In 2023, Argentina exported 2.5 thousand metric tons of greasy wool to Uruguay. The forecasted data shows a steady annual increase in exports from 2024 to 2028. The year-on-year percentage variation is as follows:
- 2024: 4.8% increase
- 2025: 6.9% increase
- 2026: 6.1% increase
- 2027: 5.7% increase
- 2028: 5.1% increase
The Compound Annual Growth Rate (CAGR) over the next five years from 2023 to 2028 is expected to be approximately 5.72%, indicating a consistent upward trend in greasy wool exports to Uruguay.
Future trends to watch for include shifts in wool production practices, global demand fluctuations influenced by fashion and textile industry trends, and potential trade policy changes between Argentina and Uruguay.
