Key Market Indicators
Portugal's wool exports are forecast to reach almost $80 million by 2026, down 0.4% annually on average from 2021's level of $81.6 million. Since 1993, Portuguese supply has grown on average by 3.9% per year. In 2021, Portugal was ranked 22nd, with Denmark coming in at first with $81.6 million. China, Italy and Germany followed in second, third and fourth place respectively. Meanwhile, Portugal's wool imports are projected to reach $152 million by 2026, with no change from 2021's level. Since 1993, Portuguese demand has grown on average by 4.1% per year. In 2021, the country was 13th, with Poland overtaking at $152 million. Italy, Germany and the United Kingdom were ranked second, third and fourth respectively.
