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Myanmar Wool Industry Outlook 2022 - 2026

See how Myanmar Wool performed compared to key markets such as China, Italy and Germany.

Key Market Indicators

Burmese wool imports are expected to reach around $9.7 million in 2026, a 0.6% decrease from $10 million in 2021. Since 2015, demand for Burmese wool has dropped by 16.2% year-on-year. In 2021, Burmese wool imports ranked 61st, behind Sri Lanka with $10 million. Italy, Germany and the United Kingdom were ranked second, third and fourth in this ranking. Burmese wool exports are predicted to hit $1.4 million by 2026, a 40.8% decrease from $23.3 million in 2021. Since 2017, Burmese wool exports have decreased by 10.3% year-on-year. In 2021, Burmese exports placed 90th, behind Trinidad and Tobago with $23.3 million. China, Italy and Germany were ranked second, third and fourth respectively.

Myanmar Wool Market Data and Forecasts

How much will Myanmar Wool Market grow to 2026?

Forecast: Greasy Wool Gross Production in Myanmar
Forecast: Import of Degreased Wool Other Than Shorn to Myanmar
Forecast: Import of Wool Not Carded or Combed to Myanmar
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