Price for Embroidery; in the Piece, in Strips or in Motifs in Australia - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Australia (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Australia (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Australia
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Australia
Price for Embroidery; in the Piece, in Strips or in Motifs in Australia (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $60,129 per ton in 2022, reducing by -4.5% against the previous year. Overall, the import price, however, showed a moderate expansion. The growth pace was the most rapid in 2019 an increase of 57% against the previous year. The import price peaked at $110,603 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($68,231 per ton), while the price for China ($56,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Australia (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $91,352 per ton, falling by -5% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $114,746 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($150,000 per ton), while the average price for exports to the United States ($46,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+110.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Australia
In 2022, approx. 57 tons of embroidery; in the piece, in strips or in motifses were imported into Australia; with an increase of 30% against the year before. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 94%. Over the period under review, imports of embroidery; in piece, in strips or in motifses attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $3.4M in 2022. In general, imports, however, recorded a mild downturn.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,913 | 1,147 | 1,284 | 1,985 | 1.2% |
| India | 679 | 580 | 667 | 615 | -3.2% |
| Taiwan (Chinese) | 246 | 292 | 372 | 348 | 12.3% |
| South Korea | 109 | 33.9 | 52.5 | 19.5 | -43.7% |
| Others | 588 | 424 | 358 | 433 | -9.7% |
| Total | 3,535 | 2,478 | 2,733 | 3,401 | -1.3% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Australia in 2022:
- China (35.0 tons)
- India (9.0 tons)
- Taiwan (Chinese) (5.5 tons)
- South Korea (0.3 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Australia
In 2022, exports of embroidery; in the piece, in strips or in motifses from Australia surged to 2.4 tons, increasing by 82% on the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 249%. Over the period under review, the exports of embroidery; in piece, in strips or in motifses attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of embroidery; in the piece, in strips or in motifses soared to $219K in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 98%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 68.8 | 0% |
| New Zealand | 11.8 | 33.5 | 22.9 | 58.4 | 70.4% |
| Papua New Guinea | N/A | N/A | 5.9 | 33.8 | 472.9% |
| Singapore | 1.1 | N/A | N/A | 16.4 | 146.1% |
| Germany | N/A | N/A | 4.3 | 7.6 | 76.7% |
| Malaysia | N/A | 6.9 | 8.6 | 6.2 | -5.2% |
| United States | 6.0 | 4.7 | 4.2 | 6.1 | 0.6% |
| United Kingdom | N/A | 0.4 | 9.6 | 3.5 | 195.8% |
| China | 26.5 | N/A | 10.8 | 0.1 | -84.4% |
| South Africa | N/A | N/A | 24.3 | N/A | 0% |
| Indonesia | N/A | 14.8 | 12.2 | N/A | -17.6% |
| United Arab Emirates | 2.4 | 23.9 | N/A | N/A | 895.8% |
| Others | 3.7 | 17.6 | 23.5 | 17.6 | 68.2% |
| Total | 51.5 | 102 | 126 | 219 | 62.0% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Australia in 2022:
- New Zealand (1022.0 kg)
- India (509.0 kg)
- Papua New Guinea (249.0 kg)
- Singapore (168.0 kg)
- United States (132.0 kg)
- Germany (102.0 kg)
- United Kingdom (54.0 kg)
- Malaysia (39.0 kg)
- China (1.0 kg)
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