Key Market Indicators
Russia's wool exports are set to decline slightly, with an estimated $21.5 million by 2026, down 1.2% compared to 2021. Since 2001, the country's supply has dropped 0.2% year-on-year. In 2021, Russia ranked 40th, while Malaysia topped the list with $23.2 million. China, Italy and Germany came in second, third, and fourth place respectively. Meanwhile, Russia's wool imports are expected to increase marginally, reaching an estimated $44 million by 2026, up 1.5% on average year-on-year since 2001. In 2021, Russia ranked 34th, with Croatia leading the list at $40.1 million. Italy, Germany and the United Kingdom followed in second, third and fourth place respectively.
