Australia's greasy wool exports to Thailand over the past decade have demonstrated significant volatility. The year-on-year variations ranged from a steep decline of 55.56% in 2015 to an impressive spike of 754.62% in 2019. However, more recent trends from 2020 onward indicate a stabilization, with a consistent, though moderate, growth pattern. Specifically, the exports in 2023 stood at 808 metric tons, showing a 10.08% increase from the previous year and a robust CAGR of 44.11% over the past five years.
Future trends suggest a steady growth trajectory, with forecasts predicting values to rise to 905 metric tons by 2028, which corresponds to a 1.79% CAGR over the next five years. Key factors to monitor include global wool demand, Australia's production capacity, and trade policies affecting the agricultural sector.
