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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.
Australian wool production on track for a small increase this season, but expected to ease slightly in 2013/14. The Australian Wool Production Forecasting Committee has increased the forecast of shorn wool production... Read more
Wool production on track for a small increase from last season The Australian Wool Production Forecasting Committee has maintained its 2012/13 wool production forecast at 345 mkg greasy, which is 0.9% above 2011/12... Read more
Wool production forecast revised down The Australian Wool Production Forecasting Committee (AWPFC) has revised down slightly its final 2011/12 estimate from 345mkg to 342mkg and its 2012/13 production forecast from 350mkgs to... Read more
National wool production recovery checked The Australian Wool Production Forecasting Committee has slightly reduced its forecast for 2011/12 to 345mkg, the same level as in 2010/11 and down by 1.4% from the December 2011... Read more
Minor adjustment but still positive for wool production forecast The Australian Wool Production Forecasting Committee has revised its 2011/12 wool production forecast from 355 mkg to 350 mkg greasy, which is 1.5% above 2010/11... Read more