In 2023, the global export market for greasy shorn wool was led by Australia with substantial exports, notably impacting the landscape with a steady growth of 1.9% year-on-year. South Africa experienced a notable increase of 3.31%, highlighting its potential in the market. New Zealand, however, faced a slight decline of 0.62%. Argentina and Uruguay had moderate performances, with minor fluctuations. European countries like Spain and Portugal showed positive growth, contrasting with declines in Belgium and France. Emerging markets like Denmark saw significant gains, while some Eastern European countries faced steep challenges.
Future trends to watch include technological advancements in wool processing, shifting consumer preferences for sustainable materials, and fluctuating trade policies influencing global demand. Australian dominance is expected to continue, but evolving dynamics could see other nations increasing their market share. Sustainability initiatives and innovations in the textile industry may redefine market strategies and performance in the near future.
Top countries in Export of Greasy Shorn Wool by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 2,964,400,000 | 2023 | +2.16% | +1.9% | View data |
| 2 | 2 South Africa | 455,100,000 | 2023 | +3.68% | +3.31% | View data |
| 3 | 3 New Zealand | 182,380,000 | 2023 | +0.15% | -0.62% | View data |
| 4 | 4 Argentina | 63,997,000 | 2023 | +1.34% | +2.42% | View data |
| 5 | 5 Uruguay | 46,033,000 | 2023 | +1.07% | -0.15% | View data |
| 6 | 6 Spain | 39,998,000 | 2023 | +3.55% | +3.6% | View data |
| 7 | 7 Peru | 33,623,000 | 2023 | +4.27% | +2.91% | View data |
| 8 | 8 Brazil | 30,929,000 | 2023 | +2.25% | +1.94% | View data |
| 9 | 9 United States | 20,185,000 | 2023 | +2.12% | +2.21% | View data |
| 10 | 10 United Kingdom | 16,549,000 | 2023 | -1.99% | +0.89% | View data |
