Wool Wholesaling is one of Australia's most volatile industries because it is subject to the whims of global price movements in addition to supply, national wool production and demand forces in the global market. The factors have produced some of the most dramatic swings in revenue for the industry over the past five years, which created a turbulent trading environment and accelerated the exit of wool wholesalers from the industry.
Underlying this volatility has been a combination of weak demand across key markets due to the global financial crisis, low global wool stocks and unstable supply in Australian because of the drought that broke in 2002.
This industry consists of businesses that purchase and sell wool. Additionally, businesses may provide wool reclassing or bulk classing services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.