Key Market Indicators
American demand for wool is set to decrease over the next five years, according to the latest figures from the American Wool Industry. Imports are expected to reach $254 million in 2026, down from the 2021 figure of $272 million. This represents an average annual decrease of 1.1%. American demand for wool has steadily declined since 1996, with an average year-on-year reduction of 0.1%. Exports meanwhile are forecast to reach $61 million in 2026, down from $69 million in 2021. This represents an average annual decrease of 2.2%. American supply of wool has grown steadily since 1996, with an average year-on-year increase of 0.8%.