World - Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThe Wool Industry
The wool industry is a sector dedicated to the production, processing, and trade of wool, which is derived from the fleece of domesticated sheep. It is a vital part of the global textile industry and has been prominent for centuries, contributing to the economic growth of many countries.
One key aspect of the wool industry is sheep farming, which involves raising sheep specifically for their wool production. These animals are typically bred and kept in specialized farms, where they are provided with proper care, nutrition, and living conditions to ensure the quality of their fleece. Sheep are shorn annually, usually in spring, using electric clippers or manual shears, to remove their wool which can then be processed.
Once the wool is harvested, it undergoes a series of processes to transform it into a desirable textile fiber. The first step is called grading, which involves sorting and classifying the wool according to various characteristics such as fineness, crimp, and color. This helps determine the potential uses of the wool and its market value. The graded wool is then thoroughly cleaned to remove impurities like dirt, grease, and vegetable matter through a process known as scouring.
After scouring, the wool goes through a carding process where it is passed through sets of rollers with wire teeth to align the fibers and remove any remaining impurities. This process creates a continuous untwisted strand called a sliver. The sliver can then be further processed through spinning, which twists and stretches the fibers to create yarn. The yarn is then used in various textile applications like weaving and knitting to produce fabrics and garments.
The wool industry contributes significantly to the economies of many countries. China is the largest wool producer globally, followed by Australia, New Zealand, and the United States. These countries have a long history of wool production and possess extensive sheep populations. The industry provides employment opportunities not only in sheep farming but also in wool processing mills, textile manufacturing, and the retail sector.
Wool is highly valued for its unique natural properties. It is an excellent insulator, keeping the body warm in cold weather while allowing breathability. It is resistant to wrinkles, dirt, and fire, making it a durable and low-maintenance textile. Wool also has natural elasticity and can be spun into fine threads, making it suitable for a wide range of products from clothing to upholstery.
However, the wool industry faces various challenges. One of the primary issues is the fluctuating demand for wool products due to changing fashion trends and the popularity of synthetic fibers. Additionally, the industry must address concerns related to animal welfare and sustainable farming practices to meet consumer expectations regarding ethical and eco-friendly products.
This report provides an in-depth analysis of the global wool market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13102200 - Wool, degreased or carbonised, not carded or combed
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Discover the key importing countries and trends in the global market for wool, driven by the demand for natural and sustainable fibers. China, India, Italy, South Korea, and Malaysia lead the industry, offering opportunities for exporters to tap into these lucrative markets.
In value terms, wood wool and wood flour imports amounted to $X in 2016. Overall, wood wool and wood flour imports continue to indicate a temperate slump. Over the period under review, global wood w...
In value terms, fine and coarse animal hair imports amounted to $X in 2016. Overall, fine and coarse animal hair imports continue to indicate a relatively flat trend pattern. Global fine and coarse...
In value terms, wool waste and coarse animal hair waste imports stood at $X in 2016. In general, wool waste and coarse animal hair waste imports continue to indicate a relatively flat trend pattern...
In value terms, wood wool and wood flour exports amounted to $X in 2016. Overall, wood wool and wood flour exports continue to indicate a relatively flat trend pattern. Over the period under review,...
In value terms, wool waste and coarse animal hair waste exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, t...
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
China dominates in the global wool grease trade. In 2014, China exported X thousand tons of wool grease totaling X million USD, X% under the previous year. Its primary trading partner was Japan, where it supplied X% of its total wool grease expor