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

Contents:

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

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

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $8,134 per ton, rising by 38% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 284%. The import price peaked at $21,007 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Dominican Republic ($12,115 per ton), while the price for India ($3,412 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $20,890 per ton in 2022, dropping by -31.3% against the previous year. In general, the export price, however, saw a notable expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 72%. The export price peaked at $34,373 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($21,039 per ton) and Cook Islands ($20,292 per ton), while the average price for exports to New Caledonia ($15,000 per ton) and Fiji ($20,059 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 Fiji (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in New Zealand

Imports of yarn of other vegetable textile fibres; paper yarns into New Zealand declined sharply to 8.3 tons in 2022, falling by -64.1% on 2021. Overall, imports saw a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 58%.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns declined notably to $68K in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of $156K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (6.8 tons)
2. Hong Kong SAR (0.9 tons)
3. Dominican Republic (0.4 tons)
4. India (0.1 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of yarn of other vegetable textile fibres; paper yarns, which increased by 34% to 273 kg in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 244%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns reduced to $5.7K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 267% against the previous year. As a result, the exports reached the peak of $6.2K, and then declined in the following year.

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

1. Australia (231.0 kg)
2. Cook Islands (24.0 kg)
3. Fiji (17.0 kg)
4. New Caledonia (1.0 kg)

Source: IndexBox Market Intelligence Platform