Key Market Indicators
Azerbaijani imports of wool are forecast to reach $1.7 million by 2026, growing at an average rate of 4.2% year-on-year. Since 2001, Azerbaijani demand has increased by 17.6% annually. In 2021, Azerbaijan ranked 87th, with Greece ahead at $1.3 million. Italy, Germany and the UK were the next three countries in the ranking. In 2018, Azerbaijani wool exports fell by 50.6% to $86,000 from $173,000 in 2017. Azerbaijan came 85th in the rankings, with Cyprus overtaking it at $85,000. China, Italy and Germany were the next three countries in the ranking.
