Price for Knitted or Crocheted Pile Fabrics in New Zealand - 2023

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in New Zealand (CIF) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in New Zealand (FOB) - 2022
  3. Imports of Knitted or Crocheted Pile Fabrics in New Zealand
  4. Exports of Knitted or Crocheted Pile Fabrics in New Zealand

Price for Knitted or Crocheted Pile Fabrics in New Zealand (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $7,120 per ton, waning by -9% against the previous year. In general, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2021 an increase of 22%. Over the period under review, average import prices attained the peak figure at $10,079 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($7,899 per ton) and Thailand ($7,630 per ton), while the price for the UK ($7,046 per ton) and Taiwan (Chinese) ($7,199 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in New Zealand (FOB) - 2022

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $10,633 per ton, with a decrease of -18.1% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 82%. The export price peaked at $24,517 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,551 per ton), while the average price for exports to Australia amounted to $9,519 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Pile Fabrics in New Zealand

In 2022, after three years of growth, there was decline in supplies from abroad of knitted or crocheted pile fabricses, when their volume decreased by -2.1% to 181 tons. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year.

In value terms, knitted or crocheted pile fabrics imports dropped to $1.3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $1.4M, and then contracted in the following year.

Import of Knitted or Crocheted Pile Fabrics in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4384318345819.9%
Australia78.972.111511312.7%
Taiwan (Chinese)12079.5101106-4.1%
Lithuania8.668.094.986.0115.4%
Thailand12373.069.655.9-23.1%
Germany29.139.333.735.87.2%
United Kingdom46.448.530.524.8-18.8%
South Korea6.222247.24.1-12.9%
Others62.599.512228465.6%
Total9131,1331,4481,29012.2%

Top Suppliers of Knitted or Crocheted Pile Fabrics to New Zealand in 2022:

  1. China (80.2 tons)
  2. Australia (14.9 tons)
  3. Taiwan (Chinese) (14.7 tons)
  4. Lithuania (10.9 tons)
  5. Thailand (7.3 tons)
  6. Germany (4.7 tons)
  7. United Kingdom (3.5 tons)
  8. South Korea (0.6 tons)

Exports of Knitted or Crocheted Pile Fabrics in New Zealand

After two years of decline, overseas shipments of knitted or crocheted pile fabricses increased by 92% to 1.6 tons in 2022. In general, exports, however, recorded a significant contraction.

In value terms, knitted or crocheted pile fabrics exports surged to $17K in 2022. Over the period under review, exports, however, faced a precipitous descent.

Export of Knitted or Crocheted Pile Fabrics in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia4.922.34.73.5-10.6%
United StatesN/AN/AN/A3.20%
Fiji13.60.2N/AN/A-98.5%
NetherlandsN/AN/A5.8N/A0%
French Polynesia20.7N/AN/AN/A0%
Others0.40.3N/A9.9191.4%
Total39.622.810.616.7-25.0%

Top Export Markets for Knitted or Crocheted Pile Fabrics from New Zealand in 2022:

  1. Australia (372.0 kg)
  2. United States (279.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - New Zealand