Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (CIF) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (CIF) - 2024
In January 2024, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $7,075 per ton, with a decrease of -39.7% against the previous month. Overall, the import price saw a deep setback. The growth pace was the most rapid in November 2023 an increase of 97% month-to-month. As a result, import price attained the peak level of $39,492 per ton. From December 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($12,830 per ton), while the price for China ($6,673 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $4,722 per ton, declining by -36.5% against the previous year. In general, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 89% against the previous year. The export price peaked at $19,088 per ton in 2017; however, from 2018 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 Australia ($52,958 per ton), while the average price for exports to Vanuatu ($3,262 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 Netherlands (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
In 2022, imports of man-made filament yarn (other than sewing thread), put up for retail sale into New Zealand rose remarkably to 159 tons, increasing by 13% on 2021. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 100%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $1.9M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 300 | 543 | 522 | 789 | 38.0% |
| Turkey | 154 | 279 | 280 | 363 | 33.1% |
| India | 128 | 246 | 319 | 321 | 35.9% |
| Thailand | 0.1 | N/A | 3.1 | 172 | 1098.1% |
| United States | 39.5 | 37.9 | 35.5 | 16.1 | -25.9% |
| Others | 103 | 25.6 | 38.2 | 191 | 22.9% |
| Total | 724 | 1,131 | 1,197 | 1,853 | 36.8% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to New Zealand in 2022:
- China (65.9 tons)
- India (50.6 tons)
- Turkey (34.1 tons)
- Thailand (4.5 tons)
- United States (1.4 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand
In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -5.1% to 996 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,121%. As a result, the exports reached the peak of 1.1 tons, and then reduced in the following year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale declined dramatically to $4.7K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,082% against the previous year. As a result, the exports attained the peak of $7.8K, and then contracted rapidly in the following year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vanuatu | N/A | N/A | 3.5 | 3.1 | -11.4% |
| Australia | 0.6 | N/A | 3.7 | 1.3 | 29.4% |
| Kiribati | N/A | N/A | N/A | 0.3 | 0% |
| Niue | 0.4 | N/A | N/A | N/A | 0% |
| Wallis and Futuna Islands | N/A | 0.5 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.6 | 0.1 | 0.0% |
| Total | 1.1 | 0.7 | 7.8 | 4.7 | 62.3% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from New Zealand in 2022:
- Vanuatu (955.0 kg)
- Australia (24.0 kg)
- Kiribati (15.0 kg)
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