Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia - 2024
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (CIF) - 2022
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,472 per ton, waning by -1.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $2,510 per ton, and then fell slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,839 per ton), while the price for Singapore ($1,489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (FOB) - 2022
The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $55,893 per ton in 2020, rising by 56% against the previous year. Over the period under review, the export price saw a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 333%. Over the period under review, the average export prices attained the peak figure in 2020 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Spain ($154,667 per ton), while the average price for exports to Fiji totaled $47,304 per ton.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia
In 2022, approx. 1.3K tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were imported into Australia; rising by 152% on the previous year. Overall, imports saw modest growth.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $3.2M in 2022. In general, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,984 | 1,525 | 452 | 1,800 | -3.2% |
| Germany | 371 | 926 | 696 | 916 | 35.2% |
| Singapore | N/A | N/A | N/A | 307 | 0% |
| Austria | 78.1 | 22.0 | 40.1 | 48.3 | -14.8% |
| Others | 28.9 | 80.5 | 113 | 161 | 77.3% |
| Total | 2,462 | 2,553 | 1,301 | 3,233 | 9.5% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Australia in 2022:
- Indonesia (782.4 tons)
- Germany (271.9 tons)
- Singapore (206.2 tons)
- Austria (16.9 tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia
In 2020, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Australia shrank markedly to 150 kg, reducing by -81.2% compared with the previous year's figure. In general, exports faced a dramatic setback.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped rapidly to $8.4K in 2020. Overall, exports saw a precipitous decrease.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Fiji | N/A | 6.5 | 0% | ||
| Spain | N/A | 1.9 | 0% | ||
| Italy | 28.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 28.5 | 8.4 | -70.5% | ||
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Australia in 2022:
- Fiji (138.0 kg)
- Spain (12.0 kg)
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