Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.4 per square meter in 2022, rising by 1.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 17%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 Arab Emirates ($0.4 per square meter) and India ($0.4 per square meter), while the price for the UK ($0.3 per square meter) and Thailand ($0.4 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.5 per square meter, rising by 18% against the previous year. Overall, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. The export price peaked at $0.6 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($0.9 per square meter), while the average price for exports to New Caledonia ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia

Imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Australia reached 84M square meters in 2022, approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of 88M square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses rose slightly to $31M in 2022. The total import value increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses reached the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Australia in 2022:

1. Saudi Arabia (29.9M square meters)
2. China (27.4M square meters)
3. India (8.4M square meters)
4. Thailand (4.3M square meters)
5. Spain (2.5M square meters)
6. United Arab Emirates (2.4M square meters)
7. Greece (2.4M square meters)
8. United Kingdom (0.7M square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Australia

Exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Australia contracted modestly to 738K square meters in 2022, waning by -3.7% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 67%. As a result, the exports attained the peak of 766K square meters, and then contracted in the following year.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses expanded sharply to $361K in 2022. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 108% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Australia in 2022:

1. New Zealand (214.1K square meters)
2. United States (188.4K square meters)
3. Taiwan (Chinese) (128.5K square meters)
4. Maldives (66.4K square meters)
5. New Caledonia (32.6K square meters)
6. Japan (19.2K square meters)
7. Canada (14.2K square meters)
8. Fiji (4.5K square meters)

Source: IndexBox Market Intelligence Platform