Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $11,554 per ton in 2022, with an increase of 12% against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2016 an increase of 155%. Over the period under review, average import prices reached the peak figure at $22,583 per ton in 2018; however, from 2019 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 Italy ($49,149 per ton), while the price for China stood at $9,360 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+491.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $25,443 per ton in 2022, dropping by -12.5% against the previous year. Overall, the export price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 54% against the previous year. The export price peaked at $29,076 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2014 to 2022, the rate of growth in terms of prices for New Zealand amounted to -14.7% per year.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia
After three years of growth, supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -5% to 8.7 tons in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 435%. As a result, imports attained the peak of 9.1 tons, and then dropped in the following year.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted expanded remarkably to $100K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 330% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 16.5 | 78.4 | 76.5 | 119.8% |
| Italy | 16.1 | 5.4 | 13.7 | 23.4 | 13.3% |
| Others | 1.5 | N/A | 2.1 | N/A | 18.3% |
| Total | 24.8 | 21.9 | 94.2 | 99.9 | 59.1% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Australia in 2022:
- China (8.2 tons)
- Italy (0.5 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia
In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted exported from Australia dropped to 115 kg, declining by -2.5% against 2021. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 4.4% against the previous year.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced to $2.9K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports reached the peak of $3.4K, and then dropped in the following year.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 0.2 | 0.3 | 2.1 | 2.9 | 143.8% |
| South Korea | N/A | 0.1 | N/A | N/A | 0% |
| Japan | N/A | 2.0 | N/A | N/A | 0% |
| Vietnam | 1.5 | N/A | N/A | N/A | 0% |
| New Caledonia | N/A | N/A | 1.3 | N/A | 0% |
| Solomon Islands | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 2.4 | 3.4 | 2.9 | 15.1% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Australia in 2022:
- New Zealand (115.0 kg)
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