Australia and Oceania: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Australia and Oceania

The quilted textile products market in Australia and Oceania stood at $X in 2021, with an increase of 4.1% against the previous year. Over the period under review, consumption enjoyed buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Quilted Textile Products Production in Australia and Oceania

In value terms, quilted textile products production rose slightly to $X in 2021 estimated in export price. In general, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 49%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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Quilted Textile Products Exports

Exports in Australia and Oceania

In 2021, approx. X tons of quilted textile products in the piece (excluding embroidery) were exported in Australia and Oceania; shrinking by -29.5% compared with the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 98%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, quilted textile products exports declined significantly to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 155% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Australia represented the main exporting country with an export of about X tons, which finished at 59% of total exports. It was distantly followed by New Zealand (X tons), committing a 37% share of total exports. Samoa (X kg) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Australia (with a CAGR of +5.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest quilted textile products supplying countries in Australia and Oceania were Australia ($X), New Zealand ($X) and Samoa ($X), with a combined 100% share of total exports.

New Zealand, with a CAGR of +0.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, surging by 5% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, quilted textile products export price increased by +8.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by 49%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+19.1%).

Quilted Textile Products Imports

Imports in Australia and Oceania

In 2021, approx. X tons of quilted textile products in the piece (excluding embroidery) were imported in Australia and Oceania; falling by -8.4% compared with the year before. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 88% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, quilted textile products imports reached $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 37% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, resulting at X tons, which was near 89% of total imports in 2021. The following importers - Samoa (X tons), New Zealand (X tons) and French Polynesia (X tons) - together made up 8.1% of total imports.

From 2012 to 2021, average annual rates of growth with regard to quilted textile products imports into Australia stood at -11.9%. At the same time, French Polynesia (+23.3%) and Samoa (+13.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +23.3% from 2012-2021. By contrast, New Zealand (-1.7%) illustrated a downward trend over the same period. Samoa (+2.9 p.p.), Australia (+2.1 p.p.), French Polynesia (+2 p.p.) and New Zealand (+1.8 p.p.) significantly strengthened 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 ($X) constitutes the largest market for imported quilted textile products in the piece (excluding embroidery) in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by Samoa ($X), with a 6.6% share of total imports. It was followed by French Polynesia, with a 3.2% share.

In Australia, quilted textile products imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Samoa (+16.7% per year) and French Polynesia (+23.8% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, picking up by 21% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2016 when the import price increased by 64% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Samoa ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+14.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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