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

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

The market for polyester tow and staple, not carded, combed or otherwise processed for spinning in Australia and Oceania reduced to $X in 2022, with a decrease of -1.7% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell in the following year.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2018 with an increase of 22%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

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

Exports in Australia and Oceania

In 2022, the amount of polyester tow and staple, not carded, combed or otherwise processed for spinning exported in Australia and Oceania soared to X tons, with an increase of 39% compared with 2021. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2015 with an increase of 190%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning skyrocketed to $X in 2022. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 87%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

New Zealand represented the main exporter of polyester tow and staple, not carded, combed or otherwise processed for spinning in Australia and Oceania, with the volume of exports recording X tons, which was approx. 62% of total exports in 2022. It was distantly followed by Australia (X tons), mixing up a 38% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of -4.2%).

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, New Zealand, with a CAGR of -0.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by 19% against the previous year. In general, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when the export price increased by 106%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.3%).

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

Imports in Australia and Oceania

Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to X tons in 2022, waning by -12.6% on the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 36%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Australia was the main importer of polyester tow and staple, not carded, combed or otherwise processed for spinning in Australia and Oceania, with the volume of imports reaching X tons, which was approx. 71% of total imports in 2022. It was distantly followed by New Zealand (X tons), constituting a 29% share of total imports.

Australia was also the fastest-growing in terms of the polyester tow and staple, not carded, combed or otherwise processed for spinning imports, with a CAGR of +1.2% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. Australia (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -1.9% from 2012 to 2022, respectively.

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Australia, with a CAGR of +0.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 20%. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+0.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :