Australia and Oceania: Twine And Cordage Market 2024

Twine And Cordage Market Size in Australia and Oceania

In 2022, the twine and cordage market in Australia and Oceania decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Twine And Cordage Production in Australia and Oceania

In value terms, twine and cordage production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Twine And Cordage Exports

Exports in Australia and Oceania

In 2022, the amount of twine, cordage, rope and cables exported in Australia and Oceania fell dramatically to X tons, dropping by X% against the year before. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, twine and cordage exports dropped dramatically to $X in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand represented the key exporter of twine, cordage, rope and cables in Australia and Oceania, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Australia (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to twine and cordage exports from New Zealand stood at X%. Australia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, the largest twine and cordage supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

In terms of the main exporting countries, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, falling by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

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

Twine And Cordage Imports

Imports in Australia and Oceania

In 2022, purchases abroad of twine, cordage, rope and cables decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, twine and cordage imports contracted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Australia was the main importer of twine, cordage, rope and cables in Australia and Oceania, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports. The following importers - Marshall Islands (X tons) and Papua New Guinea (X tons) - each recorded an X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of twine, cordage, rope and cables. At the same time, Marshall Islands (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Marshall Islands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Marshall Islands (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain 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 ($X per ton) and New Zealand ($X per ton), while Papua New Guinea ($X per ton) and Australia ($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) :