Australia and Oceania: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Australia and Oceania

The textile industry finishing agents market in Australia and Oceania skyrocketed to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Finishing Agents Used In The Textile Industry in Australia and Oceania

In value terms, textile industry finishing agents production expanded significantly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports in Australia and Oceania

After two years of growth, overseas shipments of finishing agents used in the textile industry decreased by X% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, textile industry finishing agents exports fell rapidly to $X in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Australia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Fiji (X tons) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%). Micronesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to textile industry finishing agents exports from Australia stood at X%. At the same time, Fiji (X%), New Zealand (X%) and Micronesia (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Fiji 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 ($X) remains the largest textile industry finishing agents supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with a 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 totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Fiji (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, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt descent. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Micronesia ($X per ton) was amongst the lowest.

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

Imports of Finishing Agents Used In The Textile Industry

Imports in Australia and Oceania

In 2022, supplies from abroad of finishing agents used in the textile industry increased by X% to X tons, rising for the third year in a row after six years of decline. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, textile industry finishing agents imports skyrocketed to $X in 2022. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. 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. From 2012 to 2022, the share of New Zealand increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported finishing agents used in the textile industry in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then declined notably 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 totaled $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

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