In 2023, China's wool import remained dominant, experiencing a 2.28% growth from the previous year. India and Egypt showed notable year-on-year increases of 0.98% and 2.18%, respectively. Italy and Belgium faced declines, with Italy decreasing by 1.83% and Belgium by 7.71%. The United States saw a significant drop of 20.08%, while Japan decreased by 31.23%. South Africa recorded a remarkable 11.37% growth, and Angola led with a substantial 97.64% increase. Over the past five years, varying global demand dynamics and domestic industry changes shaped these trends.
Future trends suggest a shift towards countries enhancing their textile sectors, potentially increasing import volumes. Monitoring technological advancements and trade policies in key importing nations will be crucial to understand upcoming shifts in global wool trade dynamics.
Top countries in Import of Wool Not Carded or Combed by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,572,700,000 | 2023 | +2.85% | +2.28% | View data |
| 2 | 2 India | 331,900,000 | 2023 | +1.14% | +0.98% | View data |
| 3 | 3 Italy | 272,770,000 | 2023 | -0.39% | -1.83% | View data |
| 4 | 4 Czech Republic | 220,830,000 | 2023 | +2.02% | -2.12% | View data |
| 5 | 5 South Korea | 108,740,000 | 2023 | +1.69% | +1.24% | View data |
| 6 | 6 United Kingdom | 93,361,000 | 2023 | +0.79% | +0.61% | View data |
| 7 | 7 Uruguay | 70,361,000 | 2023 | +2.57% | +1.23% | View data |
| 8 | 8 Egypt | 69,433,000 | 2023 | +4.48% | +2.18% | View data |
| 9 | 9 Thailand | 46,898,000 | 2023 | +1.84% | +1.03% | View data |
| 10 | 10 Bulgaria | 42,548,000 | 2023 | +4.44% | +4.03% | View data |
