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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.
Improved seasonal conditions has resulted in a modest upward revision to the 2007/08 shorn wool production forecast, and stable production for the 2008/09 season, according to the Australian Wool Innovation (AWI) Production... Read more