Price for Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $10,002 per ton, shrinking by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.1%. The growth pace was the most rapid in 2013 an increase of 93%. As a result, import price reached the peak level of $10,649 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($10,007 per ton) and Thailand ($10,007 per ton), while the price for Turkey ($9,998 per ton) and Australia ($10,001 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $9,177 per ton in 2022, falling by -1.8% against the previous year. In general, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 30%. The export price peaked at $23,690 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tonga ($9,177 per ton), while the average price for exports to Fiji ($9,176 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 Tonga (-0.0%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand
For the third year in a row, New Zealand recorded decline in overseas purchases of wadding; other articles thereof, of man-made fibreses, which decreased by -4.7% to 31 tons in 2022. Over the period under review, imports recorded a dramatic curtailment.
In value terms, imports of wadding; other articles thereof, of man-made fibreses declined to $312K in 2022. Overall, imports continue to indicate a precipitous slump.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.3 | 57.0 | 39.7 | 89.4 | 15.3% |
| United States | 84.0 | 44.8 | 65.9 | 54.7 | -13.3% |
| Spain | 122 | 80.4 | 37.4 | 53.9 | -23.8% |
| United Kingdom | 31.4 | 5.1 | 31.7 | 37.6 | 6.2% |
| South Korea | 120 | 65.1 | 70.5 | 36.5 | -32.7% |
| Australia | 84.7 | 31.2 | 41.5 | 14.2 | -44.9% |
| Turkey | N/A | N/A | N/A | 9.7 | 0% |
| Hungary | 294 | 337 | N/A | N/A | 14.6% |
| Poland | N/A | N/A | 39.9 | N/A | 0% |
| Others | 45.5 | 23.4 | 9.8 | 15.8 | -29.7% |
| Total | 840 | 644 | 336 | 312 | -28.1% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to New Zealand in 2022:
- China (8.9 tons)
- United States (5.5 tons)
- Spain (5.4 tons)
- United Kingdom (3.8 tons)
- South Korea (3.7 tons)
- Australia (1.4 tons)
- Turkey (1.0 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand
In 2022, the amount of wadding; other articles thereof, of man-made fibreses exported from New Zealand declined to 6.8 tons, with a decrease of -9.5% against 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 77%.
In value terms, exports of wadding; other articles thereof, of man-made fibreses contracted to $62K in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 75%.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cook Islands | 26.5 | 27.0 | 41.8 | 46.8 | 20.9% |
| Tonga | 6.2 | 8.8 | 15.6 | 10.5 | 19.2% |
| Fiji | N/A | N/A | 1.5 | 4.7 | 213.3% |
| Philippines | 45.1 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 4.1 | 10.8 | N/A | 73.2% |
| Total | 81.3 | 39.9 | 69.7 | 61.9 | -8.7% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from New Zealand in 2022:
- Cook Islands (5.1 tons)
- Tonga (1.1 tons)
- Fiji (0.5 tons)
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