Key Market Indicators
Macedonia's wool imports are forecast to drop by 1.5% each year on average and reach $10.7 million by 2026. This is down from $11.7 million in 2021, representing a 5.3% decline since 1999. In 2021, Macedonia was the 58th largest importer, behind Guatemala, which imported $11.7 million. Italy, Germany, and the UK were the top three importers. Meanwhile, Macedonia's wool exports are expected to fall by 9.3% annually on average, hitting $755,640 by 2026. This is down from $1.4 million in 2021, a decrease of 18% since 1999. In 2021, Macedonia was the 62nd largest exporter, behind Latvia, which exported $1.4 million. China, Italy, and Germany were the top three exporters.
