Key Market Indicators
Japan's wool exports are predicted to reach $142 million by 2026, down 3.7% annually from $177 million in 2021. Since 1993, the country's wool supply has decreased 3.2% each year. In 2021, India was the top exporter with $177 million, followed by China, Italy and Germany. Meanwhile, Japan's wool imports are forecast to reach $388 million by 2026, a 2.2% drop annually from $442 million in 2021. Since 1993, the country's wool demand has decreased 1.6% annually. In 2021, the UK was the top importer with $442 million, followed by Italy, Germany and the UK.
