Australia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in Australia - 2023
Contents:
- Woolen Fabric Price in Australia (CIF) - 2022
- Woolen Fabric Price in Australia (FOB) - 2023
- Woolen Fabric Imports in Australia
- Woolen Fabric Exports in Australia
Woolen Fabric Price in Australia (CIF) - 2022
In 2022, the average woolen fabric import price amounted to $12 per square meter, shrinking by -5.8% against the previous year. Over the period under review, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. The import price peaked at $13 per square meter in 2021, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($13 per square meter) and the UK ($13 per square meter), while the price for Norway ($11 per square meter) and Denmark ($11 per square meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Fabric Price in Australia (FOB) - 2023
In July 2023, the average woolen fabric export price amounted to $12.3 per square meter, with a decrease of -27% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 41% m-o-m. Over the period under review, the average export prices attained the peak figure at $17.0 per square meter in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to New Zealand ($13.7 per square meter) and Canada ($13.5 per square meter), while the average price for exports to the United Arab Emirates ($9.7 per square meter) and Brazil ($9.7 per square meter) were amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports in Australia
In 2022, approx. 777K square meters of woven woolen fabrics were imported into Australia; growing by 7.8% compared with 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, woolen fabric imports stood at $9.4M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Woolen Fabric in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,306 | 2,168 | 2,244 | 2,070 | -3.5% |
| China | 1,549 | 1,119 | 2,050 | 1,951 | 8.0% |
| Italy | 2,031 | 1,367 | 1,541 | 1,538 | -8.9% |
| New Zealand | 939 | 739 | 844 | 1,118 | 6.0% |
| India | 843 | 785 | 870 | 1,094 | 9.1% |
| Ireland | 120 | 47.0 | 9.2 | 251 | 27.9% |
| Norway | 219 | 327 | 320 | 223 | 0.6% |
| Denmark | 180 | 110 | 246 | 105 | -16.4% |
| Others | 739 | 655 | 1,101 | 1,022 | 11.4% |
| Total | 8,927 | 7,318 | 9,224 | 9,372 | 1.6% |
Top Suppliers of Woolen Fabric to Australia in 2022:
- United Kingdom (164.6K square meters)
- China (160.0K square meters)
- Italy (138.6K square meters)
- New Zealand (96.9K square meters)
- India (81.6K square meters)
- Ireland (21.2K square meters)
- Norway (20.7K square meters)
- Denmark (9.6K square meters)
Woolen Fabric Exports in Australia
Woolen fabric exports from Australia expanded notably to 264K square meters in 2022, picking up by 5.8% compared with the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, woolen fabric exports rose rapidly to $3.9M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $3.9M in 2019; afterwards, it flattened through to 2022.
| Export of Woolen Fabric in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 1,399 | 1,032 | 952 | 1,195 | -5.1% |
| Vietnam | 1,094 | 868 | 747 | 865 | -7.5% |
| New Zealand | 598 | 725 | 691 | 641 | 2.3% |
| Canada | 133 | 16.7 | 283 | 348 | 37.8% |
| Indonesia | 26.3 | 3.7 | 26.0 | 196 | 95.3% |
| Brazil | N/A | 23.1 | N/A | 189 | 186.0% |
| United States | 68.4 | 66.5 | 83.6 | 161 | 33.0% |
| China | 348 | 175 | 67.7 | 19.5 | -61.7% |
| Others | 259 | 371 | 597 | 238 | -2.8% |
| Total | 3,925 | 3,280 | 3,446 | 3,853 | -0.6% |
Top Export Markets for Woolen Fabric from Australia in 2022:
- Fiji (72.6K square meters)
- Vietnam (54.3K square meters)
- New Zealand (43.4K square meters)
- Canada (23.8K square meters)
- Brazil (22.8K square meters)
- Indonesia (15.0K square meters)
- United States (11.8K square meters)
- China (1.5K square meters)
This report provides an in-depth analysis of the woolen fabric market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of woolen fabric were imported worldwide- shrinking by -X% against the previous year level. In general, woolen fabric imports continue to indicate a drastic decrease. The...
