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Breakthrough deal set to send Kiwi wool around the world

Author
Newstalk ZB,
Publish Date
Tue, 5 May 2026, 8:31am
Photo / Alex Cairns | File
Photo / Alex Cairns | File

Breakthrough deal set to send Kiwi wool around the world

Author
Newstalk ZB,
Publish Date
Tue, 5 May 2026, 8:31am

Demand for New Zealand wool continues to grow, with one company securing a breakthrough deal. 

Wools of New Zealand's partnered with Turkish carpet manufacturer Kalida Hali – a deal which will see our wool exported to 69 countries.  

Chief Executive John McWhirter told Mike Hosking the value of wool's projected to increase 30% in the next five years.  

He says the value of wool clip in New Zealand was worth $250 million in 2020, but it's now worth half a billion, coming into the country as foreign exchange earnings. 

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