Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia - 2023

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (FOB) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (CIF) - 2022
  3. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia
  4. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (FOB) - 2022

The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $7,227 per unit in 2022, dropping by -28.1% against the previous year. In general, the export price, however, saw notable growth. The most prominent rate of growth was recorded in 2021 an increase of 106%. Over the period under review, the average export prices hit record highs at $11,319 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($50,302 per unit), while the average price for exports to Canada ($1,068 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $4,089 per unit, growing by 2.4% against the previous year. In general, the import price showed a temperate increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 180%. As a result, import price reached the peak level of $8,497 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,933 per unit), while the price for Japan ($1,830 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia

In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses was finally on the rise to reach 340 units after two years of decline. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $2.5M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7053195831,05614.4%
New Zealand2.7129188712541.3%
South AfricaN/AN/AN/A1760%
Canada129N/AN/A1372.0%
SingaporeN/A220N/AN/A0%
Taiwan (Chinese)4.135.2N/AN/A758.5%
Others58147.853.7376-13.5%
Total1,4227508252,45720.0%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Australia in 2022:

  1. New Zealand (170.0 units)
  2. Canada (128.0 units)
  3. United States (21.0 units)
  4. South Africa (8.0 units)

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia

In 2022, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Australia skyrocketed to 218 units, growing by 32% on the year before. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 99%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $891K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.433251558482.3%
TurkeyN/A54.6N/A11847.0%
BelgiumN/AN/A5.883.71343.1%
Taiwan (Chinese)20.863.38.559.241.7%
JapanN/A3.912.59.253.6%
United States200N/A4.38.4-65.2%
Germany183N/AN/AN/A0%
Others98.311811328.9-33.5%
Total59957265989114.2%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Australia in 2022:

  1. China (144.0 units)
  2. Turkey (27.0 units)
  3. Belgium (22.0 units)
  4. Taiwan (Chinese) (12.0 units)
  5. Japan (5.0 units)
  6. United States (4.0 units)

Source: IndexBox Market Intelligence Platform

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