Which Country Exports the Most Narrow Woven Fabrics in the World?

IndexBox has just published a new report "World: Narrow Woven Fabrics - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global narrow woven fabric imports stood at 394K tonnes in 2016, jumping by 8% against the previous year figure. The total import volume increased at an average annual rate of +2.4% over the period from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when imports increased by 19% year-to-year. Global narrow woven fabric import peaked of 399K tonnes in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

In value terms, narrow woven fabric imports stood at $3.1B in 2016. Overall, narrow woven fabric imports continue to indicate a relatively flat trend pattern. Global narrow woven fabric import peaked of $3.2B in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

Top Narrow Woven Fabric Importing Countries in the World

1. USA (342.0 million USD)

2. Mexico (268.6 million USD)

3. China (207.8 million USD)

4. China, Hong Kong SAR (204.4 million USD)

5. Viet Nam (146.3 million USD)

6. Germany (116.1 million USD)

7. Romania (103.3 million USD)

8. Poland (81.2 million USD)

9. Czech Republic (80.8 million USD)

10. India (71.1 million USD)

11. United Kingdom (56.5 million USD)

12. Philippines (30.1 million USD)

Narrow Woven Fabric Imports By Country

In 2016, Mexico (61K tonnes), distantly followed by the U.S. (29K tonnes), and China, Hong Kong SAR (21K tonnes) represented the main importers of narrow woven fabric, together generating 28% of total imports. China (16K tonnes), the Philippines (15K tonnes), the UK (14K tonnes), Poland (13K tonnes), Germany (12K tonnes), Viet Nam (12K tonnes), India (11K tonnes), Romania (11K tonnes), and Czech Republic (11K tonnes) occupied the mild share of total imports.

Imports into Mexico increased at an average annual rate of +6.8% from 2007 to 2016. At the same time, the Philippines (+25.1%), Czech Republic (+10.5%), India (+8.4%), Viet Nam (+7.3%), Romania (+4.0%), and the UK (+4.0%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer/exporter in the world, with a CAGR of +25.1% from 2007-2016. The U.S., Poland, China, Hong Kong SAR, and Germany experienced a relatively flat trend pattern. By contrast, China (-4.7%) illustrated a downward trend over the same period. China (2%) significantly strengthened its position in terms of the global imports, while Czech Republic, the Philippines, and Mexico saw its share reduced by -1.6%, -3.2%, and -6.9% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($342M), Mexico ($269M) and China ($208M) constituted the countries with the highest levels of imports in 2016, with a combined 26% share of global imports. These countries were followed by China, Hong Kong SAR, Viet Nam, Germany, Romania, Poland, Czech Republic, India, the UK and the Philippines, which together accounted for a further 28%.

Czech Republic (+8.5% per year) recorded the highest rates of growth with regard to the narrow woven fabric imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Narrow Woven Fabric Import Prices By Country

The average narrow woven fabric import price stood at $7,999 per tonne in 2016, shrinking by -3.5% against the previous year. In general, narrow woven fabric import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2015, when import increased by 4% year-to-year. Global narrow woven fabric import peaked of $9,152 per tonne in 2007- however, from 2008 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Viet Nam ($13 per kg), while the Philippines ($2,066 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of narrow woven fabric import prices was attained by China (+4.2% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global narrow woven fabric market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• narrow woven fabric market share
• narrow woven fabric prices
• narrow woven fabric industry
• narrow woven fabric sales
• narrow woven fabric import
• narrow woven fabric export
• narrow woven fabric market forecast
• narrow woven fabric price forecast
• key narrow woven fabric producers

All data provided in this article covers the following product: HS Code 5806 - Fabrics- narrow woven, other than goods of heading no. 5807- narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs).

Source: World: Narrow Woven Fabrics - Market Report. Analysis and Forecast to 2025