Over the past decade, raw wool production in Germany has exhibited relatively stable, but slightly declining trends. Between 2013 and 2019, values hovered around 4.9 thousand metric tons with minor fluctuations. A significant drop occurred in 2020, when production fell to 3.9 thousand metric tons. This dip was followed by a partial recovery in 2021 and continued modest decreases up to 2023, where the value stood at 4.6 thousand metric tons. The average Compound Annual Growth Rate (CAGR) from 2019 to 2023 is -0.85%, reflecting a minor declining trend over the past five years.
Looking ahead, forecasted values from 2024 to 2028 indicate a continuous, gradual decline in raw wool production. By 2028, production is expected to decrease to 4.34 thousand metric tons, presenting a forecasted 5-year CAGR of -0.89% and an overall forecasted 5-year growth rate of -4.36%.
Future trends to watch for include potential shifts in agricultural practices, climate change impacts, and global market demands which could further influence raw wool production dynamics in Germany.
