In 2023, Italy held the largest share of the global export of garnetted stock of wool or animal hair, accounting for 42.51% of the market. Germany followed with a 30.99% share. The most notable growth was seen in the United States with an 8.97% increase. Conversely, China experienced a significant decline of 24.34%. Over a five-year period, Italy and Germany showed consistent growth, while India and China faced consistent declines. The compounded annual growth rate highlights a mixed performance among countries.
Future trends to watch include the potential rise of emerging markets like Serbia, with positive growth rates, and ecological developments, which may impact demand patterns. Additionally, supply chain adjustments may cause shifts in the dominantly situated Italian and German markets.
Top countries in Export of Garnetted Stock of Wool or of Animal Hair Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.51 | 2023 | +3.83% | +2.95% | View data |
| 2 | 2 Germany | 30.99 | 2023 | +4.39% | +7.03% | View data |
| 3 | 3 Croatia | 8.51 | 2023 | -3.97% | -2.43% | View data |
| 4 | 4 Belgium | 4.63 | 2023 | -0.86% | -2.37% | View data |
| 5 | 5 United States | 3.75 | 2023 | +4.72% | +8.97% | View data |
| 6 | 6 Peru | 3.08 | 2023 | +5.24% | +6.88% | View data |
| 7 | 7 Serbia | 1.34 | 2023 | +2.53% | +3.49% | View data |
| 8 | 8 India | 0.87 | 2023 | -18.56% | -18.82% | View data |
| 9 | 9 China | 0.4 | 2023 | -30.82% | -24.34% | View data |
| 10 | 10 Australia | 0.13 | 2023 | +1.66% | -2.43% | View data |
