Price for Clothing; Parts, Knitted or Crocheted in New Zealand - 2023

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in New Zealand (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in New Zealand (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in New Zealand
4. Exports of Clothing; Parts, Knitted or Crocheted in New Zealand

Price for Clothing; Parts, Knitted or Crocheted in New Zealand (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $34,550 per ton, with an increase of 12% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 34%. The import price peaked at $65,250 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($36,600 per ton) and China ($34,611 per ton), while the price for India ($32,000 per ton) and Taiwan (Chinese) ($34,447 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in New Zealand (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $78,217 per ton in 2022, surging by 19% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 403%. As a result, the export price attained the peak level of $89,678 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +17.2% per year.

Imports of Clothing; Parts, Knitted or Crocheted in New Zealand

In 2022, imports of clothing; parts, knitted or crocheted into New Zealand rose significantly to 981 kg, growing by 14% compared with 2021. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 249% against the previous year. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, clothing; parts, knitted or crocheted imports soared to $34K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 217%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to New Zealand in 2022:

1. China (506.0 kg)
2. Sri Lanka (142.0 kg)
3. Slovakia (123.0 kg)
4. Italy (118.0 kg)
5. Taiwan (Chinese) (76.0 kg)

Exports of Clothing; Parts, Knitted or Crocheted in New Zealand

Clothing; parts, knitted or crocheted exports from New Zealand contracted to 23 kg in 2022, dropping by -14.8% compared with the previous year's figure. Overall, exports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. As a result, the exports attained the peak of 27 kg, and then dropped in the following year.

In value terms, clothing; parts, knitted or crocheted exports stood at $1.8K in 2022. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 223% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from New Zealand in 2022:

1. Australia (23.0 kg)

Source: IndexBox Market Intelligence Platform