Key Market Indicators
China is set to become the world's largest wool importer and exporter by 2026. Imports are predicted to reach $4.88 billion and exports $2.57 billion by then. Since 1997, Chinese demand for wool has grown by 6.7% year on year, while supply has increased 2.6%. Italy, Germany and the United Kingdom are the biggest importers, and Australia, China, Italy and Germany are the top exporters.