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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.
Total Australian wool production is forecast to decline slightly in the 2008/09 season, despite expected higher output in Queensland and NSW. For 2008/09, shorn wool production is forecast at 385 mkg greasy - a 4% decline from... Read more
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