Key Market Indicators
Dane wool exports are expected to reach $106.6 million by 2026, up from $97.4 million in 2021, with an annual growth rate of 1.5%. This is a slightly slower rate than the 1.1% growth seen since 1994. In 2021, Dane ranked 20th in the world for wool exports, with Belgium leading the rankings at $97.4 million. China, Italy and Germany followed in second, third and fourth place respectively. Dane wool imports are projected to reach $110.6 million by 2026, up from $104.6 million in 2021, with an average growth rate of 0.9% annually. This is a slight increase from the 1% growth seen since 1994. In 2021, Dane ranked 20th in the world for wool imports, with Lithuania ahead at $104.6 million. Italy, Germany and the United Kingdom followed in second, third and fourth place respectively.
