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

Contents:

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

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

In 2022, the average import price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $7,192 per ton, surging by 9.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. The import price peaked at $7,624 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Australia ($7,192 per ton), while the price for South Korea ($7,192 per ton) and China ($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 Austria (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $6,624 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 25%. As a result, the export price reached the peak level of $8,350 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($6,634 per ton) and Australia ($6,626 per ton), while the average price for exports to the UK ($6,608 per ton) and Papua New Guinea ($6,609 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 Australia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, New Zealand recorded growth in overseas purchases of twine, cordage or rope; knotted netting, of other than man-made textileses, which increased by 31% to 432 tons in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $3.1M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 71%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. South Korea (218.8 tons)
2. Vietnam (84.6 tons)
3. Australia (53.8 tons)
4. China (52.0 tons)
5. Austria (9.9 tons)
6. United Kingdom (0.1 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses, when their volume decreased by -69.1% to 7.8 tons. In general, exports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 166%. As a result, the exports reached the peak of 25 tons, and then contracted remarkably in the following year.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses declined dramatically to $52K in 2022. Overall, exports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $135K, and then reduced rapidly in the following year.

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

1. Australia (2839.0 kg)
2. New Caledonia (2641.0 kg)
3. Fiji (906.0 kg)
4. French Polynesia (479.0 kg)
5. Cook Islands (263.0 kg)
6. Papua New Guinea (192.0 kg)
7. United States (161.0 kg)

Source: IndexBox Market Intelligence Platform