Key Market Indicators
Malaysian wool exports are expected to reach $12 million by 2026, down 11.4% from $24 million in 2021. Since 1994, there has been an average 8.5% year-on-year decrease. The country ranked 39th in 2021, with Ireland coming out on top at $24 million. China, Italy and Germany occupied the second, third and fourth spots, respectively. Malaysian wool imports are projected to reach $15 million by 2026, a 8.1% decrease from $25 million in 2021. Since 1994, there has been an average 8.7% yearly decrease. Malaysia came 44th in 2021, with Ireland surpassing it at $25 million. Italy, Germany and the United Kingdom followed in second, third and fourth place, respectively.
