Global Woven Woolen Fabric Market 2019 - Italy is Far Ahead of China in Export Value, but Their Volumes are Getting Closer

IndexBox has just published a new report: 'World - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

Exports 2009-2018

In 2018, the global exports of woven woolen fabrics amounted to X square meters, falling by -X% against the previous year. In general, woolen fabric exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. The global exports peaked at X square meters in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, woolen fabric exports stood at $X (IndexBox estimates) in 2018. In general, woolen fabric exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. In that year, global woolen fabric exports reached their peak of $X. From 2012 to 2018, the growth of global woolen fabric exports failed to regain its momentum.

Exports by Country

In 2018, Italy (X square meters) and China (X square meters) represented the key exporters of woven woolen fabrics across the globe, together mixing up X% of total exports. It was distantly followed by the UK (X square meters), achieving a X% share of total exports. Germany (X square meters), Japan (X square meters), South Korea (X square meters), the Czech Republic (X square meters), Turkey (X square meters), Denmark (X square meters) and Lithuania (X square meters) followed a long way behind the leaders.

From 2009 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Lithuania, while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest woolen fabric supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by the UK, with a X% share.

In Italy, woolen fabric exports increased at an average annual rate of +X% over the period from 2009-2018. The remaining exporting countries recorded the following average annual rates of exports growth: China (-X% per year) and the UK (+X% per year).

Export Prices by Country

The average woolen fabric export price stood at $X per square meter in 2018, rising by X% against the previous year. Over the period from 2009 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. In that year, the average export prices for woven woolen fabrics attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per square meter), while South Korea ($X per square meter) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Imports 2009-2018

In 2018, the amount of woven woolen fabrics imported worldwide stood at X square meters, going down by -X% against the previous year. In general, woolen fabric imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, global woolen fabric imports attained their maximum at X square meters in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, woolen fabric imports stood at $X (IndexBox estimates) in 2018. Overall, woolen fabric imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. In that year, global woolen fabric imports reached their peak of $X. From 2012 to 2018, the growth of global woolen fabric imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X square meters), Viet Nam (X square meters), Italy (X square meters), Germany (X square meters), Romania (X square meters), Japan (X square meters), Turkey (X square meters), Morocco (X square meters), Spain (X square meters), the U.S. (X square meters), the UK (X square meters) and Bulgaria (X square meters) were the major importers of woven woolen fabrics in the world, making up X% of total import.

From 2009 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam, while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Japan ($X) were the countries with the highest levels of imports in 2018, together comprising X% of global imports. These countries were followed by Viet Nam, Italy, Romania, the U.S., Turkey, Bulgaria, Spain, Morocco and the UK, which together accounted for a further X%.

Viet Nam experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last nine years, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2018, picking up by X% against the previous year. Over the period from 2009 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, the average import prices for woven woolen fabrics reached their maximum at $X per square meter in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per square meter), while Morocco ($X per square meter) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform