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Business Daily

The industry that saved an animal from extinction

Sep 27, 2023
18:15
Snipd AI
Discover how the near-extinct vicuna wool has become highly sought-after. Learn about the conservation efforts in the Peruvian natural reserve. Explore the issue of domestic cattle encroaching on the reserve and the trade of vicuna fiber. Hear about the economic impact of the vicuna fiber industry in Lukanas, Peru.
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Podcast summary created with Snipd AI

Quick takeaways

  • The demand for Bikunyar wool has contributed to the conservation and preservation of the species by creating a profitable business model that incentivizes farming communities to engage in sustainable practices.
  • The Bikunyar industry faces challenges, including declining prices, increasing production costs, and the impact of the COVID-19 pandemic, which puts the future of the industry and the conservation of the species at risk without better support from the Peruvian government.

Deep dives

The Special Wool of Bikunyar

Bikunyar wool is known for being one of the most expensive in the world due to its exceptional quality. Despite being the smallest relative of llamas and alpacas, Bikunyars produce fibers that are highly sought after. These fibers are incredibly fine and silky, making garments made from them both rare and expensive. The scarcity and exclusivity of Bikunyar wool attract a small number of individuals willing to pay high prices for it.

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