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

Contents:

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

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

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.8 per square meter in March 2024, waning by -15.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 12% against the previous month. Over the period under review, average import prices reached the peak figure at $3.4 per square meter in February 2024, and then declined remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($4.4 per square meter), while the price for Canada ($2.6 per square meter) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.7 per square meter, increasing by 4.5% against the previous year. In general, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $4.5 per square meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($5 per square meter), while the average price for exports to Canada ($2.6 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 Hong Kong SAR (+16.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into New Zealand declined to 898K square meters, which is down by -5.6% against the previous year's figure. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 952K square meters, and then reduced in the following year.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s reduced markedly to $2.6M in 2022. The total import value increased at an average annual rate of +1.8% 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 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $3.1M, and then plummeted in the following year.

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

1. China (284.6K square meters)
2. Belgium (135.6K square meters)
3. Indonesia (92.9K square meters)
4. South Korea (74.2K square meters)
5. Canada (67.1K square meters)
6. United States (55.0K square meters)
7. Japan (38.1K square meters)
8. Australia (26.6K square meters)
9. Czech Republic (21.1K square meters)
10. Vietnam (20.6K square meters)
11. United Kingdom (15.8K square meters)
12. Taiwan (Chinese) (15.7K square meters)

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

In 2022, approx. 127K square meters of textile fabrics, rubberised; other than those of heading no. 5902s were exported from New Zealand; with an increase of 4.3% compared with the previous year's figure. In general, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 40%. As a result, the exports reached the peak of 272K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s reached $478K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Canada (64.1K square meters)
2. Australia (60.8K square meters)

Source: IndexBox Market Intelligence Platform