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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.
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Wool Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
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Graph and download economic data for Global price of Wool, Coarse (PWOOLCUSDM) from Jan 1990 to Feb 2025 about wool, World, and price.
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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.
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.
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In 2024, the Australian wool market increased by 29% to $73M, rising for the third consecutive year after three years of decline. Overall, consumption, however, recorded a mild slump. Over the period under review, the market hit record highs at $89M in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.
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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.
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.
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In June 2022, the wool price per tonamounted to $5,184 per ton, with a decrease of -12.7% against the previous month.
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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.
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.
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The German wool market stood at $47M in 2024, growing by 2.7% against the previous year. Overall, consumption, however, continues to indicate a pronounced decline. As a result, consumption attained the peak level of $100M. From 2014 to 2024, the growth of the market failed to regain momentum.
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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.
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.
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Graph and download economic data for Producer Price Index by Industry: Mineral Wool Manufacturing: Mineral Wool for Industrial, Equipment, and Appliance Insulation (PCU3279933279934) from Dec 1981 to Feb 2025 about wool, appliances, minerals, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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Wool Price in France - 2023. Find the latest marketing data on the IndexBox platform.
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.
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The Peruvian wool market rose slightly to $7.1M in 2024, picking up by 2.2% against the previous year. In general, consumption, however, recorded a abrupt setback. Over the period under review, the market reached the peak level at $17M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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In January 2023, the wool price amounted to $3,740 per ton (CIF, Germany), surging by 20% against the previous month.
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The Norwegian wool market shrank notably to $1.4M in 2024, with a decrease of -22.1% against the previous year. In general, consumption showed a deep setback. Wool consumption peaked at $4.7M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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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.