Australia and Oceania: Textile Wick Market 2020

Textile Wick Market Size in Australia and Oceania

The revenue of the textile wick market in Australia and Oceania amounted to $X in 2017, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The textile wick consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2011, when market value increased by X% against the previous year. The level of textile wick consumption peaked of $X in 2016, and then declined slightly in the following year.

Textile Wick Exports in Australia and Oceania

The exports stood at X tons in 2017, rising by X% against the previous year. The textile wick exports continue to indicate a strong expansion. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, textile wick exports stood at $X in 2017. The textile wick exports continue to indicate a measured growth. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Textile Wick Exports by Country in Australia and Oceania

Australia dominates textile wick exports structure, resulting at X tons, which was near X% of total exports in 2017. New Zealand (X tons) followed a long way behind the leaders.

Australia was also the fastest growing in terms of the textile wicks, conveyor belts or belting exports, with a CAGR of +X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Australia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest textile wick supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Australia amounted to +X%.

Textile Wick Export Prices by Country in Australia and Oceania

In 2017, the textile wick export price in Australia and Oceania amounted to $X per ton, dropping by -X% against the previous year. The textile wick export price continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. In that year, the export prices for textile wicks, conveyor belts or belting reached their peak level of $X per kg. From 2012 to 2017, growth of the export prices for textile wicks, conveyor belts or belting failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (-X% per year).

Textile Wick Imports in Australia and Oceania

The imports amounted to X tons in 2017, going down by -X% against the previous year. The textile wick imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2014, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, textile wick imports stood at $X in 2017. The textile wick imports continue to indicate a strong expansion. Over the period under review, the textile wick imports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Textile Wick Imports by Country in Australia and Oceania

Australia prevails in textile wick imports structure, accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X tons), generating X% share of total imports. New Caledonia (X tons), Fiji (X tons) and Papua New Guinea (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to textile wick imports into Australia stood at +X%. At the same time, New Caledonia (+X%), Papua New Guinea (+X%), Fiji (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. New Caledonia (-X%) and Australia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported textile wicks, conveyor belts or belting in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by New Caledonia, with a X% share.

In Australia, textile wick imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and New Caledonia (+X% per year).

Textile Wick Import Prices by Country in Australia and Oceania

The textile wick import price in Australia and Oceania stood at $X per ton in 2017, going up by X% against the previous year. The textile wick import price continues to indicate a moderate drop. The growth pace was the most rapid in 2017, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Zealand ($X per kg), while New Caledonia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Fiji (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform