gross Production in Paraguay

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