Price for Tents of Synthetic Fibres in Australia - 2023

Contents:

  1. Price for Tents of Synthetic Fibres in Australia (CIF) - 2022
  2. Price for Tents of Synthetic Fibres in Australia (FOB) - 2022
  3. Imports of Tents of Synthetic Fibres in Australia
  4. Exports of Tents of Synthetic Fibres in Australia

Price for Tents of Synthetic Fibres in Australia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $10,349 per ton, with a decrease of -4.1% against the previous year. Over the period under review, the import price, however, posted a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $10,786 per ton in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($10,349 per ton), while the price for South Africa ($10,349 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Synthetic Fibres in Australia (FOB) - 2022

The average tents of synthetic fibres export price stood at $14,003 per ton in 2022, jumping by 32% against the previous year. Over the period under review, the export price, however, saw a slight curtailment. The export price peaked at $15,869 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Papua New Guinea ($13,859 per ton) and the Philippines ($13,857 per ton), while the average price for exports to the UK ($13,856 per ton) and Saudi Arabia ($13,856 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Australia

In 2022, imports of tents of synthetic fibreses into Australia rose significantly to 18K tons, increasing by 5.6% compared with the previous year. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tents of synthetic fibres imports stood at $188M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 86% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Tents of Synthetic Fibres in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.583.415014722.2%
Bangladesh4.78.317.821.365.5%
South Africa1.21.65.35.060.9%
Others6.56.712.915.333.0%
Total92.810018618826.5%

Top Suppliers of Tents of Synthetic Fibres to Australia in 2022:

  1. China (14.2K tons)
  2. Bangladesh (2.1K tons)
  3. South Africa (0.5K tons)

Exports of Tents of Synthetic Fibres in Australia

In 2022, the amount of tents of synthetic fibreses exported from Australia expanded rapidly to 213 tons, with an increase of 12% compared with 2021. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, tents of synthetic fibres exports surged to $3M in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Tents of Synthetic Fibres in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand3272807811,27257.3%
United Kingdom19.224.13.4616217.8%
Germany39.886423120572.7%
Thailand3.42.522.8160261.0%
United States10050.493.21144.5%
South Africa13550.7456109-6.9%
Philippines35.235.352.475.028.7%
New Caledonia2.17.760.360.8207.1%
Saudi ArabiaN/A23.7N/A52.148.3%
France1294.812.429.2-39.1%
China13955.963.719.1-48.4%
Others342638247275-7.0%
Total1,2722,0372,0232,98732.9%

Top Export Markets for Tents of Synthetic Fibres from Australia in 2022:

  1. New Zealand (91.8 tons)
  2. United Kingdom (44.5 tons)
  3. Germany (14.8 tons)
  4. Thailand (11.6 tons)
  5. United States (8.2 tons)
  6. South Africa (7.8 tons)
  7. Philippines (5.4 tons)
  8. New Caledonia (4.4 tons)
  9. Saudi Arabia (3.8 tons)
  10. France (2.1 tons)
  11. China (1.4 tons)

Source: IndexBox Market Intelligence Platform

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