Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia - 2024

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (CIF) - 2022
  2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (FOB) - 2022
  3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia
  4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $5,262 per ton, surging by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($5,305 per ton), while the price for China totaled $5,187 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,121 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 57% against the previous year. As a result, the export price attained the peak level of $14,969 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +33.7% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia

In 2022, purchases abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters decreased by -33.1% to 92 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45%.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters declined markedly to $484K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13731928026224.1%
Indonesia2092164192150.9%
Japan15.75.51.0N/A-74.8%
OthersN/A7.9N/A6.3-10.7%
Total36254970148410.2%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Australia in 2022:

  1. China (50.6 tons)
  2. Indonesia (40.5 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia

Exports of textile fabrics; tyrecord of high tenacity yarn of polyesters from Australia fell markedly to 6 tons in 2022, waning by -62.8% on the previous year. In general, exports saw a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 34%.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters contracted sharply to $25K in 2022. Over the period under review, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 38%.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A27.824.8-10.8%
Hong Kong SARN/A10.423.6N/A126.9%
New Zealand41.125.1N/AN/A-38.9%
Thailand5.0N/AN/AN/A0%
Indonesia54.8N/AN/AN/A0%
Taiwan (Chinese)11.8N/AN/AN/A0%
Netherlands36.7N/AN/AN/A0%
Others6.51.9N/AN/A-70.8%
Total15637.451.524.8-45.8%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Australia in 2022:

  1. China (6.0 tons)

Source: IndexBox Market Intelligence Platform

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