Australia and Oceania: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Australia and Oceania

In 2022, the market for nets of twine, cordage, rope or textile materials in Australia and Oceania increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a resilient 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Australia and Oceania

In value terms, twine, cordage or textile net production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in Australia and Oceania

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports skyrocketed to $X in 2022. Total exports indicated a modest 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. Based on 2022 figures, exports increased by X% against 2020 indices. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the key exporter of nets of twine, cordage, rope or textile materials in Australia and Oceania, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Micronesia (X tons), New Zealand (X tons) and Tuvalu (X tons), together constituting a X% share of total exports.

Exports from Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Tuvalu (X%) displayed positive paces of growth. Moreover, Tuvalu emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) and Micronesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Tuvalu increased by X and X percentage points, respectively.

In value terms, Australia ($X) remains the largest twine, cordage or textile net supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Micronesia, with a X% share.

In Australia, twine, cordage or textile net exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Micronesia (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a mild increase. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 New Zealand ($X per ton), while Tuvalu ($X per ton) was amongst the lowest.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in Australia and Oceania

In 2022, purchases abroad of nets of twine, cordage, rope or textile materials increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, twine, cordage or textile net imports expanded to $X in 2022. Total imports indicated a strong 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X tons) represented the main importer of nets of twine, cordage, rope or textile materials, committing X% of total imports. New Zealand (X tons) held the second position in the ranking, distantly followed by Marshall Islands (X tons) and Kiribati (X tons). All these countries together held near X% share of total imports. The following importers - Papua New Guinea (X tons), Solomon Islands (X tons) and American Samoa (X tons) - together made up X% of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kiribati (X%), Solomon Islands (X%), Marshall Islands (X%), New Zealand (X%), Papua New Guinea (X%) and American Samoa (X%) displayed positive paces of growth. Moreover, Kiribati 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 Kiribati, New Zealand, Marshall Islands and Solomon Islands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported nets of twine, cordage, rope or textile materials in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Marshall Islands, with an X% share.

In Australia, twine, cordage or textile net imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Marshall Islands (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Marshall Islands ($X per ton) and American Samoa ($X per ton), while Solomon Islands ($X per ton) and Papua New Guinea ($X per ton) were 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :