Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $16,798 per ton in 2022, increasing by 4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 78%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($92,782 per ton), while the price for the UK ($3,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $29,376 per ton, with an increase of 95% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 155% against the previous year. As a result, the export price attained the peak level of $43,767 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +66.6% per year.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia

Imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Australia fell remarkably to 27 tons in 2022, which is down by -49.3% on the previous year's figure. In general, imports recorded a dramatic contraction. The smallest decline of -5.8% was in 2021.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted sharply to $461K in 2022. Over the period under review, imports saw a dramatic curtailment. The smallest decline of -3.1% was in 2021.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)313309376169-18.6%
Germany152127134133-4.4%
China35926018472.0-41.5%
United Kingdom19.721.211.432.317.9%
Sweden6.714.714.213.726.9%
Thailand12.12.07.313.33.2%
United States25385.168.510.5-65.4%
Others97.682.877.617.4-43.7%
Total1,213901874461-27.6%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Australia in 2022:

  1. United Kingdom (9.2 tons)
  2. China (7.5 tons)
  3. Taiwan (Chinese) (6.0 tons)
  4. Thailand (2.2 tons)
  5. Germany (1.4 tons)
  6. Sweden (0.7 tons)
  7. United States (0.2 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia

In 2022, shipments abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -84.4% to 93 kg, falling for the second consecutive year after two years of growth. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 432% against the previous year. As a result, the exports reached the peak of 37 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds reduced remarkably to $2.7K in 2022. Overall, exports showed a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 603%. As a result, the exports attained the peak of $571K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.0N/AN/A2.739.2%
China38.910.0N/AN/A-74.3%
United StatesN/A559N/AN/A0%
Others41.31.59.0N/A-53.3%
Total81.25719.02.7-67.8%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Australia in 2022:

  1. New Zealand (93.0 kg)

Source: IndexBox Market Intelligence Platform

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