Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia - 2024

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $7,192 per ton in 2022, picking up by 9.4% against the previous year. Over the period under review, the import price recorded a moderate expansion. The pace of growth appeared the most rapid in 2017 an increase of 45%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($7,192 per ton) and India ($7,192 per ton), while the price for Italy ($7,192 per ton) and Mexico ($7,192 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia (FOB) - 2022

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $6,625 per ton in 2022, with an increase of 25% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 69%. Over the period under review, the average export prices hit record highs at $15,799 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($6,635 per ton) and Qatar ($6,627 per ton), while the average price for exports to Canada ($6,623 per ton) and Papua New Guinea ($6,624 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 New Zealand (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia

In 2022, approx. 659 tons of twine, cordage or rope; knotted netting, of other than man-made textileses were imported into Australia; with an increase of 29% against the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses soared to $4.7M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Australia in 2022:

1. Malaysia (299.9 tons)
2. China (169.3 tons)
3. Netherlands (85.0 tons)
4. India (35.0 tons)
5. Vietnam (20.8 tons)
6. Mexico (13.4 tons)
7. United States (11.8 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Australia

In 2022, shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses was finally on the rise to reach 93 tons after two years of decline. In general, exports, however, continue to indicate a abrupt slump.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $614K in 2022. Overall, exports, however, faced a drastic downturn.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Australia in 2022:

1. New Zealand (53.3 tons)
2. India (24.9 tons)
3. Philippines (5.7 tons)
4. Papua New Guinea (3.6 tons)
5. Canada (1.7 tons)
6. Qatar (1.4 tons)

Source: IndexBox Market Intelligence Platform