Key Market Indicators
Wool exports from Italy are forecasted to decrease by 0.1% year on year, on average, over the next five years, reaching $2.3 billion by 2026. This follows an upward trend since 1999, with a 1.9% year on year increase. China was the leading exporter of wool in 2021, surpassing Italy, which came in third place, followed by Germany and the United States. Meanwhile, Italian wool imports are expected to grow by 0.7% year on year, on average, over the next five years, reaching $1.8 billion by 2026. This follows a 4.4% year on year increase since 1999. China was the leading importer of wool in 2021, surpassing Italy, which was second, with Germany and the United Kingdom coming in third and fourth place, respectively.