Price for Tents of Synthetic Fibres in New Zealand - 2023

Contents:

1. Price for Tents of Synthetic Fibres in New Zealand (CIF) - 2022
2. Price for Tents of Synthetic Fibres in New Zealand (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in New Zealand
4. Exports of Tents of Synthetic Fibres in New Zealand

Price for Tents of Synthetic Fibres in New Zealand (CIF) - 2022

The average tents of synthetic fibres import price stood at $10,349 per ton in 2022, which is down by -4.1% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 37%. The import price peaked at $10,786 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($10,349 per ton), while the price for China ($10,349 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced a decline.

Price for Tents of Synthetic Fibres in New Zealand (FOB) - 2022

The average tents of synthetic fibres export price stood at $13,856 per ton in 2022, picking up by 30% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 78% against the previous year. As a result, the export price reached the peak level of $31,061 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($13,862 per ton) and Australia ($13,857 per ton), while the average price for exports to Fiji ($13,856 per ton) and the United States ($13,856 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tents of Synthetic Fibres in New Zealand

In 2022, the amount of tents of synthetic fibreses imported into New Zealand soared to 3.5K tons, jumping by 29% on 2021 figures. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tents of synthetic fibres imports soared to $36M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to New Zealand in 2022:

1. China (3098.0 tons)
2. Vietnam (117.5 tons)
3. Bangladesh (78.9 tons)

Exports of Tents of Synthetic Fibres in New Zealand

In 2022, tents of synthetic fibres exports from New Zealand soared to 86 tons, with an increase of 22% on the year before. Overall, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 114% against the previous year.

In value terms, tents of synthetic fibres exports skyrocketed to $1.2M in 2022. In general, exports, however, faced a deep slump.

Top Export Markets for Tents of Synthetic Fibres from New Zealand in 2022:

1. Australia (55.1 tons)
2. United States (24.5 tons)
3. Fiji (1.9 tons)
4. Cook Islands (0.7 tons)

Source: IndexBox Market Intelligence Platform