Wool Market Overview in the Czech Republic
The size of the wool market in the Czech Republic soared to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a mild increase. The growth pace was the most rapid in 2010 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.