Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand - 2024

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (FOB) - 2022
  2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (CIF) - 2022
  3. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand
  4. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $42,146 per ton, surging by 2.7% against the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 984%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($45,076 per ton), while the average price for exports to Niue ($9,727 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 China (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,716 per ton, therefore, remained relatively stable against the previous year. Overall, the import price posted a tangible expansion. The pace of growth appeared the most rapid in 2019 an increase of 108% against the previous year. As a result, import price reached the peak level of $15,602 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,831 per ton), while the price for Taiwan (Chinese) ($2,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand

In 2022, approx. 2 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were exported from New Zealand; increasing by 63% compared with 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 7,731% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $86K in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 14,632%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A30.668.4123.5%
AustraliaN/AN/A14.213.0-8.5%
NiueN/AN/AN/A0.70%
Others1.10.36.63.952.5%
Total1.10.351.486.0327.6%

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from New Zealand in 2022:

  1. United States (1518.0 kg)
  2. Australia (386.0 kg)
  3. Niue (77.0 kg)

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into New Zealand reduced sharply to 25 tons, shrinking by -23.3% compared with 2021 figures. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,373% against the previous year. As a result, imports reached the peak of 33 tons, and then shrank remarkably in the following year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined notably to $69K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 289%. As a result, imports reached the peak of $89K, and then shrank remarkably in the following year.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A40.552.329.1%
China4.65.00.87.517.7%
ItalyN/A7.12.94.8-17.8%
AustraliaN/AN/A35.7N/A0%
Others33.110.89.54.1-50.2%
Total37.723.089.468.822.2%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to New Zealand in 2022:

  1. Taiwan (Chinese) (23.6 tons)
  2. China (1.3 tons)
  3. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform

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