Report Update Nov 1, 2024

Australia - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Australia: Woolen Yarn Market 2024

Woolen Yarn Market Size in Australia

The Australian woolen yarn market skyrocketed to $X in 2021, with an increase of 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a mild curtailment. Woolen yarn consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Woolen Yarn Exports

Exports from Australia

In 2021, overseas shipments of yarn of wool increased by 4.9% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, saw a precipitous decrease. The pace of growth was the most pronounced in 2016 with an increase of 331% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, woolen yarn exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a dramatic downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), Turkey (X tons) and Malaysia (X tons) were the main destinations of woolen yarn exports from Australia, with a combined 90% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +630.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for woolen yarn exported from Australia were New Zealand ($X), Turkey ($X) and Brazil ($X), with a combined 88% share of total exports. Malaysia, the UK and China lagged somewhat behind, together comprising a further 5.5%.

Malaysia, with a CAGR of +132.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average woolen yarn export price stood at $X per ton in 2021, growing by 116% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Yarn Imports

Imports into Australia

In 2021, purchases abroad of yarn of wool increased by 47% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, continue to indicate a pronounced curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, woolen yarn imports skyrocketed to $X in 2021. Overall, imports, however, saw a noticeable decrease. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, New Zealand (X tons) constituted the largest supplier of woolen yarn to Australia, with a 67% share of total imports. Moreover, woolen yarn imports from New Zealand exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Portugal (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from New Zealand amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.7% per year) and Portugal (+78.2% per year).

In value terms, New Zealand ($X), China ($X) and India ($X) constituted the largest woolen yarn suppliers to Australia, together comprising 80% of total imports. Portugal, Thailand, Indonesia and Turkey lagged somewhat behind, together comprising a further 8.5%.

Portugal, with a CAGR of +93.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average woolen yarn import price amounted to $X per ton, reducing by -8% against the previous year. Over the period under review, the import price continues to indicate a slight reduction. The growth pace was the most rapid in 2014 an increase of 12%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yarn of wool in the world?

The countries with the highest volumes of woolen yarn consumption in 2020 were China, India and Italy, with a combined 42% share of global consumption.

What are the largest producers of yarn of wool in the world?

China remains the largest woolen yarn producing country worldwide, accounting for 26% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India, twofold. Italy ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of yarn of wool to Australia?

In value terms, New Zealand, China and Italy were the largest woolen yarn suppliers to Australia, together accounting for 80% of total imports. These countries were followed by India, Turkey and Indonesia, which together accounted for a further 10%.

What are the leading importers of yarn of wool from Australia?

In value terms, New Zealand remains the key foreign market for woolen yarn exports from Australia, comprising 80% of total exports. The second position in the ranking was occupied by Malaysia, with a 5.7% share of total exports. It was followed by Belgium, with a 1.1% share.

What is the average export price for yarn of wool in Australia?

The average woolen yarn export price stood at $6,762 per ton in 2020, which is down by -12.1% against the previous year.

What is the average import price for yarn of wool in Australia?

In 2020, the average woolen yarn import price amounted to $12,279 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the woolen yarn market in Australia. 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023