ASANKA BRENDON RATNAYAKE

Australian Wool Production Drops To Lowest Level In 100 Years

GIPPSLAND, AUSTRALIA - FEBRUARY 26: A wool handler pushes a class of recently cut wool into a compresser which compacts the wool to fit into a wool bale on February 26, 2025 in Gippsland, Australia. The Australian wool industry is facing significant challenges, with wool production forecast to drop to its lowest level in over 100 years in the 2024-25 season, reaching 279.4 million kilograms, a 12% decrease from the previous year. Despite these production declines, the industry is experiencing growth in demand, particularly from Asia, driven by robust global demand and a focus on sustainable practices. (Photo by Asanka Ratnayake/Getty Images)

Add to Lightbox Download

Filename: Wool_250226_ABR_5018.jpg
Image Size: 6000x4000 / 4.1MB; Agriculture Business Finance and Industry Climate Change Environment Environmental Damage
Contained in galleries: The Australian Wool Industry: A Sector in Peril

GIPPSLAND, AUSTRALIA - FEBRUARY 26: A wool handler pushes a class of recently cut wool into a compresser which compacts the wool to fit into a wool bale on February 26, 2025 in Gippsland, Australia. The Australian wool industry is facing significant challenges, with wool production forecast to drop to its lowest level in over 100 years in the 2024-25 season, reaching 279.4 million kilograms, a 12% decrease from the previous year. Despite these production declines, the industry is experiencing growth in demand, particularly from Asia, driven by robust global demand and a focus on sustainable practices. (Photo by Asanka Ratnayake/Getty Images)