In 2023, the global export landscape for degreased shorn wool showed significant variability. New Zealand led with 54.149 million kilograms but faced a 3.95% decrease compared to the previous year. The United Kingdom saw a 2.68% increase, contrasting Australia's 7.47% decline. Mongolia exhibited strong growth at 7.52%, while Russia's exports rose by 5.03%. Despite being a key player, China experienced a 3.14% drop. Smaller markets like Malaysia showed a 9.04% rise, whereas Germany saw a substantial 19.35% decline. Eastern European countries like Poland and Hungary also faced steep declines of over 21% yearly.
Looking ahead, the focus will be on regions with growing export trends like Mongolia and Malaysia, while established exporters like New Zealand and Australia need to strategize against declining trends. Monitoring economic conditions and demand fluctuations in key importing nations will be crucial for future developments in this sector. Additionally, geopolitical tensions and environmental policies may play significant roles in shaping global trade patterns.
Top countries in Export of Degreased Shorn Wool by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 54,149,000 | 2023 | -3.74% | -3.95% | View data |
| 2 | 2 United Kingdom | 22,639,000 | 2023 | +2.15% | +2.68% | View data |
| 3 | 3 Australia | 17,599,000 | 2023 | -1.77% | -7.47% | View data |
| 4 | 4 Mongolia | 16,197,000 | 2023 | +4.59% | +7.52% | View data |
| 5 | 5 Russia | 9,493,200 | 2023 | +4.57% | +5.03% | View data |
| 6 | 6 Uruguay | 6,525,000 | 2023 | +3.52% | +3.99% | View data |
| 7 | 7 China | 5,257,300 | 2023 | -3% | -3.14% | View data |
| 8 | 8 Kazakhstan | 3,468,500 | 2023 | +3.74% | +3.77% | View data |
| 9 | 9 Belgium | 3,360,700 | 2023 | +0.15% | +0.082% | View data |
| 10 | 10 Malaysia | 1,875,400 | 2023 | +4.68% | +9.04% | View data |
