Noils of Wool Market

Noils of wool market: download the latest datasets featured by an Ai-driven business intelligence platform. Datasets cover market size, market prices, production, trade, imports, consumption, companies, and exports. Here is a breakdown by country, including EU, Latin America, the U.K., China, the Middle East, the U.S., Africa, and Russia. Market insights and forecast to 2030 are also provided in the reports.

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Noils of Wool - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In China, the noils of wool market remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+0.9% per year) and the United States (-2.0% per year).

Noils Of Wool Prices

Noils of Wool - Top Importers

In value terms, Italy ($24M) constitutes the largest market for imported noils of wool or fine animal hair worldwide, comprising 51% of global imports. The second position in the ranking was occupied by Belgium ($3.7M), with a 7.8% share of global imports. It was followed by China, with a 6.5% share.

In Italy, noils of wool imports declined by an average annual rate of -26.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Belgium (+7.8% per year) and China (-38.2% per year).

Noils of Wool - Top Exporters

In value terms, the largest noils of wool supplying countries worldwide were China ($10M), the Czech Republic ($5.3M) and Belgium ($4.4M), with a combined 50% share of global exports.

Among the main exporting countries, Belgium saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Noils of Wool - Market Forecast

Driven by increasing demand for noils of wool worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Noils of Wool - Product Coverage

• HS 510310 - Wool and hair; noils of wool or of fine animal hair, including yarn waste, but excluding garnetted stock

Source: IndexBox Market Intelligence Platform