Well I been looking at market for the yarn and blankets on eBay. What I am thinking, is the reason for the higher demand for them, is because of the Tariff war.
I was able to get Australian Merino wool for $16.00 a pound. And ti compare it, it cost $20.00 for 4 oz of factory spun Merino. Yes I can save money by spinning my own yarn, but, I don't know what the Tariff might do for the pricing, because it's imported.
I might not be able to buy Merino anymore, meaning it will leave me with things like Lancaster to buy. At about $25-$30 per pound. Is it Lanchester, I forget.
But anyway, I thikn the Tariff war might make
it possible for me to spin up a yarn business. No I will not get rich, but, I could get something like $7.00 an hour of my work time.
It sounds like you are going to launch a new business. That's an exciting venture!
I have a hobbyists interest in certain fine textiles, but have no idea about the markets. One thing that I would consider is the primary source(s) of raw goods and finished goods now.
I'm not old, but old enough to remember when quality goods were made in the USA and Europe and Japan primarily.
When the globalists decided to destroy America, they moved every industry to China to make use of their massive population of slave labor. Now you have import free slavery to compete with. Most have found it impossible to compete with China Mart.
I don't know what the futer holds, so if I were you I would gather all the information that would help with deciding risk of start up cost vs potential failure. That will let you know if you can afford to lose your investment in a worst case scenario.
Then I'd look at your local market because production doesn't equate with sales. Are there buyers for merino yarns that have reason to believe would buy from you?
Big textile companies mostly go with the lowest bid. So then it might be local knitters and such if there's not a large disparity of price.
Last night I got an ad sent that advertised men's merino wool briefs on clearance for $30. I thought that was reasonable, but I'm not planning on buying anything. I'm trying to get back to work, so it occured to me that I already have very good fabric available to make my own for free when I need them. It was a passing thought, but got me thinking how I've started changing from polyester blends to merino for 3 seasons. It's superior to anything Walmart sells for so many reasons. I'm a big fan of it and see that it's growing in popularity with the fitness/ health conscious communities.
I have a friend who's wife and him were considering a loom,
shuttle___ to spin Alpaca fiber and make blankets, etc. Perhaps there's someone retiring from the occupation or has their late mother's loom available for sale? Just a thought. In the thrift store, there seems to be a lot of yarns new in package available, albeit priced pretty high. I've kept my eyes open for wool and natural fibers to darn a blanket and sweater I use. I have not found any yet, but much probably comes from estates. There's probably larger items available at the online thrift store auctions.
Sometimes I pray for something or someone and a blessing shows up.
That just happened recently.
That's where I'd start.
Matthew 7:7
Best wishes
.