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Wool Price

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This commodity has no official global benchmark price, so "World (average)" is a simple, unweighted mean across whichever FAOSTAT-reporting countries had a producer price that year, computed by agri.markets — not a production-weighted figure, and not an official FAO statistic. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

RankCountryQuantity
1China367,505 t
2Australia318,000 t
3New Zealand131,182 t
4Türkiye80,195 t
5United Kingdom68,510 t
6Morocco62,240 t
7Iran53,043 t
8Turkmenistan49,116 t
9Russia44,909 t
10South Africa43,459 t

FAOSTAT production data, 2023.

Top Importers

RankCountryQuantity
1China253,307 t
2India36,945 t
3Czechia24,210 t
4Italy14,178 t
5Uruguay9,504 t
6United Kingdom8,151 t
7South Africa6,123 t
8Bulgaria6,087 t
9Türkiye5,323 t
10Belgium4,358 t

FAOSTAT trade data, 2023.

Top Exporters

RankCountryQuantity
1Australia326,773 t
2South Africa50,776 t
3New Zealand30,629 t
4Uruguay9,767 t
5France7,369 t
6United Kingdom7,015 t
7Spain6,131 t
8Lesotho6,049 t
9Ireland5,104 t
10Argentina4,820 t

FAOSTAT trade data, 2023.

About Wool

Shorn from sheep, mainly in Australia (the largest exporter, especially of the fine merino wool used in clothing) and increasingly processed in China, now the world's largest wool-importing and textile-manufacturing hub. Prices compete against synthetic and cotton fibers and track demand from the apparel industry more than any weather or harvest factor.

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