Key Market Indicators
Wool export from Nepal is projected to increase to $1.4 million by 2026, up 4.2% from 2021. Since 1999, Nepalese supply has been decreasing by an average of 2.7% a year. In 2021, Nepal was in 63rd place, with Slovenia overtaking at $1.1 million. China, Italy, and Germany were the top three exporters. Meanwhile, Nepalese wool import is set to reach $32.8 million by 2026, up 0.5% from 2021. Since 1999, Nepalese demand has been dropping by an average of 2.5% a year. In 2021, Nepal was in 39th place, with Australia overtaking at $31.9 million. Italy, Germany, and the United Kingdom were the top three importers.
