Australia: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Australia

The Australian cotton embroidery market surged to $X in 2022, increasing by X% against the previous year. In general, consumption continues to indicate a perceptible increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cotton Embroidery Production in Australia

In value terms, cotton embroidery production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Cotton Embroidery Exports

Exports from Australia

In 2022, overseas shipments of cotton embroidery in the piece increased by X% to X kg, rising for the third year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, cotton embroidery exports amounted to $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X kg), Malaysia (X kg) and the United States (X kg) were the main destinations of cotton embroidery exports from Australia, together accounting for X% of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) emerged as the key foreign market for cotton embroidery in the piece exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2013 to 2022, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United States (X% per year).

Export Prices by Country

The average cotton embroidery export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Embroidery Imports

Imports into Australia

In 2022, overseas purchases of cotton embroidery in the piece increased by X% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, cotton embroidery imports soared to $X in 2022. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest cotton embroidery supplier to Australia, with a X% share of total imports. Moreover, cotton embroidery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Japan (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of cotton embroidery in the piece to Australia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

Import Prices by Country

The average cotton embroidery import price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Thailand ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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