The global export market for wool, animal hair, horsehair yarn, and fabrics is prominently led by Australia, China, and Italy, which collectively dominate the market with significant shares. In 2023, Australia was leading with a share of 22.46%, followed by China at 17.82%, and Italy at 16.77%. Notable positive growth was observed in countries like South Africa, Romania, and Denmark. Conversely, countries like Germany, Sweden, and Malaysia experienced declines. Over the past five years, the compound annual growth rate (CAGR) indicated moderate growth trends across the leading exporters, with specific fluctuations influenced by regional dynamics and market demands.
Future trends to watch include:
- The potential impact of sustainability trends as consumers increasingly favor eco-friendly and ethically sourced textiles.
- Technological advancements in textile manufacturing that may shift market shares toward more technologically integrated countries.
- The implications of global trade policies, which could either restrain or enable certain countries to expand their export markets.
Top countries in Export of Wool, Animal Hair, Horsehair Yarn and Fabric Thereof Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 22.46 | 2023 | +1.7% | +1.31% | View data |
| 2 | 2 China | 17.82 | 2023 | +1.07% | +0.13% | View data |
| 3 | 3 Italy | 16.77 | 2023 | -0.15% | -0.84% | View data |
| 4 | 4 South Africa | 3.93 | 2023 | +2.83% | +2.63% | View data |
| 5 | 5 United Kingdom | 3.55 | 2023 | -0.45% | -0.87% | View data |
| 6 | 6 Czech Republic | 3.38 | 2023 | +1.73% | -0.54% | View data |
| 7 | 7 Germany | 3.06 | 2023 | -5.51% | -5.49% | View data |
| 8 | 8 Mongolia | 2.69 | 2023 | +1.87% | +0.75% | View data |
| 9 | 9 New Zealand | 2.29 | 2023 | -4.96% | -4.61% | View data |
| 10 | 10 Romania | 1.93 | 2023 | +3.58% | +2.77% | View data |
