In 2023, South Korea dominated the carbonized wool import market with a leading share, followed distantly by Japan and Italy. Year-on-year changes highlight a mixed performance: strong growth in markets like Norway and Serbia, contrasted by substantial declines in China, Belgium, and Switzerland. The US and Germany showed modest growth, while the UK and India faced notable decreases. Over a five-year period, these fluctuations reveal underlying changes in import dynamics across different economies. The Compound Annual Growth Rate (CAGR) provides a nuanced look at market developments over the longer term.
Future trends to monitor include potential recovery in traditionally declining markets like China and the stabilization of emerging growth markets such as Serbia and Norway. Increased focus on sustainable and specialized textiles might drive shifts in import behaviors, influencing the distribution of carbonized wool imports globally.
Top countries in Import of Carbonized Wool Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 62.45 | 2023 | +2.95% | +2.85% | View data |
| 2 | 2 Japan | 13.75 | 2023 | +1.66% | -0.92% | View data |
| 3 | 3 Italy | 11 | 2023 | +0.032% | -2.25% | View data |
| 4 | 4 Germany | 5.3 | 2023 | -0.41% | +4.16% | View data |
| 5 | 5 United States | 1.37 | 2023 | +0.8% | +1.77% | View data |
| 6 | 6 France | 0.64 | 2023 | +1.05% | +0.88% | View data |
| 7 | 7 Czech Republic | 0.63 | 2023 | +1.86% | +2.22% | View data |
| 8 | 8 Spain | 0.57 | 2023 | +3.93% | +0.23% | View data |
| 9 | 9 Pakistan | 0.49 | 2023 | -2.13% | +0.25% | View data |
| 10 | 10 New Zealand | 0.27 | 2023 | +2.95% | +1.98% | View data |
