The global importing landscape for carded wool in 2023 was led by Nigeria, holding a substantial share, followed by Poland and South Korea. When analyzing year-on-year variations, Nigeria experienced a notable increment, while countries like South Korea and France saw declines. Estonia and the Czech Republic registered substantial growth, while the United Kingdom and Canada faced significant reductions in their import shares. Some smaller markets, such as the Philippines and Malaysia, experienced remarkable growth, whereas Romania endured a severe drop.
Looking ahead, future trends to watch include possible shifts in import volumes as emerging markets like Nigeria and the Philippines continue to expand. Additionally, geopolitical changes and trade agreements could impact the shares significantly. Monitoring these evolving dynamics will be crucial for understanding the global carded wool market's trajectory in the coming years.
Top countries in Import of Carded Wool Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Nigeria | 34.72 | 2023 | +4.57% | +35.69% | View data |
| 2 | 2 Poland | 30.67 | 2023 | +2.82% | +0.11% | View data |
| 3 | 3 South Korea | 7.23 | 2023 | -3.79% | -2.8% | View data |
| 4 | 4 Estonia | 6.54 | 2023 | +4.93% | +6.02% | View data |
| 5 | 5 Czech Republic | 6.31 | 2023 | +5% | +17.41% | View data |
| 6 | 6 Germany | 5.32 | 2023 | +3.57% | +1.35% | View data |
| 7 | 7 Italy | 3.69 | 2023 | -2.7% | +13.85% | View data |
| 8 | 8 Belarus | 2.64 | 2023 | -1.24% | -0.97% | View data |
| 9 | 9 United States | 2.55 | 2023 | +3.82% | +0.97% | View data |
| 10 | 10 Netherlands | 2.41 | 2023 | +3.37% | +4.17% | View data |