Australia and Oceania: Metallised Yarn Market 2024

Metallised Yarn Market Size in Australia and Oceania

The metallised yarn market in Australia and Oceania declined to $X in 2023, dropping by X% against the previous year. Over the period under review, consumption, however, posted modest growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Metallised Yarn Production in Australia and Oceania

In value terms, metallised yarn production expanded notably to $X in 2023 estimated in export price. In general, production, however, posted modest growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth failed to regain momentum.

Metallised Yarn Exports

Exports in Australia and Oceania

In 2023, approx. X tons of metallised yarn and strip were exported in Australia and Oceania; with an increase of X% against 2022 figures. Total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in the immediate term.

In value terms, metallised yarn exports surged to $X in 2023. Total exports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

In 2023, Australia (X tons), followed by New Zealand (X tons) were the major exporters of metallised yarn and strip, together constituting X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, the largest metallised yarn supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Metallised Yarn Imports

Imports in Australia and Oceania

In 2023, supplies from abroad of metallised yarn and strip decreased by X% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, imports, however, continue to indicate notable growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, metallised yarn imports reduced sharply to $X in 2023. Overall, imports, however, posted measured growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

New Zealand was the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Australia (X tons), making up an X% share of total imports. Tonga (X tons) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to metallised yarn imports into New Zealand stood at X%. At the same time, Tonga (X%) displayed positive paces of growth. Moreover, Tonga emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Tonga (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, New Zealand ($X), Australia ($X) and Tonga ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

In terms of the main importing countries, Tonga, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Tonga ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform