Australia and Oceania: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Australia and Oceania

In 2022, after two years of growth, there was decline in the synthetic yarn market in Australia and Oceania, when its value decreased by X% to $X. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market hit record highs at $X in 2021, and then reduced modestly in the following year.

Synthetic Yarn Production in Australia and Oceania

In value terms, synthetic yarn production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in years to come.

Synthetic Yarn Exports

Exports in Australia and Oceania

Synthetic yarn exports surged to X tons in 2022, increasing by X% against the year before. Overall, exports, however, continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, synthetic yarn exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. New Zealand (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the yarn of synthetic or artificial staple fibers exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest synthetic yarn supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, synthetic yarn exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. In general, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

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

Synthetic Yarn Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in purchases abroad of yarn of synthetic or artificial staple fibers, when their volume decreased by X% to X tons. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, synthetic yarn imports expanded modestly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Australia (X tons) represented the largest importer of yarn of synthetic or artificial staple fibers, making up X% of total imports. It was distantly followed by Papua New Guinea (X tons) and New Zealand (X tons), together comprising a X% share of total imports. American Samoa (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, American Samoa (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, American Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Papua New Guinea and American Samoa increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported yarn of synthetic or artificial staple fibers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic yarn import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

Frequently Asked Questions (FAQ) :