Australia and Oceania: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2025

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Australia and Oceania

In 2021, the market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania increased by 31% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Australia and Oceania

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a deep reduction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports in Australia and Oceania

In 2021, the amount of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exported in Australia and Oceania fell notably to X tons, which is down by -18.1% on the year before. Overall, exports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,020%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning fell slightly to $X in 2021. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2017 when exports increased by 309%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Australia was the key exporter of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania, with the volume of exports accounting for X tons, which was near 74% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating a 26% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exports from Australia stood at +2.0%. At the same time, New Zealand (+29.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +29.6% from 2012-2021. New Zealand (+22 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -21.7% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in Australia and Oceania, comprising 72% of total exports. The second position in the ranking was held by New Zealand ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at -9.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when the export price increased by 399% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-4.4%).

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports in Australia and Oceania

In 2021, supplies from abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 10% to X tons, rising for the second consecutive year after six years of decline. Total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +43.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. In general, imports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of 43% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Australia was the key importer of polypropylene synthetic 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. 86% of total imports in 2021. It was distantly followed by New Zealand (X tons), creating a 14% share of total imports.

Australia was also the fastest-growing in terms of the polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning imports, with a CAGR of +7.9% from 2012 to 2021. New Zealand (-10.5%) illustrated a downward trend over the same period. Australia (+33 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -31.7% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total imports.

In Australia, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning expanded at an average annual rate of +6.5% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 20% against the previous year. Overall, the import price, however, saw a pronounced downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-1.3%).

Source: IndexBox Platform

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