Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand - 2024

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand (CIF) - 2024
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand (CIF) - 2024

In January 2024, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $8,802 per ton, flattening at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $9,433 per ton in July 2023; however, from August 2023 to January 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($8,802 per ton), while the price for China ($8,802 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $11,017 per ton, growing by 9.7% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 46%. Over the period under review, the average export prices reached the peak figure at $29,803 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($11,022 per ton) and Cook Islands ($11,022 per ton), while the average price for exports to Vanuatu ($11,009 per ton) and Australia ($11,012 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand

In 2022, the amount of tents of textile materials other than cotton or synthetic fibreses imported into New Zealand soared to 349 tons, jumping by 43% on 2021. Overall, imports saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 85%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses surged to $3.3M in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to New Zealand in 2022:

1. China (293.4 tons)
2. United States (16.7 tons)
3. Sweden (15.6 tons)
4. Australia (10.2 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in New Zealand

In 2022, approx. 4.6 tons of tents of textile materials other than cotton or synthetic fibreses were exported from New Zealand; with a decrease of -22.6% on the previous year. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 125% against the previous year. As a result, the exports reached the peak of 5.9 tons, and then declined rapidly in the following year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses dropped notably to $50K in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $59K, and then contracted notably in the following year.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from New Zealand in 2022:

1. Fiji (1515.0 kg)
2. Australia (905.0 kg)
3. United States (867.0 kg)
4. Cook Islands (714.0 kg)
5. Vanuatu (535.0 kg)

Source: IndexBox Market Intelligence Platform