Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia - 2024

Contents:

  1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (CIF) - 2022
  2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (FOB) - 2024
  3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia
  4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (CIF) - 2022

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.8 per square meter, falling by -11.2% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textile fabrics, rubberised; other than those of heading no. 5902s decreased by -2.7% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 34%. Over the period under review, average import prices hit record highs at $3.2 per square meter in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Portugal ($3.3 per square meter) and Taiwan (Chinese) ($3.3 per square meter), while the price for South Korea ($2.4 per square meter) and Thailand ($2.4 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (FOB) - 2024

In March 2024, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.1 per square meter, falling by -4.4% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 11% against the previous month. As a result, the export price attained the peak level of $3.5 per square meter. From August 2023 to March 2024, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($5.4 per square meter), while the average price for exports to New Caledonia ($3.0 per square meter) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+4.5%), while the prices for the other major destinations experienced a decline.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia

In 2022, supplies from abroad of textile fabrics, rubberised; other than those of heading no. 5902s was finally on the rise to reach 4.2M square meters after two years of decline. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s rose sharply to $12M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,4662,7583,4623,82715.8%
United States2,8302,7782,6222,639-2.3%
Taiwan (Chinese)7376661,1511,16816.6%
Portugal811829278742-2.9%
Germany38548276955513.0%
Spain35.816.925.1374118.6%
Indonesia412288339363-4.1%
South Korea486560371331-12.0%
Japan17928313325813.0%
Canada58.966.018024260.2%
Thailand52.310366.116145.5%
Others1,1099251,0271,026-2.6%
Total9,5629,75410,42511,6876.9%

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Australia in 2022:

  1. China (1478.3K square meters)
  2. United States (963.0K square meters)
  3. Taiwan (Chinese) (359.2K square meters)
  4. Germany (228.4K square meters)
  5. Portugal (224.9K square meters)
  6. Indonesia (151.1K square meters)
  7. South Korea (140.7K square meters)
  8. Spain (115.7K square meters)
  9. Japan (97.6K square meters)
  10. Canada (93.3K square meters)
  11. Thailand (67.2K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia

In 2022, approx. 506K square meters of textile fabrics, rubberised; other than those of heading no. 5902s were exported from Australia; surging by 6.6% compared with the previous year's figure. In general, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. The exports peaked at 788K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $1.7M in 2022. Over the period under review, exports, however, faced a abrupt descent. The exports peaked at $2.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,349796821873-13.5%
Papua New Guinea12110458.31435.7%
Singapore38.510685.413652.3%
United States18237.73.071.3-26.8%
United Kingdom99.246.442.769.0-11.4%
India52.031.446.260.65.2%
Fiji4.33.838.047.9123.3%
China45.914.29.036.7-7.2%
Thailand64.67.15.730.8-21.9%
LatviaN/AN/AN/A24.40%
Malaysia2.816.485.35.827.5%
Philippines4753.121.30.1-94.1%
Others19790.4153163-6.1%
Total2,6311,2561,3691,661-14.2%

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Australia in 2022:

  1. New Zealand (290.4K square meters)
  2. Singapore (46.7K square meters)
  3. Papua New Guinea (31.5K square meters)
  4. United Kingdom (22.2K square meters)
  5. United States (18.2K square meters)
  6. Fiji (16.7K square meters)
  7. India (11.4K square meters)
  8. China (10.0K square meters)
  9. Latvia (8.5K square meters)
  10. Thailand (8.2K square meters)
  11. Malaysia (1.9K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Textile fabrics, rubberised; other than those of heading no. 5902 - Australia