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While breeders report fiber can sell for US$2 to $4 per ounce, the world wholesale price for processed, spun alpaca "tops" is only between about $10 to $24/kg (according to quality), i.e. about $0.28 to $0.68 per oz. [19] Finer fleeces, ones with a smaller diameter, are preferred, and thus are more expensive.
The finest bale of wool ever auctioned sold for a seasonal record of 269,000 Australian cents per kilogram during June 2008. This bale was produced by the Hillcreston Pinehill Partnership and measured 11.6 microns, 72.1% yield and had a 43-newton-per-kilotex [1] strength measurement. The bale realised $247,480 and was exported to India.
The per capita consumption of milk and dairy products in Sri Lanka (about 36 kg) is less, compare to other countries in the South Asian region. Since the 1980s Sri Lanka import dry milk powder as their main dairy commodity from Australia and New Zealand up to now.
The surface of woven fabrics is often roughened with a raising card to create a softer feel, higher volume and greater thermal insulation [11] Vicuña wool is considered the rarest and most expensive legal wool in the world; in 2010, raw wool traded for about 7-15 dollars per ounce. [12] The sorted and spun yarn trades at about $300 per ounce.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.
A 14 million kg backlog is waiting to be cleared by the board, while the average price per kg has virtually halved from the previous year’s 60p to 32p. Further reasons for current decline in wool prices are Brexit uncertainty and the US-China trade war. [11] The situation had dramatic effects for sheep farmers across the UK.
Rice production or Paddy production is one of the main productions and staple foods in Sri Lanka. It cultivates in all districts of Sri Lanka during two monsoon seasons. It is estimated that about 708,000 ha (1,750,000 acres) of land uses for paddy. [1] The seasons are called Maha season and Yala season.