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Wool Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Wool Industry

Global Wool Trends in 2022

Wool is part of Natural Fiber. You may also be interested in Hemp.

Global wool import is expected to hit $13.5 billion by 2026, growing at a rate of 0.5% each year. This is an increase of 3.4% since 2017. Last year, China was the largest importer at $4.4 billion, with Italy, Germany and the UK coming in second, third and fourth respectively. Kyrgyzstan saw a year-on-year increase of 94%, while Mozambique saw a decrease of 44%. Global wool export is projected to reach $13.9 billion by 2026, a growth of 0.3% annually. This is a 2.2% increase since 2017. Australia was the largest exporter at $3 billion last year, followed by China, Italy and Germany. Tanzania achieved a year-on-year growth of 210%, while Montenegro saw a decrease of 46%.

Top 10 countries

In 2022 major markets in the Wool Industry were:

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