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AWI forecasts Australian wool production volumes and qualities three times a year. National and State level committee structures use a consensus-based forecasting methods supported by industry data and grower survey information. Accurate forecasting of Australian wool production volumes is critical to the global trade, given Australia's dominance of global apparel wool production.
Production forecasts are published in this section with a Media Release. The full report is available as a downloadable PDF within the Media Release. The detailed report features the forecasts, historical data and commentary on the key drivers of the forecasts.
The Australian Wool Production Forecasting Committee forecasts that shorn wool production for 2015/16 will decline by 4.3% to 332 mkg. This reflects a 3.7% fall in shorn sheep numbers, a result of the continued high turn-off... Read more
The Australian Wool Production Forecasting Committee (AWPFC) has set its forecast production for the 2014/15 season at 341 million kilograms greasy for the 2014/15 season, the same as the estimate for the 2013/14... Read more
Australian wool production down 2% in 2014/15 The Australian Wool Production Forecasting Committee's updated forecast sets shorn wool production for 2014/15 at 334 mkg, down 2% from the level in 2013/14. Nationally, average... Read more
Australian wool production to ease in 2014/15 The Australian Wool Production Forecasting Committee's second forecast for 2014/15 has revised shorn wool production to 328 mkg, down 3.7% from 2013/14 levels. This decrease... Read more
Australian wool production down 3% in 2013/14, and expected to ease again in 2014/15 The Australian Wool Production Forecasting Committee has revised the shorn wool production forecast for 2013/14 to 340 mkg, 3.4%... Read more