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.
