Price for Embroidery; in the Piece, in Strips or in Motifs in New Zealand - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in New Zealand (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in New Zealand (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in New Zealand
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in New Zealand

Price for Embroidery; in the Piece, in Strips or in Motifs in New Zealand (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $56,600 per ton in 2022, dropping by -11.5% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 15%. The import price peaked at $96,030 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($95,097 per ton), while the price for India ($51,666 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.2%), while the prices for the other major suppliers experienced a decline.

Price for Embroidery; in the Piece, in Strips or in Motifs in New Zealand (FOB) - 2022

In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $134,245 per ton, dropping by -29.9% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. The export price peaked at $191,566 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($549,344 per ton), while the average price for exports to the United States ($44,438 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 New Caledonia (+20.7%), 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 New Zealand

In 2022, the amount of embroidery; in the piece, in strips or in motifses imported into New Zealand dropped to 11 tons, almost unchanged from the previous year's figure. Overall, imports recorded a deep contraction.

In value terms, imports of embroidery; in the piece, in strips or in motifses shrank to $602K in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2% against the previous year.

Import of Embroidery; in the Piece, in Strips or in Motifs in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India566310373227-26.3%
China245144120171-11.3%
United States28.654.626.175.238.0%
Mexico30.46.717.929.2-1.3%
Turkey30.710.925.321.1-11.8%
United Kingdom21.433.322.216.7-7.9%
Others68.467.510162.3-3.1%
Total991627685602-15.3%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to New Zealand in 2022:

  1. India (4.4 tons)
  2. China (3.1 tons)
  3. United States (1.1 tons)
  4. Mexico (0.5 tons)
  5. Turkey (0.3 tons)
  6. United Kingdom (0.2 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in New Zealand

Exports of embroidery; in the piece, in strips or in motifses from New Zealand surged to 2.5 tons in 2022, increasing by 24% compared with 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of embroidery; in the piece, in strips or in motifses shrank to $335K in 2022. Overall, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of $385K, and then declined in the following year.

Export of Embroidery; in the Piece, in Strips or in Motifs in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Caledonia42.039.613816858.7%
United States44.734.650.956.17.9%
Samoa54.039.832.644.6-6.2%
Australia27.128.527.029.22.5%
French Polynesia9.126.819.616.521.9%
Tonga12.15.413.910.5-4.6%
United Kingdom0.90.57.15.987.2%
VietnamN/A36.940.0N/A8.4%
American Samoa65.832.431.2N/A-31.1%
Others34.37.824.34.3-50.0%
Total2902523853354.9%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from New Zealand in 2022:

  1. United States (1263.0 kg)
  2. Samoa (447.0 kg)
  3. New Caledonia (305.0 kg)
  4. Australia (181.0 kg)
  5. French Polynesia (131.0 kg)
  6. Tonga (86.0 kg)
  7. United Kingdom (46.0 kg)

Source: IndexBox Market Intelligence Platform

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