Key Market Indicators
Filipina wool import is forecast to reach $3.8 million by 2026, down 11% from 2021's figure of $7.4 million. Since 2001, demand has decreased by 8.6% year-on-year. In 2021, the country ranked 67th, with Brazil coming in first at $7.4 million. Italy, Germany and the United Kingdom were 2nd, 3rd and 4th respectively. Filipina wool export saw a dramatic jump in 2018, reaching $69,930 compared to 2017's figure of $5,290 - an increase of 1,220%. Since 2001, supply has grown by 56.3% year-on-year. In 2018, the country placed 86th, with Azerbaijan coming in first at $69,930. China, Italy and Germany followed in 2nd, 3rd and 4th place respectively.
