Market movement
In 2024, wool: (not carded or combed), degreased, (not carbonised), (other than shorn) trade exhibited strong growth, with global flows reaching $86,606,644 and a three-year compound annual growth rate of +5.2% (five-year: +2.8%). The all-time peak of $183,716,130 was recorded in 1995; the current level is 53% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+10.2% acceleration).
The World Trade Flows Characterization classifies wool: (not carded or combed), degreased, (not carbonised), (other than shorn) as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
