Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia - 2024

Contents:

1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia (CIF) - 2022
2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia (FOB) - 2022
3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia
4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $7,004 per ton in 2022, declining by -3.5% against the previous year. Overall, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2017 an increase of 28%. Over the period under review, average import prices hit record highs at $8,862 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($13,707 per ton), while the price for Thailand ($3,955 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia (FOB) - 2022

The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $11,461 per ton in 2022, dropping by -44.8% against the previous year. Overall, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of 19% against the previous year. As a result, the export price attained the peak level of $26,654 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($23,706 per ton), while the average price for exports to Malaysia ($5,225 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 China (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia

Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Australia skyrocketed to 3.2K tons in 2022, with an increase of 19% against the previous year's figure. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable 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 fabrics, knitted or crocheted, of a width of > 30 cms totaled $22M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Australia in 2022:

1. China (1993.4 tons)
2. Vietnam (407.2 tons)
3. Indonesia (371.6 tons)
4. Thailand (125.0 tons)
5. South Africa (93.6 tons)
6. Taiwan (Chinese) (40.8 tons)
7. Netherlands (22.7 tons)
8. Belgium (13.6 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Australia

In 2022, approx. 142 tons of fabrics, knitted or crocheted, of a width of > 30 cms were exported from Australia; jumping by 88% compared with 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms stood at $1.6M in 2022. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Australia in 2022:

1. New Zealand (59.3 tons)
2. Fiji (32.6 tons)
3. Indonesia (15.1 tons)
4. Jordan (12.5 tons)
5. United States (6.0 tons)
6. Malaysia (4.4 tons)
7. China (3.6 tons)
8. Philippines (2.1 tons)
9. Vietnam (1.0 tons)
10. Germany (0.9 tons)
11. Hong Kong SAR (0.2 tons)

Source: IndexBox Market Intelligence Platform