Key Market Indicators
Germany's wool import and export is set to see a decrease in the next five years. Imports are predicted to drop by 3% year on year to reach $525 million by 2026. This follows a 2.2% decrease in demand since 1996. In 2021, Germany ranked third in imports, with Italy coming in first at $626 million. For exports, Germany is expected to drop by 5.1% year on year to reach $353 million by 2026. This follows a 4.8% decrease since 1996. Last year, Germany ranked sixth in exports, with Italy coming in first at $479 million. China, Italy and Germany respectively ranked second, third, and fourth in this ranking.