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

Contents:

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

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

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.4 per square meter, increasing by 1.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 18%. The import price peaked at $0.4 per square meter in 2013; however, from 2014 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 countries with the highest prices were India ($0.4 per square meter) and Italy ($0.4 per square meter), while the price for Saudi Arabia ($0.3 per square meter) and the United Arab Emirates ($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 India (+3.0%), 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 New Zealand (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, surging by 16% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics, woven; from strip or the like, of synthetic textile materialses increased by +33.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 42%. Over the period under review, the average export prices reached the peak figure at $0.7 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($0.9 per square meter), while the average price for exports to French Polynesia ($0.2 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 Thailand (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of fabrics, woven; from strip or the like, of synthetic textile materialses into New Zealand was estimated at 32M square meters in 2022, increasing by 1.7% against 2021. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses rose modestly to $12M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. 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 see steady growth in the near future.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0671,7372,6043,22144.5%
Saudi Arabia1,5911,5172,5283,01723.8%
United Arab Emirates1,8501,5962,1581,739-2.0%
India8866771,2501,1579.3%
Netherlands743609325589-7.5%
Greece20522029255439.3%
Italy23215948132311.7%
United States29118415789.3-32.5%
Thailand45628920581.3-43.7%
Others8368551,222831-0.2%
Total8,1577,84311,22311,60112.5%

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

  1. Saudi Arabia (8.9M square meters)
  2. China (8.5M square meters)
  3. United Arab Emirates (4.8M square meters)
  4. India (3.1M square meters)
  5. Netherlands (1.6M square meters)
  6. Greece (1.5M square meters)
  7. Italy (0.9M square meters)
  8. United States (0.2M square meters)
  9. Thailand (0.2M square meters)

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

For the third year in a row, New Zealand recorded decline in overseas shipments of fabrics, woven; from strip or the like, of synthetic textile materialses, which decreased by -67.8% to 245K square meters in 2022. Overall, exports recorded a significant decline. The smallest decline of -3% was in 2020. The exports peaked at 932K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses shrank dramatically to $120K in 2022. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $384K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand70.310468.139.2-17.7%
United States18754.792.837.1-41.7%
Tonga10.442.330.38.8-5.4%
Australia26.880.259.98.6-31.5%
New Caledonia15.340.134.74.6-33.0%
Papua New Guinea1.06.27.24.261.3%
Singapore0.40.83.03.2100.0%
China0.65.71.71.844.2%
France1.01.52.91.719.3%
French Polynesia3.45.20.81.4-25.6%
Hong Kong SAR1.83.02.21.4-8.0%
Others23.540.318.28.2-29.6%
Total342384322120-29.5%

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

  1. United States (88.9K square meters)
  2. Thailand (46.0K square meters)
  3. Australia (20.5K square meters)
  4. Tonga (20.2K square meters)
  5. Papua New Guinea (11.9K square meters)
  6. New Caledonia (11.0K square meters)
  7. Singapore (8.8K square meters)
  8. French Polynesia (7.4K square meters)
  9. Hong Kong SAR (5.5K square meters)
  10. France (4.7K square meters)
  11. China (4.7K square meters)

Source: IndexBox Market Intelligence Platform

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