As New Zealand and the world the number of sheep quickly reduce, wool trade also transferred to the south and east of New Zealand, European carpet business and carpet manufacturing processing force also fallen, New Zealand wool in the European market gradually atrophic. But as the world wool production at the same rate drop, Europe in New Zealand the wool of supply and demand are not under a serious effect.

New Zealand about 35% of export wool into Europe, including the UK, market. The situation has been out for years, even in a down year industry wool, wool in New Zealand's share of the European market also not dropped. However, the euro zone economic crisis led to this year's New Zealand European wool cut by 14.5%. July 2011 to February 2012 New Zealand wool in the European share by 27.5%.

At the same time, due to synthetic fiber, especially to the fierce competition in the nylon, Australia and New Zealand wool carpet production also fell sharply. A percentage, New Zealand export to Australia of wool cut by 75%. Of course, if press the weight computation, export to Australia of wool is not is a lot.

New Zealand wool to traditional markets, such as Nepal, the United States, Iran, Turkey and India's exports also have significantly reduced the trend, and the new market to eastern Europe before New Zealand wool continue to show some of the interest.

China is still New Zealand wool the main growth market. Other market is gradually cut New Zealand wool share to China, which imports in New Zealand wool but slow increase. This financial year imports a substantial growth exceeded 15%.

New Zealand exported to different countries of wool quantity constantly changing. Over the past few years, China's share of New Zealand's share of the wool from 30% ~ 33% increase to 37% ~ 38%, and this fiscal year shot up to 47%. This shows that Chinese imported from New Zealand wool quantity, increased, at the same time, Europe in New Zealand the wool of purchasing decreasing rapidly. The two big change to New Zealand wool market appeared new pattern.

However, New Zealand wool market will not stand still. In the international wool sports, New Zealand has been more active, has carried out many promotion activity, to stimulate European and British the demand of the market, from the current recession get out of the current state of the economy. At the same time, also looking through the international wool movement and China to further cooperation.

Source "the Chinese textile nets"

Edit: Emma