Price for Wigs; Complete, of Synthetic Textile Materials in Australia - 2023

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Australia (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Australia (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Australia
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Australia

Price for Wigs; Complete, of Synthetic Textile Materials in Australia (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $115 per unit in 2022, increasing by 6.8% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 an increase of 475%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Israel ($115 per unit) and Kenya ($115 per unit), while the price for Bangladesh ($115 per unit) and Thailand ($115 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Australia (FOB) - 2022

In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $125 per unit, falling by -44.2% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices reached the peak figure at $357 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were New Zealand ($128 per unit) and Japan ($126 per unit), while the average price for exports to Cyprus ($124 per unit) and the United States ($125 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wigs; Complete, of Synthetic Textile Materials in Australia

In 2022, the amount of wigs; complete, of synthetic textile materialses imported into Australia reduced to 21K units, which is down by -5.2% compared with the year before. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 22K units, and then contracted in the following year.

In value terms, imports of wigs; complete, of synthetic textile materialses amounted to $2.4M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Australia in 2022:

1. China (5.9K units)
2. Indonesia (5.3K units)
3. Kenya (4.2K units)
4. United States (1.8K units)
5. Thailand (0.7K units)
6. Bangladesh (0.6K units)
7. Israel (0.5K units)
8. United Kingdom (0.3K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Australia

In 2022, exports of wigs; complete, of synthetic textile materialses from Australia skyrocketed to 1.9K units, increasing by 603% on the previous year. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 27,500%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of wigs; complete, of synthetic textile materialses surged to $242K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 43,011% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Australia in 2022:

1. United States (1580.0 units)
2. Cyprus (239.0 units)
3. Japan (63.0 units)
4. United Kingdom (32.0 units)

Source: IndexBox Market Intelligence Platform