Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand - 2024

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (FOB) - 2024
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (CIF) - 2022
  3. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand
  4. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (FOB) - 2024

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $9.5 per square meter in January 2024, declining by -7.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 48% m-o-m. As a result, the export price attained the peak level of $15.4 per square meter. From October 2023 to January 2024, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From February 2023 to January 2024, the rate of growth in terms of prices for Australia amounted to +1.0% per month.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (CIF) - 2022

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $11 per square meter in 2022, dropping by -1.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. As a result, import price reached the peak level of $11 per square meter. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($12 per square meter) and the United Arab Emirates ($12 per square meter), while the price for Hong Kong SAR ($8.4 per square meter) and Australia ($9 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand

In 2022, approx. 143K square meters of woven fabrics of combed wool or of combed fine animal hair were exported from New Zealand; increasing by 52% compared with the previous year's figure. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair soared to $1.6M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia7958006571,18414.2%
United States19712514627912.3%
United Kingdom3.2N/A15390.5204.7%
FranceN/AN/A1.229.32341.7%
Others83.026.481.761.9-9.3%
Total1,0799521,0391,64515.1%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from New Zealand in 2022:

  1. Australia (98.5K square meters)
  2. United States (29.4K square meters)
  3. United Kingdom (7.5K square meters)
  4. France (2.9K square meters)

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair imported into New Zealand totaled 127K square meters, increasing by 8.9% against the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair rose rapidly to $1.3M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2201851642889.4%
Italy2351982672654.1%
United Kingdom297216270195-13.1%
Australia222151255175-7.6%
Thailand10757.61.765.9-14.9%
GermanyN/A28.817.353.035.7%
United Arab EmiratesN/AN/AN/A50.30%
South Korea13.611.59.041.845.4%
India13.230.236.240.445.2%
Hong Kong SAR11447.990.433.1-33.8%
Japan18.027.027.321.66.3%
Vietnam39.920.422.616.1-26.1%
Others58.912589.394.517.1%
Total1,3391,0971,2501,3390.0%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to New Zealand in 2022:

  1. China (30.1K square meters)
  2. Italy (23.5K square meters)
  3. Australia (19.3K square meters)
  4. United Kingdom (16.9K square meters)
  5. Thailand (5.6K square meters)
  6. Germany (4.7K square meters)
  7. United Arab Emirates (4.3K square meters)
  8. Hong Kong SAR (3.9K square meters)
  9. India (3.6K square meters)
  10. South Korea (3.5K square meters)
  11. Japan (1.7K square meters)
  12. Vietnam (1.4K square meters)

Source: IndexBox Market Intelligence Platform

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