In 2023, Italy was the largest importer in the global market for waste of wool or fine/coarse animal hair, followed by China and Belgium, representing substantial shares of the global market. Italy's imports rose slightly by 0.68%, while China experienced a more notable 1.07% increase. Belgium posted the largest import increase among major importers, with a 3.81% rise. Conversely, import values for the United Kingdom, Germany, Slovakia, and the United States fell significantly, reflecting declines of 7.36%, 11.52%, 7.82%, and 7.66%, respectively. Other noteworthy countries with an increasing import share include Poland and Serbia, which displayed marked year-on-year growth at 13.93% and 9.44%.
Looking ahead, potential growth drivers include economic policies fostering trade partnerships, enhanced textile industry demands, and sustainability trends in textile recycling. Monitoring the evolution of imports in traditionally stable economies, along with emerging market dynamics, will be crucial in understanding future shifts in the global import landscape for waste wool and animal hair.
Top countries in Import 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 Italy | 41.52 | 2023 | +0.17% | +0.68% | View data |
| 2 | 2 China | 25.83 | 2023 | +4.71% | +1.07% | View data |
| 3 | 3 Belgium | 5.64 | 2023 | +4.22% | +3.81% | View data |
| 4 | 4 India | 4.31 | 2023 | +4.89% | -0.64% | View data |
| 5 | 5 Japan | 4.04 | 2023 | -2.18% | -2.55% | View data |
| 6 | 6 Lithuania | 4 | 2023 | +1.71% | +1.5% | View data |
| 7 | 7 Bolivia | 2.81 | 2023 | +3.29% | +3.77% | View data |
| 8 | 8 South Korea | 2.72 | 2023 | +2.52% | +1.38% | View data |
| 9 | 9 United Kingdom | 1.93 | 2023 | -7.71% | -7.36% | View data |
| 10 | 10 Ukraine | 1.42 | 2023 | +2.52% | +1.18% | View data |
