Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia - 2024

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $3,854 per ton in 2022, dropping by -28.2% against the previous year. Overall, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when the average import price increased by 34%. The import price peaked at $5,369 per ton in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($10,954 per ton), while the price for Sri Lanka ($1,745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia (FOB) - 2022

In 2022, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $18,247 per ton, rising by 68% against the previous year. In general, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 178%. Over the period under review, the average export prices hit record highs at $42,208 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($139,012 per ton), while the average price for exports to Christmas Island ($1,671 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+144.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia

Imports of yarn of other vegetable textile fibres; paper yarns into Australia skyrocketed to 71 tons in 2022, rising by 22% against the previous year's figure. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 26%.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns dropped to $273K in 2022. Overall, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Australia in 2022:

1. Italy (36.3 tons)
2. Sri Lanka (24.4 tons)
3. China (7.5 tons)
4. India (0.5 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Australia

In 2022, overseas shipments of yarn of other vegetable textile fibres; paper yarns decreased by -76.9% to 3.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 275%.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns shrank sharply to $70K in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. As a result, the exports attained the peak of $180K, and then shrank significantly in the following year.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Australia in 2022:

1. New Zealand (1998.0 kg)
2. Christmas Island (1110.0 kg)
3. Malaysia (488.0 kg)
4. Germany (249.0 kg)

Source: IndexBox Market Intelligence Platform