Which Country Exports the Most Cotton Woven Fabrics in the World?
Textiles May 28, 2018
Global cotton fabric exports amounted to 1.2M tonnes in 2016, going up by 22% against the previous year figure. In general, cotton fabric exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when export increased by 27% y-o-y. Over the period under review, global cotton fabric exports reached its maximum volume of 1.5M tonnes in 2013; however, from 2014 to 2016, it failed to regain its strength.
In value terms, cotton fabric exports totaled $13B in 2016. In general, cotton fabric exports continue to indicate a relatively flat trend pattern. Global cotton fabric export peaked of $17B in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.
Top Cotton Fabric Exporting Countries in the World
1. China (7.9 billion USD)
2. India (1.0 billion USD)
3. Pakistan (0.6 billion USD)
4. Germany (0.4 billion USD)
5. Turkey (0.3 billion USD)
6. China, Hong Kong SAR (0.3 billion USD)
7. Thailand (0.2 billion USD)
Cotton Fabric Exports By Country
China (770K tonnes) prevails in cotton fabric exports structure, recording 770K tonnes, which was approx. 62% of total exports in 2016. India (82K tonnes) occupied a 7% share (based on tonnes) of global cotton fabric exports, which put it in second place, following Pakistan (6%). The following exporters - Turkey (37K tonnes), Germany (28K tonnes), China, Hong Kong SAR (22K tonnes), and Thailand (19K tonnes) together made up 9% of total exports.
China was also the fastest growing in terms of the cotton fabric exports, with a CAGR of +7.6% from 2007 to 2016. At the same time, India (+6.5%), Turkey (+2.2%), and Pakistan (+1.3%) displayed positive paces of growth. By contrast, Germany (-2.6%), Thailand (-7.5%), and China, Hong Kong SAR (-18.3%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (9%), and Thailand (2%) increased significantly, the share of India (-2.9%), and China (-30.0%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($7.9B) remains the largest cotton fabric supplier in the world, making up 59% of global exports. The second position in the ranking was occupied by India ($966M), with the share of 7% of global exports. It was followed by Pakistan, with the share of 4%.
From 2007 to 2016, the average annual rate of growth in terms of value of cotton fabric exports in China stood at +6.8%. The remaining exporting countries recorded the following average annual rates: India (+5.9% per year) and Pakistan (-1.3% per year).
Cotton Fabric Export Prices By Country
The average cotton fabric export price stood at $11 per kg in 2016, going down by -22.3% against the previous year. In general, cotton fabric export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when export increased by 34% year-to-year. Global cotton fabric export peaked of $14 per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.
Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($14 per kg), while Turkey ($7,571 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of cotton fabric export prices was attained by China, Hong Kong SAR (+5.1% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global cotton fabric market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cotton fabric market share
- cotton fabric prices
- cotton fabric industry
- cotton fabric sales
- cotton fabric import
- cotton fabric export
- cotton fabric market forecast
- cotton fabric price forecast
- key cotton fabric producers
All data provided in this article covers the following product: HS Code 5208 - Woven fabrics of cotton, containing 85% or more by weight of cotton, weighing not more than 200 g/m2.
Source: World: Woven Fabrics Of Cotton - Market Report. Analysis and Forecast to 2025
