World - Nonwoven Textiles - Market Analysis, Forecast, Size, Trends and Insights
China Is the World's Leading Exporter of Nonwoven Textiles, with $2.3B (2014)
China has become the leader in the global nonwoven textile trade. In 2014, China exported 656 thousand tonnes of nonwoven textiles, totaling 2.3 billion USD, 17% over the previous year. Its primary trading partner was the U.S., where it supplied 10.2% of its total nonwoven textile exports in value terms, accounting for 19.3% of the U.S.'s total imports.
From 2007 to 2014, China was a net exporter of nonwoven textiles. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced due to high import prices.
Germany and the U.S. were among the other main global suppliers of nonwoven textiles in 2014. However, China was the fastest growing exporter from 2007 to 2014 (+22.2% per year). This helped to significantly strengthen China's position in the global export structure.
In 2014, China's top 5 trading partners were the U.S., Viet Nam, Japan, the Republic of Korea and India, with a combined 40.7% share of China's exports. The share of Viet Nam increased significantly (+6.3 percentage points), while the share of India illustrated negative dynamics (-1.3 percentage points).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global nonwoven textile market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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