Key Market Indicators
In 2021, the country was ranked at number 76, Thailand came ahead with $90,450. The following were China, Italy and Germany in the 2nd, 3rd and 4th places respectively. Cypriot wool exports are projected to drop to $45,000 by 2026, a 12.2% decrease from 2021's figure of $51,420. Cypriot exports have been decreasing since 1994, with a 10.2% year-on-year rate. In 2021, the country ranked 84th, behind Cambodia at $107,550. China, Italy, and Germany took the second, third, and fourth place respectively. Cypriot wool imports declined to $90,450 in 2018 from $140,060 in 2017, a 35.4% decrease from the previous year. Since 1994, Cypriot imports have decreased at a rate of 12.3% year-on-year. In 2021, the country ranked 76th, behind Thailand at $90,450. China, Italy, and Germany followed in the second, third, and fourth places respectively.
