Home / Knowledge / News / Textiles / Wool exports surge in value, China stands as top consumer
Wool exports surge in value, China stands as top consumer
Sep '08
According to statistics revealed by Uruguayan Wool Secretariat, wool export in 2007-08, totaled 60 million kilos, leading to a increase of a remarkable 8.2 percent in value, while sheep farming exports touched US $320 million, climbing by 8.4 percent.

Of the total $320 million sheep farming exports, wool represented 76.2 percent equivalent to $243 million, up 8.2 percent over the previous season. On the other hand, shipments of sheep skins increased by 24 percent to $3.1 million and that of live sheep dropped 49 percent to $9.2 in the same period.

However, it has been noted that exports of 60 million kilos of wool clip is about 7.4 percent less than the amount recorded last year. Of this 80 percent underwent some or the other form of industrialized process while only 19 percent was shipped greasy.

China remained the largest consumer of Uruguayan wool absorbing about 44 percent of the country's total exports and representing a 10.6 percent mount over the same period a year ago. China was followed by Italy, Spain, Bulgaria, India and Germany.

As for the current clip, a total of about 42 million kilos have been sheared and total exports in the wool year that just began, is expected to reach $350 million. The overall industry assets are estimated at $100 million, including the flock, land and industry hardware.

However, head count of flock in Uruguay, which stood above 26 million at one time, has dropped considerably to 9.7 million head, down from 10 million a year ago. Experts have blamed falling prices for wool and soaring prices for beef, grains and oilseeds as two of the major reasons behind this decline which also reduced the size of sheep farming.

Must ReadView All

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search