Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia - 2024

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia (CIF) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia (CIF) - 2022

The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $9,433 per ton in 2022, rising by 1.5% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tents of textile materials other than cotton or synthetic fibreses increased by +12.7% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 88%. The import price peaked at $9,999 per ton in 2018; however, from 2019 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 India ($9,433 per ton) and South Africa ($9,433 per ton), while the price for South Korea ($9,415 per ton) and China ($9,433 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $11,016 per ton in 2022, rising by 20% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tents of textile materials other than cotton or synthetic fibreses decreased by -28.5% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the peak figure at $15,401 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Nauru ($11,019 per ton) and South Africa ($11,017 per ton), while the average price for exports to Indonesia ($11,012 per ton) and Papua New Guinea ($11,015 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 New Zealand (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia

Imports of tents of textile materials other than cotton or synthetic fibreses into Australia fell to 1.2K tons in 2022, waning by -8.7% against 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. As a result, imports attained the peak of 1.4K tons, and then declined in the following year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses declined to $12M in 2022. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 113%. As a result, imports reached the peak of $13M, and then declined in the following year.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Australia in 2022:

1. China (998.4 tons)
2. United States (57.2 tons)
3. South Africa (46.8 tons)
4. Bangladesh (40.8 tons)
5. New Zealand (33.8 tons)
6. India (18.2 tons)
7. South Korea (0.2 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Australia

Exports of tents of textile materials other than cotton or synthetic fibreses from Australia soared to 58 tons in 2022, growing by 35% compared with the previous year's figure. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 177%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses soared to $637K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Australia in 2022:

1. New Zealand (21.3 tons)
2. China (12.7 tons)
3. Tonga (6.5 tons)
4. United States (6.4 tons)
5. South Africa (3.6 tons)
6. Papua New Guinea (2.5 tons)
7. South Korea (1.3 tons)
8. Nauru (1.2 tons)
9. Indonesia (0.3 tons)
10. France (0.1 tons)

Source: IndexBox Market Intelligence Platform