Key Market Indicators
Peruvian wool exports are expected to reach $290 million by 2026, up from $245 million in 2021. This marks an average annual growth rate of 2.8%. Exports of the product have grown by 11.6% year on year since 1997. Peru was number 11 in 2021, with Romania overtaking it with exports of $245 million. China, Italy, and Germany placed second, third, and fourth, respectively. Peruvian wool imports are projected to reach $47 million by 2026, up from $40 million in 2021. This translates to an average growth rate of 3% year on year. Since 1997, imports of the product have risen by 12.1%. Peru placed 35th in 2021, with Russia coming out ahead with $40 million. Italy, Germany, and the United Kingdom placed second, third, and fourth, respectively.
