Shima Seiki

Free membership

Receive our weekly Newsletter
and set tailored daily news alerts.

Fibres/​Yarns

Russians return to buy Australian wool

Australian Wool Innovation, the marketing organisation behind Australia’s wool growers, reports that for the first time in two decades Russian textiles interests have travelled directly to the country to source what is arguably the finest wool in the world. The return of Russian interests is thought to be significant given the large potential the former Russian states have for processing and consuming the natural fibre.

5th December 2013

Knitting Industry
 |  New South Wales & Victoria

Knitwear, Knitted Outerwear, Intimate Apparel, Hosiery/​Socks, Sports/​Activewear, Knitted Accessories, Household

Australian Wool Innovation, the marketing organisation behind Australia’s wool growers, reports that for the first time in two decades Russian textiles interests have travelled directly to the country to source what is arguably the finest wool in the world. The return of Russian interests is thought to be significant given the large potential the former Russian states have for processing and consuming the natural fibre.

A group of representatives from Russian woollen mills, scourers, fabric producers and fibre experts have travelled at their own expense to wool growing properties in Australia’s New South Wales (NSW) and Victoria.

The party first went to the south west slopes and tablelands of NSW to Angus and Allan Coles' property, Glencoe, Boroowa before visiting the property of AWI Chairman Wal Merriman at Boroowa. The tour then travelled to Victoria and met with WoolProducers Australia president Geoff Fisken on his wool property at Lal Lal near Ballarat before meeting wool exporters and brokers in Melbourne.

In 2011 AWI Chairman Wal Merriman and General Manager Product Development and Commercialisation Jimmy Jackson travelled to Russia, Belarus and the Ukraine and met with current and former woollen mills and textile experts. Since then trade has improved dramatically - more than one million kilos of greasy Australian wool was traded last year after a zero trade situation the year before. Relationships with three top makers and dozens of Russian manufacturers, designers, retailers and brands have now been established. Around 20% of wool traded is going into knits at the moment.

"We think this is just the tip of the iceberg. This is the start of a resurgence of the wool industry in Russia both in wool processing and consumption. It has the three trigger points of cold climate, increasing wealth and a large population. They already wear wool, they know the product," AWI Chairman Wal Merriman commented.

In 1991 the USSR bought up to 30% of the national wool clip and with the fall of the USSR the trade all but stopped. AWI says that in recent years mills have been sourcing locally produced wool as well as wool from Argentina but having seen the superior Australian product, woollen interests are keen to source fine Australian wool once again.

Konstantin Konevego, CEO of Russia's iconic manufacturer and brand, Pavolove Posad said: "I had heard from AWI that Australia produced the finest wool in the world but I had to come and see it for myself and as they say in Russia: seeing is believing".

Latest Reports

Business intelligence for the fibre, textiles and apparel industries: technologies, innovations, markets, investments, trade policy, sourcing, strategy...

Find out more