In 2023, China led the global export market for waste wool, holding 14.79% of the market share by value, closely followed by India at 14.58%. Italy, the Czech Republic, and Belgium made up other significant exporting countries. Over the past year, notable positive changes included Poland, Switzerland, and Croatia. Conversely, Germany, South Africa, and Malaysia experienced declines. On a 5-year average, minimal growth was observed, with incremental increases in several countries, indicating a stabilizing market.
Looking forward, key trends to observe include fluctuating demand in Asia, evolving environmental regulations, and innovations in textile recycling, potentially reshaping export dynamics and market shares globally.
Top countries in Export of Waste of Wool or of Fine or Coarse Animal Hair Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 14.79 | 2023 | +1.26% | +0.84% | View data |
| 2 | 2 India | 14.58 | 2023 | +4.31% | +3.99% | View data |
| 3 | 3 Italy | 11.75 | 2023 | +2.16% | -0.65% | View data |
| 4 | 4 Czech Republic | 10.21 | 2023 | +0.47% | -5.75% | View data |
| 5 | 5 Belgium | 7.38 | 2023 | +3.33% | +2.74% | View data |
| 6 | 6 United Kingdom | 7.37 | 2023 | -1.71% | -3.42% | View data |
| 7 | 7 Uruguay | 7.13 | 2023 | +1.44% | -0.58% | View data |
| 8 | 8 Argentina | 4.28 | 2023 | -3.73% | +0.23% | View data |
| 9 | 9 Romania | 2.72 | 2023 | +3.78% | +2.38% | View data |
| 10 | 10 Bulgaria | 2.7 | 2023 | +4.18% | +2.34% | View data |
