Wool: (not carded or combed), degreased, (not carbonised), shorn

In 2024, wool: (not carded or combed), degreased, (not carbonised), shorn trade exhibited strong growth, with global flows reaching $316,737,242 and a three-year compound annual growth rate of -1.2% (five-year: -6.1%). The all-time peak of $1,134,300,895 was recorded in 1995; the current level is 72% below that high-water mark.

Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+7.5% acceleration).

The World Trade Flows Characterization classifies wool: (not carded or combed), degreased, (not carbonised), shorn as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.257). The three largest exporters — New Zealand ($154.2M), United Kingdom ($36.2M), and Australia ($34.2M) — collectively dominate supply flows. The leading exporter has grown at +0.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.094). The three largest import markets are China ($73.7M), India ($38.4M), and United Kingdom ($24.8M). The largest importing market sources from 29 different supplying countries.

Estimated substitution elasticity: -33.37. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is New Zealand → China at $31.4M, representing 42.6% of the importer's total demand.

The volatility score for wool: (not carded or combed), degreased, (not carbonised), shorn is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.