Australia: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2023

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Australia

After four years of growth, the Australian high-tenacity filament nylon yarn market decreased by -10.1% to $X in 2021. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Australia

In 2021, after three years of growth, there was significant decline in shipments abroad of high-tenacity filament yarn of nylon or other polyamides, when their volume decreased by -85.2% to X kg. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 156% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports contracted remarkably to $X in 2021. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2014 when exports increased by 114%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X kg) was the main destination for high-tenacity filament nylon yarn exports from Australia, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil amounted to -5.6%.

In value terms, Brazil ($X) remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Australia, comprising 98% of total exports. The second position in the ranking was taken by Thailand ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -16.1%.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2021, picking up by 41% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 214% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Thailand ($X per ton), while the average price for exports to Brazil amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Australia

In 2021, approx. X tons of high-tenacity filament yarn of nylon or other polyamides were imported into Australia; declining by -13.7% against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 24%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, high-tenacity filament nylon yarn imports dropped to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Australia, together accounting for 95% of total imports. The Netherlands and the United States lagged somewhat behind, together comprising a further 4.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +44.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest high-tenacity filament nylon yarn suppliers to Australia were Germany ($X), China ($X) and the Netherlands ($X), with a combined 87% share of total imports.

The Netherlands, with a CAGR of +51.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2021, rising by 4.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 an increase of 23%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :