In 2023, Italy led global imports in wool and fine/coarse animal hair carded or combed at $22.63 million, marking gradual growth of 0.084%. Germany and Romania followed, with Romania enjoying substantial growth at 2.84%. Conversely, China and Poland faced declines, showcasing -1.6% and -2.94% respectively. Remarkable growth was seen in Nigeria (36.44%) and Madagascar (4.75%), indicating rising demand in these regions.
For future trends, focus on the strategic shifts by emerging economies like Nigeria and Madagascar which are showing increased import activity. Keep an eye on continuous high growth rates in certain African and Eastern European countries as they expand their textile and fashion industries, impacting global wool trade dynamics.
Top countries in Import of Wool and Fine or Coarse Animal Hair Carded or Combed Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.63 | 2023 | +1.22% | +0.084% | View data |
| 2 | 2 Germany | 10.68 | 2023 | +1.52% | +1.06% | View data |
| 3 | 3 Romania | 8.95 | 2023 | +3.36% | +2.84% | View data |
| 4 | 4 China | 7.44 | 2023 | +0.35% | -1.6% | View data |
| 5 | 5 Poland | 6.52 | 2023 | +1.92% | -2.94% | View data |
| 6 | 6 Bulgaria | 6.51 | 2023 | +2.99% | +2.75% | View data |
| 7 | 7 Czech Republic | 5.99 | 2023 | +2.43% | +0.24% | View data |
| 8 | 8 South Korea | 5.11 | 2023 | -1.88% | -2.8% | View data |
| 9 | 9 Japan | 4.86 | 2023 | +0.088% | -0.66% | View data |
| 10 | 10 Madagascar | 3.62 | 2023 | +4.13% | +4.75% | View data |
