Home / Knowledge / News / Textiles / Value of wool exports increases y-o-y since Sept 2006

Value of wool exports increases y-o-y since Sept 2006

15
Jun '07
An increase in value and volume of Australian raw wool exports (all wool except sheepskins) in March were consistent with general trends seen in December and January, but not for February where increases in both value and volume were more dramatic.

The value of Australian wool exports has increased year-on-year since September 2006, after a mixed period in 2006 and continuous declines in 2005.

The strong increase in the value of Australian wool exports in March year-on-year and for the 2006/07 season to March can be explained by large increases in Australian wool auction prices year-on-year.

February prices are an indicator of March export values as export shipment preparation takes about a month. Average prices in February, as measured by the Eastern Market Indicator, rose by 23% year-on-year - very close to the increase in the value of raw wool exports.

In the 19 micron and finer wool category, the value and volume of Australian raw wool exports rose more than in the other micron categories.

The top five export destinations by volume (and by value) for the 2006/07 season to the end of March 2007 were China, Italy, India, Taiwan, and the Czech Republic. China's market share has increased at the expense of most other significant export destinations, although India is a notable exception.

Australian Wool Innovation Limited


Must ReadView All

Pic: Shutterstock

Textiles | On 17th Sep 2021

UK again delays post-Brexit import trade controls

The United Kingdom has again delayed the implementation of some...

Pic: Shutterstock

Retail | On 17th Sep 2021

American retailers oppose business tax rate increases

The National Retail Federation (NRF) has opposed the proposed...

Pic: Shutterstock

Apparel/Garments | On 17th Sep 2021

Bangladesh looking to boost man-made fibre apparel exports: TexPro

Bangladesh is looking to focus on the man-made fibre apparel market...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

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


Advanced Search