Australia and Oceania: Sewing Needle Market 2020

Sewing Needle Market Size in Australia and Oceania

The revenue of the sewing needle market in Australia and Oceania amounted to $X in 2017, shrinking by -X% against the previous year. The sewing needle consumption continues to indicate a deep slump. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. In that year, the sewing needle market reached their peak level of $X. From 2013 to 2017, growth of the sewing needle market failed to regain its momentum.

Sewing Needle Production in Australia and Oceania

The sewing needle production stood at X tons in 2017, coming up by X% against the previous year. The sewing needle production continues to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. The volume of sewing needle production peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sewing Needle Exports in Australia and Oceania

The exports stood at X tons in 2017, growing by X% against the previous year. The sewing needle exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, sewing needle exports amounted to $X in 2017. The sewing needle exports continue to indicate a mild descent. In that year, the sewing needle exports reached their peak level of $X. From 2014 to 2017, growth of the sewing needle exports failed to regain its momentum.

Sewing Needle Exports by Country in Australia and Oceania

Australia represented the main exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together committing X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia (-X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Australia ($X) remains the largest sewing needle supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports. It was followed by Fiji, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia amounted to -X%. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Fiji (-X% per year).

Sewing Needle Export Prices by Country in Australia and Oceania

The sewing needle export price in Australia and Oceania stood at $X per kg in 2017, increasing by X% against the previous year. The sewing needle export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when the export prices increased by X% y-o-y. The level of export price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Australia ($X per kg), while Fiji ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Sewing Needle Imports in Australia and Oceania

The imports stood at X tons in 2017, flattening at the previous year. The sewing needle imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sewing needle imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. Over the period under review, the sewing needle imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Sewing Needle Imports by Country in Australia and Oceania

Australia was the major importer of sewing, knitting needles and bodkins of iron or steel in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together achieving X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2017. Fiji experienced a relatively flat trend pattern. New Zealand (-X%) illustrated a downward trend over the same period. Australia (X%) and New Zealand (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sewing needle markets worldwide were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined X% share of total imports.

New Zealand (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Sewing Needle Import Prices by Country in Australia and Oceania

The sewing needle import price in Australia and Oceania stood at $X per kg in 2017, rising by X% against the previous year. The import price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sewing needle import price increased by +X% against 2007 indices. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per kg), while Fiji ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform