Which Country Exports the Most Wadding Of Textile Materials in the World?
Other Textiles May 28, 2018
Global wadding of textile exports stood at 324K tonnes in 2016, falling by -2.6% against the previous year figure. Overall, wadding of textile exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when exports increased by 12% y-o-y. Over the period under review, global wadding of textile exports reached its maximum volume of 437K tonnes in 2010; however, from 2011 to 2016, it stood at a somewhat lower level.
In value terms, wadding of textile exports totaled $2.1B in 2016. In general, wadding of textile exports continue to indicate a relatively flat trend pattern. Over the period under review, global wadding of textile exports reached its maximum level of $2.6B in 2010; however, from 2011 to 2016, it stood at a somewhat lower level.
Top Wadding Of Textile Exporting Countries in the World
1. China (316.3 million USD)
2. Netherlands (192.5 million USD)
3. Italy (170.8 million USD)
4. Japan (134.0 million USD)
5. Germany (129.7 million USD)
6. USA (124.4 million USD)
7. Poland (114.2 million USD)
8. France (76.4 million USD)
9. Thailand (74.2 million USD)
10. United Kingdom (47.7 million USD)
11. Turkey (46.8 million USD)
12. India (27.3 million USD)
Wadding Of Textile Exports By Country
In 2016, China (76K tonnes) was the main exporter for wadding of textile, comprising 23% of total exports. Germany (23K tonnes) ranks second globally in wadding of textile exports with a 7% share, following the Netherlands (6%), the U.S. (6%), Poland (5%), Japan (5%), and Italy (5%). The following exporters - Turkey (11K tonnes), France (10K tonnes), India (9.8K tonnes), Thailand (8.8K tonnes), and the UK (8K tonnes) together made up 15% of total exports.
China was also the fastest growing in terms of the wadding of textile exports, with a CAGR of +12.5% from 2007 to 2016. At the same time, Poland (+8.6%), India (+8.2%), Turkey (+5.5%), and the Netherlands (+3.3%) displayed positive paces of growth. The U.S., and Japan experienced a relatively flat trend pattern. By contrast, Germany (-1.2%), France (-3.3%), Thailand (-5.7%), the UK (-8.7%), and Italy (-9.5%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Italy, the UK, and Thailand increased by 7%, 3%, and 2% percentage points, while India (-1.5%), Poland (-2.6%), and China (-15.3%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($316M), the Netherlands ($193M) and Italy ($171M) constituted the countries with the highest levels of exports in 2016, with a combined 32% share of global exports.
China (+19.6% per year) experienced the highest growth rate of wadding of textile exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Wadding Of Textile Export Prices By Country
In 2016, the average export price for wadding of textile amounted to $6,617 per tonne, remaining constant against the previous year level. Overall, wadding of textile export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when export increased by 6% year-to-year. Global wadding of textile export peaked of $7,442 per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.
Export prices varied noticeably by country of destination. the country with the highest export prices was Italy ($12 per kg), while India ($2,789 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of wadding of textile export prices was attained by Turkey (+11.5% per year), while the other global leaders experienced more modest paces of growth.
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All data provided in this article covers the following product: HS Code 5601 - Wadding of textile materials and articles thereof; textile fibres, not exceeding 5 mm in length (flock), textile dust and mill neps.
