Key Market Indicators
Cambodia’s wool exports are expected to increase to around $136 million by 2026, from $122 million in 2021. This represents an average annual growth rate of 1.8%. Since 2007, the country’s supply has dropped by around 2.5% each year. In 2021, Cambodia ranked 82nd, with Namibia taking the lead at $122 million. China, Italy and Germany followed in second, third and fourth place respectively. Meanwhile, Cambodia’s wool imports are predicted to reach $28 million in 2026, from $23 million in 2021. This equates to an average annual growth rate of 3.6%. Since 2005, the country’s demand has grown by 3% each year. In 2021, Cambodia was ranked 47th, with the United Arab Emirates at the top with $23 million. Italy, Germany and the United Kingdom came second, third and fourth respectively.
