Australia and Oceania: Textile Tubing Market 2024

Textile Tubing Market Size in Australia and Oceania

The textile tubing market in Australia and Oceania dropped to $X in 2023, declining by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2022, and then contracted in the following year.

Textile Tubing Production in Australia and Oceania

In value terms, textile tubing production amounted to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Textile Tubing Exports

Exports in Australia and Oceania

In 2023, overseas shipments of textile hosepiping and similar textile tubing decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, textile tubing exports contracted remarkably to $X in 2023. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Australia (X tons) was the major exporter of textile hosepiping and similar textile tubing in Australia and Oceania, creating X% of total export.

Australia was also the fastest-growing in terms of the textile hosepiping and similar textile tubing exports, with a CAGR of X% from 2012 to 2023. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest textile tubing supplier in Australia and Oceania.

In Australia, textile tubing exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Australia amounted to X% per year.

Textile Tubing Imports

Imports in Australia and Oceania

After four years of growth, supplies from abroad of textile hosepiping and similar textile tubing decreased by X% to X tons in 2023. Total imports indicated moderate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2022, and then declined dramatically in the following year.

In value terms, textile tubing imports dropped markedly to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then declined sharply in the following year.

Imports by Country

Australia represented the main importer of textile hosepiping and similar textile tubing in Australia and Oceania, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. Papua New Guinea (X tons) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to textile tubing imports into Australia stood at X%. At the same time, Papua New Guinea (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. New Zealand (X p.p.) and Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) constitutes the largest market for imported textile hosepiping and similar textile tubing in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, remaining constant against the previous year. Overall, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform