Key Market Indicators
Lithuania's wool imports are expected to total around $120 million by 2026, up from $111 million in 2021. This represents an average annual growth rate of 1.3%. Since 1999, the country's demand has grown by 2.9% each year. Morocco was the top importer of wool in 2021 at $111 million, followed by Italy, Germany and the United Kingdom. Lithuania's wool exports are predicted to reach $144 million by 2026, up from $126 million in 2021. This translates to a compound annual growth rate of 2.3%. Since 1999, the nation's supply of wool has increased by 5.5% annually. Poland was the top exporter of wool in 2021 at $126 million, followed by China, Italy and Germany.
