Australia and Oceania: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Australia and Oceania

The spindles and spindle flyer market in Australia and Oceania contracted rapidly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Australia and Oceania

In value terms, spindles and spindle flyer production reduced modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports in Australia and Oceania

In 2022, exports of spindles and spindle flyers, spinning ring and ring travellers in Australia and Oceania skyrocketed to X tons, jumping by X% on the previous year. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, spindles and spindle flyer exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Australia dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. New Zealand (X kg) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the spindles and spindle flyers, spinning ring and ring travellers exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest spindles and spindle flyer supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports in Australia and Oceania

In 2022, overseas purchases of spindles and spindle flyers, spinning ring and ring travellers increased by X% to X tons, rising for the fourth consecutive year after four years of decline. Overall, imports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spindles and spindle flyer imports soared to $X in 2022. Over the period under review, imports, however, showed a slight reduction. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, New Zealand (X tons) represented the key importer of spindles and spindle flyers, spinning ring and ring travellers, comprising X% of total imports. It was distantly followed by Australia (X tons), constituting a X% share of total imports. The following importers - Palau (X kg) and New Caledonia (X kg) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to spindles and spindle flyer imports into New Zealand stood at X%. At the same time, New Caledonia (X%) and Palau (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.), New Caledonia (X p.p.) and Palau (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Zealand ($X) constitutes the largest market for imported spindles and spindle flyers, spinning ring and ring travellers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

In New Zealand, spindles and spindle flyer 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: Australia (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed mild growth. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Palau ($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 a decline in the import price figures.

Source: IndexBox Platform

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