Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia - 2024

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (CIF) - 2022
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $9,231 per ton in 2022, declining by -3.9% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 47%. The import price peaked at $11,307 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15,667 per ton), while the price for the UK ($8,621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (FOB) - 2022

The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $2,249 per ton in 2022, reducing by -85.9% against the previous year. In general, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 116%. The export price peaked at $15,976 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($33,391 per ton), while the average price for exports to India ($573 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 the United States (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia

In 2022, supplies from abroad of fabrics; "long pile" fabrics, knitted or crocheteds was finally on the rise to reach 82 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds surged to $760K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom86.017224334959.5%
China400293267344-4.9%
United States3.451.31.0N/A-45.8%
Others37.335.745.267.121.6%
Total52755255676013.0%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Australia in 2022:

  1. United Kingdom (40.5 tons)
  2. China (39.8 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia

In 2022, approx. 19 tons of fabrics; "long pile" fabrics, knitted or crocheteds were exported from Australia; jumping by 1,451% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $42K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,140% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A18.70%
FijiN/AN/AN/A12.30%
IndiaN/AN/A15.09.6-36.0%
New Zealand20.41.31.51.1-62.2%
Others0.20.32.60.20.0%
Total20.61.519.141.826.6%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Australia in 2022:

  1. India (16.7 tons)
  2. Fiji (1.1 tons)
  3. Qatar (0.6 tons)
  4. New Zealand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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