The global import of degreased wool other than shorn is dominated by India with significant growth of 1.69% year on year. Other countries like South Africa show remarkable expansion at 20.18%, while notable declines are observed in countries such as the United Kingdom, Canada, and Denmark with -21.09%, -9.71%, and -54.89% respectively. Although countries like Lithuania and Belarus have decreased their import values slightly, emerging markets like Myanmar and Egypt have potential for diversification given their recent trends.
Future trends to watch include the stabilization of significant import players and an increase in market share for smaller emerging markets. Monitoring shifts in global regulations, demand for sustainable wool, and economic fluctuations will provide insights into potential growth opportunities and challenges in the global wool industry.
Top countries in Import of Degreased Wool Other Than Shorn Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 78.63 | 2023 | +1.02% | +1.69% | View data |
| 2 | 2 Lithuania | 6.85 | 2023 | +3.01% | -1.26% | View data |
| 3 | 3 South Africa | 6.29 | 2023 | +1.08% | +20.18% | View data |
| 4 | 4 Italy | 1.8 | 2023 | -6.41% | -5.08% | View data |
| 5 | 5 Ireland | 1.8 | 2023 | +2.59% | +1.41% | View data |
| 6 | 6 Portugal | 1.51 | 2023 | +4.06% | +4.29% | View data |
| 7 | 7 Belarus | 1.43 | 2023 | +1.55% | -1.09% | View data |
| 8 | 8 Myanmar | 1.01 | 2023 | +6.2% | +4.27% | View data |
| 9 | 9 Romania | 0.96 | 2023 | +6.71% | +1.7% | View data |
| 10 | 10 United Kingdom | 0.93 | 2023 | -24.86% | -21.09% | View data |
