In 2023, China dominated the global import market for greasy shorn wool with a substantial share of 68.56%, showing a slight year-on-year growth of 1.03%. The Czech Republic and the United Kingdom followed with shares of 7.52% and 4.86%, respectively. Notably, Italy experienced a significant decline of 12.14%, while Kazakhstan showed remarkable growth of 649%. Conversely, countries like the Netherlands and Greece saw steep drops, with the Netherlands decreasing by 38.45% and Greece by 54.43%.
Looking ahead, watch for potential shifts as Kazakhstan's rapid growth suggests a focus on expanding their wool processing capabilities. Meanwhile, the stability of major players like China will be crucial, along with the impact of technological advancements and sustainability trends on smaller markets' import dynamics. Monitoring these factors will be key to understanding future trends.
Top countries in Import of Greasy Shorn Wool Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 68.56 | 2023 | +1.01% | +1.03% | View data |
| 2 | 2 Czech Republic | 7.52 | 2023 | +0.27% | -1.95% | View data |
| 3 | 3 United Kingdom | 4.86 | 2023 | +1.84% | +0.42% | View data |
| 4 | 4 Uruguay | 3.91 | 2023 | +0.45% | -0.52% | View data |
| 5 | 5 Italy | 2.42 | 2023 | -12.94% | -12.14% | View data |
| 6 | 6 Belgium | 2.25 | 2023 | +0.055% | -0.92% | View data |
| 7 | 7 Bulgaria | 1.62 | 2023 | +2.87% | +3.48% | View data |
| 8 | 8 Malaysia | 1.29 | 2023 | +3.04% | +4.35% | View data |
| 9 | 9 Portugal | 0.55 | 2023 | -3.7% | -4.43% | View data |
| 10 | 10 Mauritius | 0.24 | 2023 | +6.4% | +2.96% | View data |
