Trade Analytics

Wool Industry and Exports in India

Last Updated: December, 2019

Introduction

India is the ninth-largest producer of wool in the world with a global production share of nearly two per cent. India’s wool consumption is expected to reach 260 million kg by 2019–20. The wool industry is concentrated in Punjab, Haryana, Rajasthan, Uttar Pradesh, Maharashtra and Gujarat. Punjab accounts for about 35 per cent of wool production units, followed by Maharashtra and Rajasthan.

KEY MARKETS AND EXPORT DESTINATIONS

The US and the EU are key export destinations for Indian wool and wool-blended products. Indian exporters are geographically diversifying their exports to other regions such as the Middle East, Latin America, South East Asia, and East Asia to increase their footprint globally.

In 2018-19 exports of woollen yarn, fabrics, and made ups was valued at US$ 221 million exports of raw wool stood at US$ 1.2 million. In FY20 (till September 2019), exports of woollen yarn, fabrics, and made ups has reached US$ 98.62 million and raw wool exports have reached US$ 87.96 million.

Major importers of woollen yarn, fabrics and made ups between FY19 were China (US$ 128.96 million), Italy (US$ 46.58 million), Japan (US$ 29.47 million), Korea (US$ 24.77 million), UK (US$ 35.79 million), and the US (US$ 6.83 million).

CENTRAL WOOL DEVELOPMENT BOARD

Jodhpur-based Central Wool Development Board was formed by the Ministry of Textiles, Government of India, in 1987, with the primary objective of developing the domestic wool textiles industry by undertaking support programmes. For the Twelfth Five-Year Plan (2012–17), the Board has undertaken the following schemes to provide support to the entire value chain, from shepherds to end users.

Source: Ministry of Textiles, DGCIS

In 2017–18, raw wool exports stood at US$ 766,187 and have already reached US$ 838,459 between Apr-Oct 2018.

Source:
Directorate General of Commercial Intelligence and Statistics (DGCIS)

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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In 2017–18, raw wool exports stood at US$ 766,187 and have already reached US$ 838,459 between Apr-Oct 2018.

Source:
Directorate General of Commercial Intelligence and Statistics (DGCIS)

Exports

Wool Industry in India