In 2023, China leads the global greasy wool production with a 20.96% share, followed by Australia at 18.02% and New Zealand at 6.78%. There's a notable decline in both Australia and New Zealand's production, with year-on-year decreases of 4.23% and 4.22%, respectively. Conversely, smaller producers like Kazakhstan and Tajikistan exhibit growth rates of 1.83% and 3.19%, respectively. Over a five-year period, fluctuations across countries are observed, with emerging players capturing market share as some traditional producers decline.
Future trends to watch include potential shifts towards more sustainable wool production practices and the impact of climate change on wool quality and yield, as producers in emerging markets may continue to increase their share due to competitive lower costs and growing global demand.
Top countries in Greasy Wool Gross Production Share by Country (Thousand US Dollars PPP = 2004–2006)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.96 | 2023 | +0.78% | +0.29% | View data |
| 2 | 2 Australia | 18.02 | 2023 | -0.053% | -4.23% | View data |
| 3 | 3 New Zealand | 6.78 | 2023 | -3.85% | -4.22% | View data |
| 4 | 4 Morocco | 3.7 | 2023 | +0.92% | +1.39% | View data |
| 5 | 5 Iran | 2.89 | 2023 | -2.59% | -2.92% | View data |
| 6 | 6 Pakistan | 2.53 | 2023 | +0.42% | -0.78% | View data |
| 7 | 7 Kazakhstan | 2.48 | 2023 | +1.97% | +1.83% | View data |
| 8 | 8 Russia | 2.47 | 2023 | -5.65% | -5.09% | View data |
| 9 | 9 Turkmenistan | 2.44 | 2023 | +1.66% | +0.77% | View data |
| 10 | 10 South Africa | 2.37 | 2023 | -1.78% | -1.97% | View data |