Wool traded flat at 1,724 AUD/100Kg on March 27, 2026. Over the past month, Wool's price has risen 0.47%, and is up 38.47% 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 March of 2026.

Graph and download economic data for Global price of Wool, Fine (PWOOLFUSDM) from Jan 1992 to Feb 2026 about wool, World, and price.

Graph and download economic data for Global price of Wool, Coarse (PWOOLCUSDA) from 2010 to 2025 about wool, World, and price.

View yearly updates and historical trends for US Wool Price Received. from United States. Source: US Department of Agriculture. Track economic data with Y…

Graph and download economic data for Global price of Wool, Coarse (PWOOLCUSDQ) from Q1 2010 to Q4 2025 about wool, World, and price.

In the financial year 2025, the price index of wool in Australia was estimated to be ****. The source predicted that the price index of wool in the fiscal year 2026 would decrease to **** points.

This statistic shows the average price of wool paid to producers in Canada in 2022, by region. Wool producers in British Columbia were paid an average of 1.08 Canadian dollars per kilogram in 2022, compared to 0.09 Canadian dollars per kilogram for wool producers in Quebec.

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.

Russia Avg Producer Price: OKPD2: Textile: Yarn: Wool data was reported at 767,396.060 RUB/Ton in Jan 2019. This records an increase from the previous number of 752,612.890 RUB/Ton for Dec 2018. Russia Avg Producer Price: OKPD2: Textile: Yarn: Wool data is updated monthly, averaging 753,023.210 RUB/Ton from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 814,537.870 RUB/Ton in Apr 2018 and a record low of 713,754.940 RUB/Ton in Jan 2018. Russia Avg Producer Price: OKPD2: Textile: Yarn: Wool data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB004: Average Producer Price: Textile.

The Australian wool market from 2020 to 2024 operated within a global context where China, the United States, and India were the leading consumers, while China, the United States, and New Zealand were the top producers. Australia's trade patterns showed a heavy reliance on imports from New Zealand, which dominated its supply, while its exports were primarily directed to markets in South Korea, Thailand, and Italy. The period was characterized by diverging price trends: the average export price for wool from

snapshot-tab-pane Wool Market Size 2025-2029The wool market size is forecast to increase by USD 14.9 billion at a CAGR of 6.4% between 2024 and 2029.The market is experiencing significant growth, driven by increasing exports from emerging economies, particularly China and India. These countries have become major players in the production and export of wool, contributing to the market's expansion. However, this trend also presents challenges, as limited access to raw materials in some regions may lead to price volatility and supply chain disruptions. Wool producers are focusing on improving sheep rearing practices and exploring new applications for wool, such as keratin fibers, to remain competitive. Consumers, particularly millennials, are increasingly drawn to the natural, biodegradable properties of wool, which offer superior insulation and durability.This trend is particularly strong in the apparel industry, where wool is increasingly being used in the production of high-performance clothing for outdoor activities and everyday wear. Despite these opportunities, companies operating in the market face significant challenges. Limited access to raw materials, particularly in some regions, can make it difficult to maintain consistent supply and meet demand. Additionally, the market is highly competitive, with a large number of players vying for market share. To succeed in this environment, companies must focus on innovation, sustainability, and operational efficiency, while also building strong relationships with suppliers and customers. By staying agile and responsive to changing market dynamics, they can capitalize on emerging opportunities and navigate challenges effectively.What will be the Size of the Wool Market during the forecast period? Request Free SampleThe market encompasses a diverse range of natural fibers, including Merino, crossbred, specialty wools from Teeswater, Shetland, Peruvian, and Cashmere breeds, among others. This market exhibits significant activity, driven by the cultural significance of wool as a sustainable fiber and its versatility in various applications. Woolen yarns and clothes, as well as accessories, continue to be popular choices for consumers, particularly millennials drawn to fiber's quality and natural origins. Wool's unique properties, such as its biodegradability, insulation capabilities, and resistance to wrinkles, make it a sought-after alternative to synthetic fibers. Wool farming practices, which include rearing sheep and processing keratin fibers, have evolved to meet modern sustainability standards.Wool is also used extensively in industries like upholstery, insulation, and carpets, and holds a rich history in literature, art, and fashion. Certifications, spinning tools, and wool types catering to various industries and consumer preferences further fuel the market's growth. Wool's versatility and appeal are reflected in its use in clothing sales, advertising, and television, as well as in crafts and woolen accessories. With ongoing advancements in wool production and processing technologies, this market is expected to remain a dynamic and essential sector in the textile industry.How is this Wool Industry segmented?The wool industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.Application ApparelsInterior textilesSource Merino woolTeeswater woolCashmere woolOthersType Fine woolMedium woolCoarse woolForm Factor Scoured woolRaw woolWashed woolCarbonized woolGeography APAC AustraliaChinaIndiaJapanSouth KoreaEurope GermanyUKNorth America USCanadaSouth America BrazilMiddle East and Africa By Application InsightsThe apparels segment is estimated to witness significant growth during the forecast period. The market holds a prominent role in the textile industry, serving various sectors including fashion, home furnishings, and sports apparel. Wool, derived from the Ovis genus, is a highly valued natural fiber due to its inherent properties of durability, breathability, and thermal insulation. Merino wool, a fine and soft variety, is popular for its superior comfort and flexibility. Crossbred wool, a blend of Merino and other breeds, offers enhanced strength and resistance to pilling. Synthetic alternatives have emerged, but wool's sustainable, biodegradable, and compostable qualities continue to attract consumers. Wool producers in Australia, New Zealand, and Peru are significant contributors to the global supply.Worsted processing enhances the wool's texture and appearance, while weaving tools like the Proxima Smartconer improve production efficiency. Wool's benefits extend beyond textiles, as it is used in various industr

View monthly updates and historical trends for Australia Wool Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

This statistic illustrates the average annual output price index of wool clip in the United Kingdom (UK) from 1994 to 2023. As of 2014, the index year 2020 equaled 100 points. In 2023, it was reported that the index was at *** points.

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

According to Cognitive Market Research, the global Pure Wool market size was 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, especially in...

View monthly updates and historical trends for Australia Fine Wool Spot Price. Source: International Monetary Fund. Track economic data with YCharts analy…

This statistic shows the average price of wool paid to producers in Canada from 2009 to 2018. Wool producers were paid an average of 1.10 Canadian dollars per kilogram in 2018, decreasing from 1.38 Canadian dollars paid in 2016.

Discover the booming merino wool market! Explore its $2.5 billion (2025) value, 5% CAGR growth, key drivers, and leading companies. Learn about regional trends and the future of sustainable, high-quality natural fibers in apparel and home textiles.

The Cotton and Wool Yearbook contains U.S. cotton and wool production, supply, use, trade, and price statistics. The tables also include domestic and world price series and indexes; State cotton acreage, yield, and production data; and conversions of U.S. textile imports and exports.

Previous editions of the Cotton and Wool Yearbook Archive are available here. Of related interest are Cotton and Wool Outlook Reports.

• U.S. Cotton Supply and Demand
• Cotton Prices
• World Cotton Supply and Demand
• U.S. Fiber Demand
• U.S. Wool Supply and Demand
• U.S. Textile Fiber Trade
• All Tables

Discover the booming Merino wool market! Explore its $2.5 billion (2025) value, 5% CAGR growth projection to 2033, key drivers, regional trends, and leading companies. Learn about market segmentation and future opportunities in this sustainable textile sector.