Which Country Exports the Most Textile Machinery in the World?

Machinery For Textile, Apparel And Leather Production May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the amount of textile machinery exported worldwide amounted to 413K tonnes, going down by -15.8% against the previous year figure. Overall, textile machinery exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014, when export increased by 50% y-o-y. Global textile machinery export peaked of 490K tonnes in 2015, falling back in the following year.

In value terms, textile machinery exports amounted to $2.6B in 2016. In general, textile machinery exports continue to indicate a deep drop. Over the period under review, global textile machinery exports attained its maximum level of $4B in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Textile Machinery Exporting Countries in the World

1. Germany (638.3 million USD)

2. Japan (467.8 million USD)

3. Italy (401.4 million USD)

4. China (373.9 million USD)

5. India (179.1 million USD)

6. Netherlands (171.1 million USD)

Textile Machinery Exports By Country

The Netherlands (187K tonnes) was the key exporting country with an export of about 187K tonnes, which amounted to 45% of total exports. China (88K tonnes) occupied a 21% share (based on tonnes) of global textile machinery exports, which put it in second place, following Italy (8%), Germany (8%), and Japan (5%). The following exporters - India (12K tonnes) took approx. 3% of total exports, each.

The Netherlands was also the fastest growing in terms of the textile machinery exports, with a CAGR of +50.1% from 2007 to 2016. At the same time, China (+16.5%), and India (+10.9%) displayed positive paces of growth. By contrast, Italy (-1.1%), Japan (-7.2%), and Germany (-8.9%) illustrated a downward trend over the same period. Germany (10%), and Japan (5%) significantly strengthened its position in terms of the global exports, while India, China, and the Netherlands saw its share reduced by -1.7%, -15.9%, and -44.1% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile machinery markets worldwide were Germany ($638M), Japan ($468M) and Italy ($401M), together comprising 58% of global exports. These countries were followed by China, India and the Netherlands, which together accounted for a further 28%.

India (+23.6% per year) had the highest growth rate of textile machinery exports, among the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Textile Machinery Export Prices By Country

The average textile machinery export price stood at $6,266 per tonne in 2016, remaining constant against the previous year level. In general, textile machinery export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2010, an increase of 28% against the previous year level. Global textile machinery export peaked of $15 per kg in 2013; however, from 2014 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 Japan ($21 per kg), while the Netherlands ($917 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of textile machinery export prices was attained by India (+11.4% per year), while the other global leaders experienced mixed trends in the export price figures.

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  • textile machinery market share
  • textile machinery prices
  • textile machinery industry
  • textile machinery sales
  • textile machinery import
  • textile machinery export
  • textile machinery market forecast
  • textile machinery price forecast
  • key textile machinery producers

This article was written on the product's HS-code: 8445.

Source: Global Textile Machinery Trade - Prices, Imports, Exports, Tariffs, and Market Opportunities