Which Country Exports the Most Narrow Woven Fabrics in the World?
Other Textiles May 28, 2018
In 2016, approx. 665K tonnes of narrow woven fabric were exported worldwide; rising by 53% against the previous year figure. Overall, narrow woven fabric exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2012, when export increased by 90% from the previous year level. Over the period under review, global narrow woven fabric exports attained its maximum volume of 991K tonnes in 2013; however, from 2014 to 2016, it failed to regain its strength.
In value terms, narrow woven fabric exports stood at $3.6B in 2016. The total export value increased at an average annual rate of +3.2% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, global narrow woven fabric exports attained its maximum level in 2016, and are expected to retain its growth in the near future.
Top Narrow Woven Fabric Exporting Countries in the World
1. China (1,271.7 million USD)
2. Germany (275.0 million USD)
3. Italy (139.4 million USD)
4. South Korea (77.6 million USD)
5. Canada (70.7 million USD)
6. Philippines (48.2 million USD)
7. United Kingdom (41.7 million USD)
8. India (30.5 million USD)
Narrow Woven Fabric Exports By Country
India (266K tonnes) was the largest exporter of narrow woven fabric in the world, accounting for 266K tonnes, which was near 40% of total exports in 2016. It was distantly followed by China (166K tonnes), the UK (59K tonnes), and Germany (31K tonnes), together creating 39% share of total narrow woven fabric exports. The following exporters - Canada (13K tonnes), South Korea (13K tonnes), the Philippines (11K tonnes), and Italy (10K tonnes) held near 7% of total exports, each.
From 2007 to 2016, the most notable growth rate of narrow woven fabric exports, among the main exporting countries, was attained by India (+77.6% per year), while the other global leaders experienced more modest paces of growth.
In value terms, China ($1.3B) remains the largest narrow woven fabric supplier in the world, making up 36% of global exports. The second position in the ranking was occupied by Germany ($275M), with the share of 8% of global exports. It was followed by Italy, with the share of 4%.
In China, narrow woven fabric exports expanded at an average annual rate of +13.6% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: Germany (+1.3% per year) and Italy (+1.2% per year).
Narrow Woven Fabric Export Prices By Country
The average narrow woven fabric export price stood at $5,349 per tonne in 2016, shrinking by -32.5% against the previous year. Overall, narrow woven fabric export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014, an increase of 159% against the previous year level. Over the period under review, average narrow woven fabric export price reached its maximum level of $9,061 per tonne in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Italy ($14 per kg), while India ($115 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of narrow woven fabric export prices was attained by China (+5.8% per year), while the other global leaders experienced mixed trends in the export price figures.
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
