Australia - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Knitted Fabric Price in Australia - 2023

Contents:

  1. Knitted Fabric Price in Australia (CIF) - 2022
  2. Knitted Fabric Price in Australia (FOB) - 2022
  3. Knitted Fabric Imports in Australia
  4. Knitted Fabric Exports in Australia

Knitted Fabric Price in Australia (CIF) - 2022

The average knitted fabric import price stood at $6,315 per ton in 2021, growing by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $6,778 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($14,993 per ton), while the price for Portugal ($4,064 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Knitted Fabric Price in Australia (FOB) - 2022

The average knitted fabric export price stood at $18,177 per ton in 2021, growing by 3.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2019 an increase of 30%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($37,652 per ton), while the average price for exports to China ($7,438 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Knitted Fabric Imports in Australia

In 2022, approx. 14K tons of knitted or crocheted fabrics were imported into Australia; picking up by 2.1% against the year before. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, knitted fabric imports fell to $82M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $87M, and then reduced in the following year.

Import of Knitted Fabric in Australia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China28.033.733.28.9%
South Korea11.510.99.7-8.2%
Israel6.26.98.718.5%
Italy3.04.85.839.0%
Germany3.84.44.36.4%
South Africa2.01.72.511.8%
Vietnam2.32.22.30.0%
Indonesia1.31.51.57.4%
Greece0.72.11.019.5%
Portugal0.30.60.973.2%
Others11.98.917.019.5%
Total70.977.886.910.7%

Top Suppliers of Knitted Fabric to Australia in 2022:

  1. China (5.5K tons)
  2. South Korea (1.8K tons)
  3. Israel (1.5K tons)
  4. Italy (0.7K tons)
  5. Germany (0.7K tons)
  6. Vietnam (0.5K tons)
  7. Portugal (0.2K tons)
  8. South Africa (0.2K tons)
  9. Greece (0.2K tons)
  10. Indonesia (0.2K tons)

Knitted Fabric Exports in Australia

In 2022, the amount of knitted or crocheted fabrics exported from Australia surged to 327 tons, with an increase of 16% against 2021. Over the period under review, exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 371 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, knitted fabric exports stood at $5.8M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, the exports attained the peak of $6.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Knitted Fabric in Australia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States9172,0951,68935.7%
New Zealand7199261,22730.6%
Vietnam1,2471,546389-44.1%
Fiji21627829116.1%
Indonesia281287280-0.2%
India2001182368.6%
China11694.318727.0%
Hong Kong SAR23113731.2-63.2%
United Arab Emirates3991549.1-84.9%
Others7489038114.1%
Total5,0726,5385,1510.8%

Top Export Markets for Knitted Fabric from Australia in 2022:

  1. New Zealand (95.2 tons)
  2. United States (88.9 tons)
  3. China (25.1 tons)
  4. India (19.9 tons)
  5. Fiji (14.5 tons)
  6. Indonesia (13.9 tons)
  7. Vietnam (10.3 tons)
  8. Hong Kong SAR (1.7 tons)
  9. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knitted fabric market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
  • Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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