Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia - 2024

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (CIF) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (CIF) - 2022

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $11 per square meter in 2022, with a decrease of -3.3% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 79% against the previous year. The import price peaked at $12 per square meter in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($13 per square meter) and Ireland ($12 per square meter), while the price for Denmark ($11 per square meter) and China ($11 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (FOB) - 2022

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $13 per square meter, with a decrease of -6.4% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 72% against the previous year. The export price peaked at $15 per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($17 per square meter), while the average price for exports to Brazil ($8.3 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 New Zealand (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair imported into Australia expanded markedly to 444K square meters, picking up by 13% on 2021 figures. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair rose notably to $5M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand9076787381,0474.9%
United Kingdom1,1231,1101,2671,028-2.9%
China6877169701,01613.9%
Italy819711597713-4.5%
Ireland11338.91.023828.2%
Turkey30.945.484.721691.2%
India13619116621115.8%
Denmark82.880.922390.93.2%
Norway64.715112079.77.2%
Japan78.879.210678.0-0.3%
Others462222319303-13.1%
Total4,5044,0224,5925,0203.7%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Australia in 2022:

  1. China (94.0K square meters)
  2. United Kingdom (91.5K square meters)
  3. New Zealand (91.2K square meters)
  4. Italy (62.5K square meters)
  5. Ireland (20.1K square meters)
  6. India (17.9K square meters)
  7. Turkey (16.8K square meters)
  8. Denmark (8.5K square meters)
  9. Norway (7.4K square meters)
  10. Japan (6.6K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair exported from Australia skyrocketed to 116K square meters, rising by 21% compared with the previous year. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports of hit record highs at 145K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair rose significantly to $1.5M in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 15%. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam974452362455-22.4%
New Zealand481357436228-22.0%
BrazilN/A21.1N/A189199.3%
Indonesia26.13.422.818491.7%
United States64.351.666.196.414.5%
Canada12015.225294.4-7.7%
United Arab Emirates19.399.730.451.939.1%
Fiji91.511.11.937.1-26.0%
Malaysia14.14.146.432.331.8%
China20133.229.212.0-60.9%
Hong Kong SAR49.126.03.15.1-53.0%
Others15963.857.791.4-16.9%
Total2,2001,1391,3071,476-12.5%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Australia in 2022:

  1. Vietnam (29.0K square meters)
  2. Brazil (22.6K square meters)
  3. New Zealand (17.0K square meters)
  4. Indonesia (14.4K square meters)
  5. Canada (7.8K square meters)
  6. United States (7.7K square meters)
  7. United Arab Emirates (4.3K square meters)
  8. Malaysia (2.6K square meters)
  9. Fiji (2.2K square meters)
  10. China (1.0K square meters)
  11. Hong Kong SAR (0.3K square meters)

Source: IndexBox Market Intelligence Platform

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