Key Market Indicators
Luxembourger wool imports are set to drop by 15.7% year-on-year, from $109,010 in 2021 to $41,920 by 2026. Since 2004, imports have decreased by 10.1%. In 2021, Luxembourg was ranked 105th, below Malawi ($109,010). Italy, Germany and the United Kingdom took the top three spots in the rankings. Meanwhile, Luxembourger wool exports fell by 43.4% in 2018, from $3,590 to $2,030. Since 2004, exports have declined by 41.9%. Last year, Montenegro ($2,030) overtook Luxembourg, which came in 103rd. China, Italy and Germany were the top three countries in the rankings.