New Zealand: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in New Zealand

In 2021, the New Zealand man-made filament fabric market increased by 19% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Man-made filament fabric consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Man-Made Filament Fabric Exports

Exports from New Zealand

In 2021, the amount of woven fabrics of man-made filaments and staple fibers exported from New Zealand soared to X tons, increasing by 113% compared with 2020 figures. Over the period under review, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, man-made filament fabric exports skyrocketed to $X in 2021. Overall, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.3% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Australia (X tons) and Belgium (X tons) were the main destinations of man-made filament fabric exports from New Zealand, with a combined 72% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +111.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for woven fabrics of man-made filaments and staple fibers exports from New Zealand, comprising 69% of total exports. The second position in the ranking was taken by Australia ($X), with a 33% share of total exports. It was followed by Belgium, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+15.1% per year) and Belgium (+105.7% per year).

Export Prices by Country

In 2021, the average man-made filament fabric export price amounted to $X per ton, falling by -34.4% against the previous year. In general, the export price saw a noticeable decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 22%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was American Samoa ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to American Samoa (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Fabric Imports

Imports into New Zealand

In 2021, supplies from abroad of woven fabrics of man-made filaments and staple fibers increased by 25% to X tons, rising for the second year in a row after three years of decline. In general, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, man-made filament fabric imports surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of man-made filament fabric to New Zealand, accounting for a 34% share of total imports. Moreover, man-made filament fabric imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+8.3% per year) and Saudi Arabia (+10.8% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to New Zealand, comprising 34% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.7% share of total imports. It was followed by India, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.1% per year) and India (+2.2% per year).

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to $X per ton, growing by 11% against the previous year. Over the period under review, the import price, however, recorded a mild descent. The pace of growth appeared the most rapid in 2019 an increase of 57% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Saudi Arabia ($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) (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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