Key Market Indicators
Algeria's wool exports are expected to reach roughly $2.4 million by 2026, up from $1.8 million in 2021. It has grown an average of 4.4% year-on-year since 2013. In 2021, the country came in 59th place, overtaken by Slovakia at $1.8 million. China, Italy, and Germany held the top three spots. Meanwhile, Algeria's wool imports are set to dip to $466,460 by 2026 from $949,480 in 2021, at an average rate of 11.8% year-on-year. Since 1997, Algerian demand for wool has decreased by 21.4% year-on-year. In 2021, the country was ranked 88th, with Azerbaijan coming in ahead at $949,480. Italy, Germany, and the United Kingdom took the top three spots.
