The global export market for greasy shorn wool is dominated by Australia, which commands a significant 70.28% share. South Africa follows with a 10.79% share, while New Zealand, Argentina, and Uruguay hold smaller market slices. Among the countries experiencing positive year-over-year growth in 2023 are South Africa (3.31%) and Spain (3.6%), with notable declines for Canada (-6.41%) and Greece (-12.41%). Over the last five years, the cumulative annual growth rate has seen varied trends, with Denmark experiencing the highest growth (17.75%) in 2023, while Kyrgyzstan faced a stark contraction (-16.3%).
Future trends to observe include potential shifts in wool demand due to sustainability and ethical fashion movements, which might alter global trade dynamics. Additionally, technological innovations in textile processing and changes in key importing countries' economic policies could influence market shares.
Top countries in Export of Greasy Shorn Wool Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 70.28 | 2023 | +2.16% | +1.9% | View data |
| 2 | 2 South Africa | 10.79 | 2023 | +3.68% | +3.31% | View data |
| 3 | 3 New Zealand | 4.32 | 2023 | +0.15% | -0.62% | View data |
| 4 | 4 Argentina | 1.52 | 2023 | +1.34% | +2.42% | View data |
| 5 | 5 Uruguay | 1.09 | 2023 | +1.07% | -0.15% | View data |
| 6 | 6 Spain | 0.95 | 2023 | +3.55% | +3.6% | View data |
| 7 | 7 Peru | 0.8 | 2023 | +4.27% | +2.91% | View data |
| 8 | 8 Brazil | 0.73 | 2023 | +2.25% | +1.94% | View data |
| 9 | 9 United States | 0.48 | 2023 | +2.12% | +2.21% | View data |
| 10 | 10 United Kingdom | 0.39 | 2023 | -1.99% | +0.89% | View data |
