Australia and Oceania: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Australia and Oceania

The market for other synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania was estimated at $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Australia and Oceania

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Exports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Exports in Australia and Oceania

After two years of growth, overseas shipments of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by X% to X kg in 2023. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced notably to $X in 2023. Over the period under review, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

Australia (X kg) represented roughly X% of total exports in 2023.

Australia was also the fastest-growing in terms of the other synthetic tow and staple not carded, combed or otherwise processed for spinning exports, with a CAGR of X% from 2012 to 2023. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in Australia and Oceania.

In Australia, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2023, the rate of growth in terms of prices for Australia amounted to X% per year.

Imports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Imports in Australia and Oceania

In 2023, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania shrank to X tons, which is down by X% compared with 2022 figures. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning shrank remarkably to $X in 2023. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

Australia dominates spinning structure, amounting to X tons, which was near X% of total imports in 2023. Papua New Guinea (X tons) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to other synthetic tow and staple not carded, combed or otherwise processed for spinning imports into Australia stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. Papua New Guinea (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, Australia ($X) constitutes the largest market for imported other synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Australia amounted to X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Australia amounted to $X per ton.

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

Source: IndexBox Platform