Saunders Wool Pty Ltd
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History of Wool in Australia:

 

  

Sheep arrived in Australia with the first fleet and were primarily used as a food source. This began to change in 1797 with the arrival of the first fine wool Spanish merinos. This formed a base for a selective breeding program by John Macarthur and the Reverend Samuel Marsden focusing on wool rather than meat.

In 1821 the first auction of Australian wool was held at Garraway’s coffeehouse, London.

By 1838 sheep were in every Australian colony and wool became Australia’s main export with an annual wool clip over two million kilograms.

In some ways the 1870’s and 1880’s marked the peak of the wool industry’s influence.  Wool continued to dominate Australia’s exports.

The 1890’s saw a combination of falling wool prices with a very bad drought.  Sheep numbers fell by almost half of their previous peak of 106 million.

Wool in the 20th Century

The 1890’s drought was still raging at the start of the 20th century.  It would take the industry almost thirty years to rebuild sheep numbers to their previous peak.

More difficult times followed with the development of synthetic fibres combined with changing consumer taste forcing prices down.

This slowed but could not stop the decline in wool’s relative position within the fibre marketplace.

Many producers left the industry while others looked into new income sources to supplement wool incomes. This reduced wool’s importance within primary production and wool increasingly became a specialist fibre. 

Today the wool industry remains important as providers of high quality natural fibres.

Little Facts:

Australia is the world’s largest producer of wool, producing 28% of the total greasy wool production in 2002/2003. This was the result of 117.5 million sheep being shorn, producing 499 million kg of greasy wool.

Australia exports wool to 55 countries, with China the biggest purchaser.  Saunders Wool exports primarily to China, India and America.

The 1990’s were one of the driest decades on record. In 2002/03 severe drought hit most wool growing areas. 

In 2004 wool production and sheep numbers fall to the lowest levels in 50 years.