Price for Braids; in the Piece in Australia - 2023

Contents:

  1. Price for Braids; in the Piece in Australia (CIF) - 2022
  2. Price for Braids; in the Piece in Australia (FOB) - 2022
  3. Imports of Braids; in the Piece in Australia
  4. Exports of Braids; in the Piece in Australia

Price for Braids; in the Piece in Australia (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $21,355 per ton, shrinking by -6.2% against the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs at $22,763 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($21,355 per ton) and the United States ($21,355 per ton), while the price for Thailand ($21,355 per ton) and France ($21,355 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in Australia (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $25,875 per ton, increasing by 42% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of 55%. Over the period under review, the average export prices reached the peak figure at $40,644 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($25,875 per ton) and New Zealand ($25,875 per ton), while the average price for exports to Malaysia ($25,875 per ton) and the United States ($25,875 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Australia

In 2022, braids; in the piece imports into Australia soared to 52 tons, increasing by 17% compared with the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 62% against the previous year. Over the period under review, braids; in piece imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, braids; in the piece imports amounted to $1.1M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Braids; in the Piece in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28843452057425.8%
United States1862362472165.1%
DenmarkN/AN/A28.699.0246.2%
ItalyN/AN/A5.984.01323.7%
France16.015842.926.518.3%
India16.73.524.524.313.3%
Mexico18.429.247.420.94.3%
Others13813210175.8-18.1%
Total6649931,0171,12119.1%

Top Suppliers of Braids; in the Piece to Australia in 2022:

  1. China (26.9 tons)
  2. United States (10.1 tons)
  3. Denmark (4.6 tons)
  4. Italy (3.9 tons)
  5. France (1.2 tons)
  6. India (1.1 tons)
  7. Mexico (1.0 tons)

Exports of Braids; in the Piece in Australia

In 2022, braids; in the piece exports from Australia skyrocketed to 602 kg, increasing by 48% against the previous year. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 155% against the previous year. Over the period under review, the braids; in piece exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, braids; in the piece exports surged to $16K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Braids; in the Piece in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A5.70%
Hong Kong SARN/AN/AN/A5.70%
New Zealand1.01.02.32.026.0%
United StatesN/AN/AN/A1.40%
Malaysia3.21.00.80.8-37.0%
NorwayN/AN/A4.4N/A0%
ThailandN/A1.6N/AN/A0%
Fiji2.7N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total6.93.77.415.631.2%

Top Export Markets for Braids; in the Piece from Australia in 2022:

  1. Indonesia (220.0 kg)
  2. Hong Kong SAR (220.0 kg)
  3. New Zealand (77.0 kg)
  4. United States (53.0 kg)
  5. Malaysia (32.0 kg)

Source: IndexBox Market Intelligence Platform

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