The global export market for wool not carded or combed remains dominated by Australia, representing a significant portion of the market share. South Africa and New Zealand follow, although New Zealand shows a notable decline recently. Emerging markets such as Mongolia and Malaysia demonstrate rapid growth with substantial increases compared to their peers.
Future trends suggest potential market shifts due to changes in global demand, environmental considerations in production, and evolving trade policies. Nations with improving growth rates, like Slovenia and Myanmar, may continue to increase their market share. Monitoring the sustainability efforts in the wool industry could also impact future market dynamics.
Top countries in Export of Wool Not Carded or Combed Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 67.1 | 2023 | +1.88% | +1.53% | View data |
| 2 | 2 South Africa | 9.85 | 2023 | +3.53% | +3.17% | View data |
| 3 | 3 New Zealand | 6.84 | 2023 | -3.8% | -3.52% | View data |
| 4 | 4 Uruguay | 2.41 | 2023 | +2.37% | +1.86% | View data |
| 5 | 5 United Kingdom | 1.76 | 2023 | +0.12% | +1.46% | View data |
| 6 | 6 Argentina | 1.39 | 2023 | +0.14% | +1.26% | View data |
| 7 | 7 Spain | 1.09 | 2023 | +2.42% | +2.51% | View data |
| 8 | 8 Peru | 0.91 | 2023 | +4.49% | +2.98% | View data |
| 9 | 9 China | 0.68 | 2023 | -3.28% | -3.1% | View data |
| 10 | 10 Brazil | 0.66 | 2023 | +2.19% | +1.83% | View data |
