| Product Code: ETC5382025 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continues to see a strong demand for wool yarn, with Peru, China, Italy, UK, and Belgium emerging as the top exporters. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 54.18% from 2020 to 2024 highlights the increasing popularity of wool yarn in Ireland. However, the negative growth rate of -23.14% in 2024 suggests a potential slowdown in the market, which could be influenced by various factors such as economic conditions or shifting consumer preferences.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Wool Yarn Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Wool Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Wool Yarn Market - Industry Life Cycle |
3.4 Ireland Wool Yarn Market - Porter's Five Forces |
3.5 Ireland Wool Yarn Market Revenues & Volume Share, By Yarn Type, 2021 & 2031F |
3.6 Ireland Wool Yarn Market Revenues & Volume Share, By Wool Type, 2021 & 2031F |
3.7 Ireland Wool Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Wool Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly products |
4.2.2 Increasing popularity of knitting and crafts as a hobby |
4.2.3 Rising awareness about the benefits of wool yarn in terms of warmth and durability |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from synthetic yarn alternatives |
4.3.3 Impact of seasonality on sales |
5 Ireland Wool Yarn Market Trends |
6 Ireland Wool Yarn Market Segmentations |
6.1 Ireland Wool Yarn Market, By Yarn Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Wool Yarn Market Revenues & Volume, By Worsted, 2021-2031F |
6.1.3 Ireland Wool Yarn Market Revenues & Volume, By Woolen, 2021-2031F |
6.2 Ireland Wool Yarn Market, By Wool Type |
6.2.1 Overview and Analysis |
6.2.2 Ireland Wool Yarn Market Revenues & Volume, By Merino Wool, 2021-2031F |
6.2.3 Ireland Wool Yarn Market Revenues & Volume, By Peruvian Highland Wool, 2021-2031F |
6.2.4 Ireland Wool Yarn Market Revenues & Volume, By Teeswater Wool, 2021-2031F |
6.2.5 Ireland Wool Yarn Market Revenues & Volume, By Shetland Wool, 2021-2031F |
6.2.6 Ireland Wool Yarn Market Revenues & Volume, By Cashmere Wool, 2021-2031F |
6.2.7 Ireland Wool Yarn Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ireland Wool Yarn Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ireland Wool Yarn Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.3 Ireland Wool Yarn Market Revenues & Volume, By Sports, 2021-2031F |
6.3.4 Ireland Wool Yarn Market Revenues & Volume, By Blazers, 2021-2031F |
6.3.5 Ireland Wool Yarn Market Revenues & Volume, By Jacketing, 2021-2031F |
6.3.6 Ireland Wool Yarn Market Revenues & Volume, By Others, 2021-2031F |
6.3.7 Ireland Wool Yarn Market Revenues & Volume, By Upholstery Fabrics, 2021-2031F |
6.3.8 Ireland Wool Yarn Market Revenues & Volume, By Flooring, 2021-2031F |
6.3.9 Ireland Wool Yarn Market Revenues & Volume, By Flooring, 2021-2031F |
7 Ireland Wool Yarn Market Import-Export Trade Statistics |
7.1 Ireland Wool Yarn Market Export to Major Countries |
7.2 Ireland Wool Yarn Market Imports from Major Countries |
8 Ireland Wool Yarn Market Key Performance Indicators |
8.1 Average selling price of wool yarn |
8.2 Percentage of repeat customers |
8.3 Number of new product launches in the wool yarn segment |
9 Ireland Wool Yarn Market - Opportunity Assessment |
9.1 Ireland Wool Yarn Market Opportunity Assessment, By Yarn Type, 2021 & 2031F |
9.2 Ireland Wool Yarn Market Opportunity Assessment, By Wool Type, 2021 & 2031F |
9.3 Ireland Wool Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Wool Yarn Market - Competitive Landscape |
10.1 Ireland Wool Yarn Market Revenue Share, By Companies, 2024 |
10.2 Ireland Wool Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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