Australia and Oceania: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2024

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports in Australia and Oceania

In 2022, exports of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) in Australia and Oceania dropped remarkably to X tons, with a decrease of X% compared with the previous year's figure. Overall, exports showed a slight decline. The growth pace was the most rapid in 2015 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bedding and furnishing article exports dropped sharply to $X in 2022. In general, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) and New Zealand (X tons) dominates exports structure, together generating X% of total exports. It was distantly followed by Fiji (X tons), mixing up an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Fiji, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports in Australia and Oceania

In 2022, after four years of growth, there was significant decline in supplies from abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), when their volume decreased by X% to X tons. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, bedding and furnishing article imports dropped significantly to $X in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Australia (X tons) was the key importer of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), generating X% of total imports. It was distantly followed by New Zealand (X tons), generating a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows). At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Australia (X p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, approximately reflecting the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bedding and furnishing article import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform