Home / Knowledge / News / Textiles / Exports of broader wool records a smaller decline
Exports of broader wool records a smaller decline
Mar '08
Data released by the Australian Bureau of Statistics (ABS) has shown the volume of Australian wool exports in November 2007 (clean equivalents) dropped moderately compared with the same month in 2006. On the other hand, the value of exported wool rose solidly year-on-year.

A similar trend in wool exports appeared in the first five months of this season. The volume of clean wool exports fell year-on-year while the value of exported wool rose compared with the same period the previous season. This trend can be attributed to a shrinking supply of wool in Australia and rising auction wool prices.

For exports by micron category, falls occurred across the whole range in the first five months of this season by volume, although the 19 and finer micron category fell only slightly year-on-year.

The biggest fall by volume was recorded in the largest export micron category, 20-23 micron. Exports of broader wool (24 to 27 micron) recorded a smaller decline, whereas the 28 micron and broader wool category saw greater declines year-on-year.

In value terms, the 19 micron and finer and 24 to 27 micron categories rose year-on-year from July to November 2007. In contrast the value of exported wool in 20-23 micron and 28 micron and broader wool categories fell year-on-year.

Australian Wool Innovation Limited

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search