Australia: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Australia

The Australian knitted shawl and scarf market shrank to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Australia

In value terms, knitted shawl and scarf production skyrocketed to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Australia

In 2022, the amount of shawls, scarves and the like of knitted or crocheted textiles exported from Australia declined to X units, waning by X% against 2021 figures. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports expanded notably to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China (X units), New Zealand (X units) and the United States (X units) were the main destinations of knitted shawl and scarf exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for shawls, scarves and the like of knitted or crocheted textiles exports from Australia, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and the United States (X% per year).

Export Prices by Country

The average knitted shawl and scarf export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, export price indicated a notable increase 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 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Australia

In 2022, purchases abroad of shawls, scarves and the like of knitted or crocheted textiles decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, knitted shawl and scarf imports declined modestly to $X in 2022. In general, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main knitted shawl and scarf supplier to Australia, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Australia.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, surging by 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 average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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