Australia: Net Fabric Market 2024

Net Fabric Market Size in Australia

The Australian net fabric market dropped slightly to $X in 2022, stabilizing at the previous year. Overall, consumption showed resilient growth. Net fabric consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Net Fabric Production in Australia

In value terms, net fabric production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Net fabric production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Net Fabric Exports

Exports from Australia

In 2022, the amount of tulles and other net fabrics exported from Australia surged to X kg, increasing by X% on the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, net fabric exports surged to $X in 2022. In general, exports continue to indicate moderate growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X kg), the UK (X kg) and the United States (X kg) were the main destinations of net fabric exports from Australia, together comprising X% 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 the UK (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), New Zealand ($X) and the United States ($X) appeared to be the largest markets for net fabric exported from Australia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average net fabric export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

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

Net Fabric Imports

Imports into Australia

In 2022, the amount of tulles and other net fabrics imported into Australia skyrocketed to X tons, surging by X% on the year before. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, net fabric imports skyrocketed to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of net fabric to Australia, accounting for a X% share of total imports. Moreover, net fabric imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a X% share.

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

In value terms, India ($X) constituted the largest supplier of tulles and other net fabrics to Australia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

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

Import Prices by Country

The average net fabric import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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