In 2023, China remained the dominant exporter of carded or combed wool and animal hair, with a steady growth rate of 0.77%, reflecting its consistent global leadership. The Czech Republic and Germany saw slight declines, whereas Italy and Argentina experienced moderate growth. Notable increases were observed in exports from Peru, Bulgaria, Egypt, and emerging markets like Morocco, Belarus, Estonia, and Singapore, indicating growing capabilities. However, significant contractions were recorded in Malaysia, Japan, and Hungary, highlighting regional volatility. Over the past five years, the compound annual growth rate revealed strong performances in Bulgaria, Estonia, and Singapore, contrasted by pronounced declines in Malaysia and other markets.
Future trends to watch include:
- Potential for increased competition as developing countries enhance production capabilities.
- Shifts in demand from traditional markets to emerging economies offering cost efficiencies and labor advantages.
- Technological advancements in textile processing, potentially affecting global export dynamics.
- Environmental concerns leading to increased preference for sustainable sourcing, changing supplier landscapes.
Top countries in Export of Wool and Fine or Coarse Animal Hair Carded or Combed by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 912,250,000 | 2023 | +1.94% | +0.77% | View data |
| 2 | 2 Czech Republic | 252,340,000 | 2023 | +2.2% | -0.5% | View data |
| 3 | 3 Italy | 216,220,000 | 2023 | +2.21% | +1.5% | View data |
| 4 | 4 Argentina | 162,700,000 | 2023 | +1.7% | +1% | View data |
| 5 | 5 Germany | 143,820,000 | 2023 | -0.17% | -0.8% | View data |
| 6 | 6 Uruguay | 117,770,000 | 2023 | -0.81% | -1.6% | View data |
| 7 | 7 Peru | 107,520,000 | 2023 | +3.96% | +3.21% | View data |
| 8 | 8 Bulgaria | 91,370,000 | 2023 | +5.02% | +3.59% | View data |
| 9 | 9 South Africa | 66,069,000 | 2023 | -1.02% | +0.33% | View data |
| 10 | 10 Egypt | 51,872,000 | 2023 | +3.99% | +7.03% | View data |
