Australia and Oceania: Cotton Terry Towelling Market 2020

Cotton Terry Towelling Market Size in Australia and Oceania

The revenue of the cotton terry towelling market in Australia and Oceania amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The cotton terry towelling consumption continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. In that year, the cotton terry towelling market reached their peak level of $X. From 2010 to 2017, growth of the cotton terry towelling market failed to regain its momentum.

Cotton Terry Towelling Exports in Australia and Oceania

In 2017, the amount of terry towelling of cotton exported in Australia and Oceania stood at X square meters, increasing by X% against the previous year. The total exports indicated a slight expansion from 2007 to 2017: its volume 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 cotton terry towelling exports increased by +X% against 2011 indices. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the cotton terry towelling exports reached its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, cotton terry towelling exports amounted to $X in 2017. The total exports indicated a conspicuous increase from 2007 to 2017: its value 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 cotton terry towelling exports decreased by -X% against 2014 indices. Over the period under review, the cotton terry towelling exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Exports by Country in Australia and Oceania

New Zealand represented the main exporter of terry towelling of cotton in Australia and Oceania, with the volume of exports accounting for X square meters, which was near X% of total exports in 2017. It was distantly followed by Fiji (X square meters), constituting X% share of total exports. Australia (X square meters) followed a long way behind the leaders.

Exports from New Zealand increased at an average annual rate of +X% from 2007 to 2017. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Australia (-X%) illustrated a downward trend over the same period. Australia (X%) significantly strengthened its position in terms of the global exports, while Fiji and New Zealand saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

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

In New Zealand, cotton terry towelling exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Fiji (+X% per year) and Australia (-X% per year).

Cotton Terry Towelling Export Prices by Country in Australia and Oceania

The cotton terry towelling export price in Australia and Oceania stood at $X per thousand square meters in 2017, approximately equating the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the export prices for terry towelling of cotton reached its peak figure level of $X per thousand square meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per thousand square meters) and Australia ($X per thousand square meters), while Fiji ($X per thousand square meters) and Australia ($X per thousand square meters) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

Cotton Terry Towelling Imports in Australia and Oceania

In 2017, approx. X square meters of terry towelling of cotton were imported in Australia and Oceania; dropping by -X% against the previous year. The cotton terry towelling imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. In that year, the cotton terry towelling imports reached their peak volume of X square meters. From 2010 to 2017, growth of the cotton terry towelling imports failed to regain its momentum.

In value terms, cotton terry towelling imports totaled $X in 2017. The cotton terry towelling imports continue to indicate a deep downturn. In that year, the cotton terry towelling imports attained their peak level of $X. From 2010 to 2017, growth of the cotton terry towelling imports stood at a somewhat lower level.

Cotton Terry Towelling Imports by Country in Australia and Oceania

In 2017, Australia (X square meters) and New Zealand (X square meters) represented the key importers of terry towelling of cotton in the globe, together resulting at near X% of total imports. Fiji (X square meters) ranks second in terms of the global imports with a X% share, followed by Vanuatu (X%) and Tonga (X%). Micronesia (Federated States of) (X square meters) and Solomon Islands (X square meters) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vanuatu (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Australia ($X) and Fiji ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Tonga, Vanuatu, Micronesia (Federated States of) and Solomon Islands, which together accounted for a further X%.

In terms of the main importing countries , Vanuatu (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Cotton Terry Towelling Import Prices by Country in Australia and Oceania

The cotton terry towelling import price in Australia and Oceania stood at $X per thousand square meters in 2017, going up by X% against the previous year. The import price indicated a prominent expansion 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 cotton terry towelling import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the import prices for terry towelling of cotton attained its peak figure level of $X per thousand square meters in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Tonga ($X per thousand square meters), while Vanuatu ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Tonga (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform