Watch Demo

Montenegro Wool Industry Outlook 2022 - 2026

See how Montenegro Wool performed compared to key markets such as China, Italy and Germany.

Key Market Indicators

Montenegrin wool imports are estimated to reach around $73,340 by 2026. This represents a 0.4% increase year on year, on average. Since 2011, the demand for wool in Montenegro has grown by 9%. In 2021, the country ranked 108th in the world, with Greenland coming ahead with $71,740. Italy, Germany and the United Kingdom took the next three spots. Meanwhile, Montenegrin wool exports fell by 31.8% in 2018 compared to 2017, reaching $2,930. Since 2011, the country's supply has decreased by 46.1% year on year. In 2018, Montenegro ranked 102nd in the world, with Armenia overtaking it with $2,930. China, Italy and Germany took the next three spots.

Montenegro Wool Market Data and Forecasts

How much will Montenegro Wool Market grow to 2026?

Forecast: Greasy Wool Gross Production in Montenegro
Forecast: Import of Yarn of Combed Wool to Montenegro
Forecast: Import of Greasy Wool Other Than Shorn to Montenegro
More in Wool Industry for 2027

Improve your Knowledge with the latest Indicators and Trends

  • Building Insulation on the Rise: An In-Depth Look at Mineral Wool Market Trends

    Increases in construction activity and global urbanization are fueling demand for mineral wool insulation. This is largely due to the essential properties of mineral wool, including its excellent heat insulation, soundproofing capabilities, and crucially, its fire resistance capabilities. These qualities make it a favored choice in building construction, particularly in...

    Read more