Australia and Oceania: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Exports

Exports in Australia and Oceania

In 2022, exports of woven fabrics of man-made filaments and staple fibers in Australia and Oceania dropped sharply to X square meters, falling by X% on the previous year. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters, and then contracted dramatically in the following year.

In value terms, man-made filament fabric exports declined to $X in 2022. Overall, exports recorded a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X square meters) and New Zealand (X square meters) prevails in exports structure, together creating X% of total exports. Fiji (X square meters) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, New Zealand ($X), Australia ($X) and Fiji ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per square meter, growing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per square meter), while Fiji ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the export price figures.

Man-Made Filament Fabric Imports

Imports in Australia and Oceania

In 2022, purchases abroad of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters, rising for the third consecutive year after three years of decline. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, man-made filament fabric imports rose slightly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia was the largest importing country with an import of around X square meters, which finished at X% of total imports. New Zealand (X square meters) ranks second in terms of the total imports with an X% share, followed by Fiji (X%) and Papua New Guinea (X%).

Australia experienced a relatively flat trend pattern with regard to volume of imports of woven fabrics of man-made filaments and staple fibers. At the same time, Papua New Guinea (X%) and Fiji (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. While the share of Fiji (X p.p.) and Papua New Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

In Australia, man-made filament fabric imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per square meter, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2020 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per square meter), while Papua New Guinea ($X per square meter) 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 mixed trends in the import price figures.

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Source: IndexBox Platform

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