Wool increased 96 AUD/100Kg or 8.32% since the beginning of 2025, 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 2025.

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

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

In the financial year 2024, the price index of wool in Australia was estimated to be 82.9. The source predicted that the price index of wool in the fiscal year 2025 would decrease to 81.1 points.

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

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.

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 169 points.

Graph and download economic data for Wholesale Price of Wool, Eastern Markets for Boston, MA (M0487AUS14460M267NNBR) from Jan 1890 to Dec 1917 about wool, Boston, wholesale, MA, price, and USA.

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, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors. The rising popularity of sustainable and eco-friendly fashion is a major driver, with consumers increasingly seeking ethically sourced and biodegradable alternatives to synthetic materials. The unique properties of merino wool, such as its softness, breathability, and temperature-regulating capabilities, also contribute to its appeal across various applications, including apparel, home textiles, and even specialized technical fabrics. Furthermore, technological advancements in wool processing and finishing are enhancing the performance and versatility of merino wool, opening up new avenues for innovation and product diversification. While challenges such as fluctuating raw material prices and competition from synthetic fibers exist, the overall market outlook remains positive, with significant growth potential in emerging markets and expanding applications. The market segmentation reveals a strong preference for worsted merino wool in apparel applications, particularly in high-end garments and sportswear. Growth in the home textile segment is also notable, driven by demand for luxurious and comfortable bedding, blankets, and other household items made from merino wool. Geographically, North America and Europe remain significant markets, but Asia-Pacific, particularly China and India, is exhibiting the fastest growth due to rising disposable incomes and increasing awareness of sustainable fashion trends. Key players in the market, including MerinoTex, Jiangsu Unitex, and Shanghai Solarwool, are actively investing in research and development to improve product quality, expand their product portfolio, and enhance their supply chains. The long-term forecast indicates a continued upward trajectory for the merino wool market, supported by favorable consumer trends, technological innovation, and the inherent advantages of this premium natural fiber. This in-depth report provides a comprehensive analysis of the global merino wool market, valued at approximately $2 billion in 2023. We delve into production trends, market segmentation, key players, and future growth projections, offering valuable insights for businesses operating within this dynamic sector. This report utilizes data and estimates from reputable industry sources to offer a nuanced understanding of the merino wool landscape.

In May 2023, the Wool price in Australia reached $7,799 per ton (FOB), showing a decrease of -6.4% compared to the previous month.

Within the given period, the average price per kilogram of wool in Eastern Australia was at its highest in 2019 at 17.42 Australian dollars per kilogram. In 2023 and 2024, average wool prices trended downwards in Eastern Australia, sinking to 11.7 Australian dollars per kilogram in 2024.

The Wool Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Volume (metric Tons) and Value (USD) for all the Above Segments.

In January 2023, the wool price amounted to $3,740 per ton (CIF, Germany), surging by 20% against the previous month.

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

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

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...

In 2023, the annual price of Responsible Wool Standard (RWS) wool in South Africa was around 177 South African rand (9.36 U.S. dollars) per kilogram. Over the observed period, the price decreased considerably from 209 South African rand (about 11.1 U.S. dollars) per kilogram in 2019.

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

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.

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