Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia - 2023

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (CIF) - 2022

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,767 per ton in 2022, shrinking by -2.4% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -3.6% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 76%. Over the period under review, average import prices attained the maximum at $8,053 per ton in 2020; however, from 2021 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 highest price was recorded for prices from Vietnam ($7,710 per ton) and the United States ($7,710 per ton), while the price for China ($7,710 per ton) and Japan ($7,710 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $8,645 per ton, surging by 2.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,940 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($10,000 per ton) and the United States ($8,646 per ton), while the average price for exports to the UK ($8,644 per ton) and New Zealand ($8,645 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia

In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses imported into Australia rose rapidly to 12K tons, growing by 12% against 2021 figures. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $91M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 18%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.056.962.670.913.9%
Netherlands3.53.13.53.71.9%
United States3.74.52.32.9-7.8%
Vietnam2.42.52.12.1-4.4%
Japan1.62.52.51.84.0%
Others7.79.610.39.26.1%
Total66.979.283.290.610.6%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Australia in 2022:

  1. China (9.2K tons)
  2. Netherlands (0.5K tons)
  3. United States (0.4K tons)
  4. Vietnam (0.3K tons)
  5. Japan (0.2K tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia

In 2022, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses from Australia soared to 299 tons, with an increase of 33% on 2021. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses soared to $2.6M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,3571,4751,2832,03214.4%
Papua New Guinea167191162125-9.2%
Hong Kong SAR30.714.44.092.344.3%
Malaysia37.519151.356.114.4%
United States4.311.615145.1118.9%
Others373704248233-14.5%
Total1,9692,5871,9002,5839.5%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Australia in 2022:

  1. New Zealand (235.0 tons)
  2. Papua New Guinea (14.4 tons)
  3. Hong Kong SAR (10.7 tons)
  4. Malaysia (6.5 tons)
  5. United States (5.2 tons)

Source: IndexBox Market Intelligence Platform

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