Which Country Exports the Most Slivers, Rovings and Chopped Strands in the World?

IndexBox has just published a new report "World: Slivers, Rovings, Yarn And Chopped Strands - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global sliver and roving imports totaled 4.7M tonnes in 2016, rising by 4% against the previous year level. The total import volume increased at an average annual rate of +1.4% from 2007 to 2016- the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when import increased by 16% year-to-year. Over the period under review, global sliver and roving imports attained its maximum volume in 2016, and are expected to retain its growth in the immediate term.

In value terms, sliver and roving imports stood at $12B in 2016. The total import value increased at an average annual rate of +1.3% over the period from 2007 to 2016- the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global sliver and roving imports reached its maximum level of $12B in 2014- however, from 2015 to 2016, it failed to regain its strength.

Top Sliver And Roving Importing Countries in the World

1. Germany (1,165.4 million USD)

2. China (821.8 million USD)

3. France (559.4 million USD)

4. South Korea (467.3 million USD)

5. Mexico (455.7 million USD)

6. Japan (441.7 million USD)

7. Italy (353.6 million USD)

8. United Kingdom (341.3 million USD)

9. Belgium (299.7 million USD)

10. Netherlands (256.9 million USD)

11. India (225.9 million USD)

12. Malaysia (120.1 million USD)

Sliver And Roving Imports By Country

The imports of the twelve major importers of sliver and roving, namely Germany, Malaysia, France, South Korea, China, Japan, Italy, Belgium, India, Mexico, the Netherlands, and the UK, represented more than half of total import.

From 2007 to 2016, the most notable growth rate of sliver and roving imports, among the main importing countries, was attained by India (+10.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest sliver and roving markets worldwide were Germany ($1.2B), China ($822M) and France ($559M), together accounting for 22% of global imports. These countries were followed by South Korea, Mexico, Japan, Italy, the UK, Belgium, the Netherlands, India and Malaysia, which together accounted for a further 26%.

India (+9.1% per year) had the highest growth rate of sliver and roving 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.

Sliver And Roving Import Prices By Country

In 2016, the average import price for sliver and roving amounted to $2,432 per tonne, lowering by -1.7% against the previous year. Overall, sliver and roving import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when import price increased by 10% against the previous year level. In that year, average sliver and roving import price reached its maximum level of $2,753 per tonne. From 2012 to 2016, growth of average sliver and roving import price 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 China ($4,202 per tonne), while Malaysia ($299 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of sliver and roving import prices was attained by China (+2.0% per year), while the other global leaders experienced mixed trends in the import price figures.

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

• sliver and roving market share
• sliver and roving prices
• sliver and roving industry
• sliver and roving sales
• sliver and roving import
• sliver and roving export
• sliver and roving market forecast
• sliver and roving price forecast
• key sliver and roving producers

All data provided in this article covers the following product: HS Code 7019 - Glass fibres (including glass wool) and articles thereof (e.g. yarn, woven fabrics).

Source: World: Slivers, Rovings, Yarn And Chopped Strands - Market Report. Analysis and Forecast to 2025