| Product Code: ETC5383089 | 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 saw a diverse range of countries exporting wool worsted yarn, with Bulgaria, Romania, UK, Peru, and Italy leading the pack. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, suggesting a competitive market landscape. Despite a notable Compound Annual Growth Rate (CAGR) of 10.25% from 2020 to 2024, the growth rate experienced a slight decline of -14.02% from 2023 to 2024. This fluctuation may be attributed to various factors impacting the yarn industry, highlighting the need for continuous monitoring and strategic planning within the market.

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 Worsted Yarn Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Wool Worsted Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Wool Worsted Yarn Market - Industry Life Cycle |
3.4 Ireland Wool Worsted Yarn Market - Porter's Five Forces |
3.5 Ireland Wool Worsted Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ireland Wool Worsted Yarn Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Ireland Wool Worsted 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 craftsmanship as hobbies |
4.2.3 Rising awareness about the quality and durability of wool worsted yarn |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from synthetic and alternative yarn materials |
4.3.3 Seasonal demand variations |
5 Ireland Wool Worsted Yarn Market Trends |
6 Ireland Wool Worsted Yarn Market Segmentations |
6.1 Ireland Wool Worsted Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Wool Worsted Yarn Market Revenues & Volume, By Tropical Worsted Wool, 2021-2031F |
6.1.3 Ireland Wool Worsted Yarn Market Revenues & Volume, By Plain Weave Worsted Wool, 2021-2031F |
6.2 Ireland Wool Worsted Yarn Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Ireland Wool Worsted Yarn Market Revenues & Volume, By Clothing, 2021-2031F |
6.2.3 Ireland Wool Worsted Yarn Market Revenues & Volume, By Upholstery Fabric, 2021-2031F |
6.2.4 Ireland Wool Worsted Yarn Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Wool Worsted Yarn Market Import-Export Trade Statistics |
7.1 Ireland Wool Worsted Yarn Market Export to Major Countries |
7.2 Ireland Wool Worsted Yarn Market Imports from Major Countries |
8 Ireland Wool Worsted Yarn Market Key Performance Indicators |
8.1 Average selling price of Ireland wool worsted yarn |
8.2 Number of new product innovations or launches in the market |
8.3 Percentage of repeat customers or customer loyalty |
8.4 Sustainability certifications obtained by yarn manufacturers |
8.5 Export volume to key international markets |
9 Ireland Wool Worsted Yarn Market - Opportunity Assessment |
9.1 Ireland Wool Worsted Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ireland Wool Worsted Yarn Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Ireland Wool Worsted Yarn Market - Competitive Landscape |
10.1 Ireland Wool Worsted Yarn Market Revenue Share, By Companies, 2024 |
10.2 Ireland Wool Worsted 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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