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South Africa Wool Industry Outlook 2022 - 2026

See how South Africa Wool performed compared to key markets such as Australia, China and Italy.

Key Market Indicators

South Africa is set to become a major player in wool exports and imports by 2026. Export of wool is expected to reach $595 million, a 2.3% increase from 2021. This follows an upward trend of 7.7% year-on-year since 2005. In 2021, Germany overtook South Africa to become the fourth largest exporter at $519 million. China, Italy and Germany ranked second, third and fourth respectively. Meanwhile, South African wool imports are set to reach $54 million by 2026, a 2.1% average growth rate from 2021. Demand has been decreasing since 2005, at a rate of 2.7% year-on-year. In 2021, Ukraine overtook South Africa to become the 32nd largest importer at $47 million. Italy, Germany and the United Kingdom came in second, third and fourth respectively.

South Africa Wool Market Data and Forecasts

How much will South Africa Wool Market grow to 2026?

Forecast: Greasy Wool Gross Production in South Africa
Forecast: Greasy Wool Gross Production in South Africa
Forecast: Greasy Wool Gross Production in South Africa
Forecast: Export of Greasy Wool Other Than Shorn from South Africa
Forecast: Export of Wool Not Carded or Combed from South Africa
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