Australia: Metallised Yarn Market 2024

Metallised Yarn Market Size in Australia

In 2021, the Australian metallised yarn market increased by 3.2% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Metallised Yarn Production in Australia

In value terms, metallised yarn production stood at $X in 2021 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -34.4% against 2017 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 92% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Metallised Yarn Exports

Exports from Australia

In 2021, the amount of metallised yarn and strip exported from Australia declined to X tons, which is down by -10.6% compared with 2020. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 719% against the previous year. The exports peaked at X tons in 2020, and then declined in the following year.

In value terms, metallised yarn exports rose rapidly to $X in 2021. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 359% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for metallised yarn exports from Australia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +39.1%.

In value terms, New Zealand ($X) also remains the key foreign market for metallised yarn exports from Australia.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at +41.9%.

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2021, increasing by 27% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +55.3% per year.

Metallised Yarn Imports

Imports into Australia

In 2021, imports of metallised yarn and strip into Australia soared to X tons, jumping by 93% compared with 2020. Overall, imports, however, continue to indicate a noticeable reduction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metallised yarn imports contracted to $X in 2021. Over the period under review, imports, however, showed a slight decline. The pace of growth appeared the most rapid in 2019 with an increase of 26%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tons), China (X tons) and Belgium (X tons) were the main suppliers of metallised yarn imports to Australia, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +71.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Japan ($X) were the largest metallised yarn suppliers to Australia, with a combined 57% share of total imports. These countries were followed by France, Belgium, India, Taiwan (Chinese) and the UK, which together accounted for a further 36%.

Among the main suppliers, India, with a CAGR of +44.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metallised yarn import price amounted to $X per ton, dropping by -54.1% against the previous year. In general, the import price, however, enjoyed a measured expansion. The growth pace was the most rapid in 2020 an increase of 80% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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