First, alpacas exhibit all of the traits that make any investment attractive; they are scarce and in high demand. Historically, alpaca values have remained constant and have made major contributions to the national economy of Peru, as well as several other South American countries. Currently, there are less than 50,000 alpacas in the U.S. (check with the alpaca registry for current numbers). Breeding stock has been in the U.S. since the mid 80s and prices have remained relatively stable since that time. Average prices on females range from a low of $7,000 for young weanlings to about $40,000 for a top quality female.  These prices vary a great deal with the best of the best bringing drastically higher prices.  One well-known herdsire sold at auction in April of 2000 for $166,000 and another sold for $225,00 in October 2000!  In 2001 and 2002, the prices are continuing to increase on top males.  

Alpacas are no longer imported from South America, so domestic growth will depend on the animals already in North America. Demand is also high in Canada, Europe, New Zealand and Australia. With support from an excellent national organization (Alpaca Owners and Breeders Association), the U.S. is poised to be a world leader in the alpaca industry. Because of the scarce supply, marketing efforts have been limited, and we have not even begun to create the potential demand for alpacas and alpaca fiber products. 

Alpaca fiber is finer than cashmere and exhibits many qualities that make it more desirable than any other fiber. Textiles made from alpaca fiber, often referred to as angel threads, are known throughout the fashion capitols of the world. The AOBA fiber co-op is working hard to ensure that we will be able to create and fulfill commercial demands with domestically produced fiber.