Australia and Oceania: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Australia and Oceania

The market for coconut, abaca, ramie and other vegetable textile fibres in Australia and Oceania shrank sharply to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed a remarkable increase. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Australia and Oceania

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres dropped to $X in 2022 estimated in export price. The total production indicated mild growth 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. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

New Zealand (X tons) constituted the country with the largest volume of production of coconut, abaca, ramie and other vegetable textile fibres, comprising approx. X% of total volume. Moreover, production of coconut, abaca, ramie and other vegetable textile fibres in New Zealand exceeded the figures recorded by the second-largest producer, Samoa (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume in New Zealand was relatively modest.

The average yield of coconut, abaca, ramie and other vegetable textile fibres declined modestly to X kg per ha in 2022, remaining stable against 2021 figures. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by X%. Over the period under review, the yield of coconut, abaca, ramie and other vegetable textile fibres attained the peak level at X kg per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of coconut, abaca, ramie and other vegetable textile fibres production in Australia and Oceania shrank slightly to X ha, stabilizing at the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports in Australia and Oceania

In 2022, approx. X tons of coconut, abaca, ramie and other vegetable textile fibres were exported in Australia and Oceania; with a decrease of X% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres shrank sharply to $X in 2022. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, New Caledonia (X tons) was the main exporter of coconut, abaca, ramie and other vegetable textile fibres, committing X% of total exports. New Zealand (X kg) held the second position in the ranking, distantly followed by Australia (X kg). All these countries together held near X% share of total exports. Fiji (X kg) followed a long way behind the leaders.

New Caledonia was also the fastest-growing in terms of the coconut, abaca, ramie and other vegetable textile fibres exports, with a CAGR of X% from 2012 to 2022. Fiji experienced a relatively flat trend pattern. New Zealand (X%) and Australia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Caledonia and New Zealand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest coconut, abaca, ramie and other vegetable textile fibre supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Caledonia ($X), with an X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Caledonia (X% per year) and New Zealand (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Caledonia ($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 more modest paces of growth.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports in Australia and Oceania

In 2022, approx. X tons of coconut, abaca, ramie and other vegetable textile fibres were imported in Australia and Oceania; which is down by X% on the previous year. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres declined sharply to $X in 2022. Over the period under review, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

Australia represented the key importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports. New Caledonia (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the coconut, abaca, ramie and other vegetable textile fibres imports, with a CAGR of X% from 2012 to 2022. At the same time, New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. From 2012 to 2022, the share of Australia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported coconut, abaca, ramie and other vegetable textile fibres in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Overall, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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