Wool traded flat at 1,221 AUD/100Kg on July 18, 2025. Over the past month, Wool's price has risen 1.16%, and is up 10.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wool - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Global price of Wool, Fine (PWOOLFUSDM) from Jan 1990 to Jun 2025 about wool, World, and price.

Wool Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

The global Merino wool market is experiencing robust growth, driven by increasing demand for sustainable and high-quality natural fibers. The market size in 2025 is estimated at $2.5 billion, projecting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors. The rising popularity of Merino wool in apparel, particularly in high-performance sportswear and luxury garments, is a significant driver. The superior comfort, breathability, and moisture-wicking properties of Merino wool make it highly sought after by consumers. Furthermore, the growing awareness of the environmental benefits of sustainable and ethically sourced materials is boosting demand for this natural fiber. Increased investment in research and development to improve processing techniques and create innovative Merino wool products further contributes to market expansion. The home textile segment is also witnessing substantial growth, as consumers increasingly prefer the softness, warmth, and durability of Merino wool blankets, rugs, and other home furnishings. However, the market faces certain challenges. Fluctuations in raw material prices, coupled with the impact of climate change on sheep farming and wool production, pose potential restraints. Competition from synthetic alternatives and the high cost of Merino wool compared to other fibers can also limit market penetration, particularly in price-sensitive segments. To mitigate these challenges, market players are focusing on developing innovative production methods, optimizing supply chains, and promoting the unique value proposition of Merino wool to enhance its market competitiveness. The segmentation of the market into Worsted and Woollen types, coupled with the applications across apparel, home textiles, and other segments, presents numerous opportunities for growth and diversification within the industry. Geographical expansion, particularly in emerging markets with rising disposable incomes and a growing preference for premium materials, is also a significant area of focus for businesses operating in the Merino wool market. This report provides a detailed analysis of the global merino wool market, valued at approximately $2 billion in 2023, projected to reach $2.5 billion by 2028. It explores market dynamics, key players, and future trends, offering valuable insights for businesses operating in or considering entering this lucrative sector. This report utilizes data from reputable market research firms and industry publications, providing a robust and reliable analysis of the merino wool market.

Graph and download economic data for Global price of Wool, Coarse (PWOOLCUSDM) from Jan 1990 to Jun 2025 about wool, World, and price.

China Wool Textile & Fine Dyeing Processing: Selling & Distribution Cost: Year to Date data was reported at 1,590.980 RMB mn in Dec 2018. This records a decrease from the previous number of 1,603.150 RMB mn for Nov 2018. China Wool Textile & Fine Dyeing Processing: Selling & Distribution Cost: Year to Date data is updated monthly, averaging 907.023 RMB mn from Jan 2002 (Median) to Dec 2018, with 180 observations. The data reached an all-time high of 3,066.920 RMB mn in Dec 2015 and a record low of 159.340 RMB mn in Feb 2002. China Wool Textile & Fine Dyeing Processing: Selling & Distribution Cost: Year to Date data remains active status in CEIC and is reported by China Textile Industry Association. The data is categorized under China Premium Database’s Textile Sector – Table CN.RSC: Textile Industry: Textile: Wool Textile and Fine Dyeing Processing.

Graph and download economic data for Global price of Wool, Coarse (PWOOLCUSDQ) from Q1 1990 to Q1 2025 about wool, World, and price.

The Wholesale Price Index of woolen yarn across India during financial year 2024 was almost 118. The price index of yarn increased by about 16 percent from the base financial year of 2012. An overall increase in the price was seen from the financial year 2013 in the country.

According to Cognitive Market Research, the global Pure Wool market size will be USD 28614.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 11445.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 8584.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 6581.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1430.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 572.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The woven application is the dominant segment due to its extensive use in textiles like clothing, upholstery, and carpets

Market Dynamics of Pure Wool Market

Key Drivers for Pure Wool Market

Increasing Demand for Sustainable and Eco-friendly Textiles to Boost Market Growth

As consumers become more environmentally conscious, there is a growing preference for sustainable materials, including pure wool. Wool is biodegradable, renewable, and requires fewer resources to produce compared to synthetic alternatives. This increasing demand for eco-friendly products is driving the market for pure wool, particularly in sectors like fashion, home textiles, and interior design. Consumers are seeking products that align with their environmental values, thus elevating the demand for wool-based goods and pushing companies to innovate sustainable wool offerings. For instance, in November 2022, Savio announced the launch of a new automatic winding machine, Proxima Smartconer, in the Indian market. Such innovations are projected to increase productivity

(Source:https://saviospa.com/en/machines/proxima-smartconer-r)

Rising Popularity of Premium and Luxury Wool Products to Drive Market Growth

There is a notable rise in the consumption of premium and luxury wool products, particularly in fashion and high-end home furnishings. Pure wool, known for its softness, durability, and breathability, is increasingly preferred for high-quality garments, such as suits, sweaters, and blankets. Additionally, the growing demand for wool in the automotive and interior design sectors, where it is used for upholstery and high-end textiles, further strengthens the market. This trend is not only expanding wool’s market reach but also increasing its perceived value as a luxury material.

Restraint Factor for the Pure Wool Market

High Production and Processing Costs, will Limit Market Growth

The production of pure wool involves significant costs, from breeding and shearing sheep to the complex processing of wool fibers. These processes require skilled labor, specialized equipment, and extensive land resources, which contribute to high operational costs. Additionally, the high cost of transporting raw wool from farms to manufacturing facilities further drives up expenses. These elevated costs make pure wool products more expensive compared to synthetic or blended fibers, limiting their accessibility for price-sensitive consumers. This challenge can hinder market growth, particularly in regions where affordability is a major factor in textile choices.

Impact of Covid-19 on the Pure Wool Market

Covid-19 pandemic had a significant impact on the Pure Wool Market, disrupting both supply chains and consumer demand. During the initial phases of the pandemic, manufacturing facilities faced temporary closures, and logistical challenges arose due to restricted transportation and labor shortages. These disruptions resulted in delayed production and increased operational costs. On the demand side, economic uncertainty led to reduced consumer spending, particularly on luxury goods such as high-quality wool products. However, as the world adapted to new consumer behaviors, there was a renewed focus on sustainable and comfortable home textiles, which benefited the wool market, especiall...

China Wool Top & Wool Yarn Processing: Profit to Cost Ratio data was reported at 4.965 % in Oct 2015. This records an increase from the previous number of 4.900 % for Sep 2015. China Wool Top & Wool Yarn Processing: Profit to Cost Ratio data is updated monthly, averaging 4.931 % from Dec 2006 (Median) to Oct 2015, with 83 observations. The data reached an all-time high of 7.039 % in Dec 2013 and a record low of -0.289 % in Feb 2009. China Wool Top & Wool Yarn Processing: Profit to Cost Ratio data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHE: Wool Textile and Fine Dyeing Processing: Wool Top and Wool Yarn Processing.

Within the given period, the average price per kilogram of wool in Eastern Australia was at its highest in 2019 at ***** Australian dollars per kilogram. In 2023 and 2024, average wool prices trended downwards in Eastern Australia, sinking to **** Australian dollars per kilogram in 2024.

Sheep statistics, quantity of raw wool purchased, used on farms, price and farm value, annual, Canada and provinces (kilograms unless otherwise noted). Data are available on an annual basis.

In the financial year 2024, the price index of wool in Australia was estimated to be ****. The source predicted that the price index of wool in the fiscal year 2025 would decrease to **** points.

Wool Price in Turkey - 2023. Find the latest marketing data on the IndexBox platform.

Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars.

Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Wool Price in Ireland - 2023. Find the latest marketing data on the IndexBox platform.

China Wool Top & Wool Yarn Processing: YoY: Cost of Sales: Year to Date data was reported at -0.890 % in Dec 2018. This records a decrease from the previous number of 1.030 % for Nov 2018. China Wool Top & Wool Yarn Processing: YoY: Cost of Sales: Year to Date data is updated monthly, averaging 5.980 % from Jan 2012 (Median) to Dec 2018, with 84 observations. The data reached an all-time high of 20.861 % in Feb 2015 and a record low of -3.290 % in Mar 2016. China Wool Top & Wool Yarn Processing: YoY: Cost of Sales: Year to Date data remains active status in CEIC and is reported by China Textile Industry Association. The data is categorized under China Premium Database’s Textile Sector – Table CN.RSC: Textile Industry: Wool Textile and Fine Dyeing Processing: Wool Top and Wool Yarn Processing.

China Wool Top & Wool Yarn Processing: YoY: Selling and Distribution Cost: Year to Date data was reported at 15.327 % in Oct 2015. This records a decrease from the previous number of 18.355 % for Sep 2015. China Wool Top & Wool Yarn Processing: YoY: Selling and Distribution Cost: Year to Date data is updated monthly, averaging 16.896 % from Jan 2006 (Median) to Oct 2015, with 89 observations. The data reached an all-time high of 145.450 % in Feb 2006 and a record low of -44.000 % in Feb 2009. China Wool Top & Wool Yarn Processing: YoY: Selling and Distribution Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHE: Wool Textile and Fine Dyeing Processing: Wool Top and Wool Yarn Processing.

In June 2022, the wool price per tonamounted to $5,184 per ton, with a decrease of -12.7% against the previous month.

This report analyses trends in the domestic price of wool in the United Kingdom. The data is sourced from the British Wool Marketing Board (BMWB) in addition to estimates by IBISWorld. The figures represent averages of the BWMB price indicator for greasy wool over financial years (April to March). Prices are recorded in pence per kilogram and are expressed in current terms.