China - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

China - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights

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Embroidery Price in China - 2023

Contents:

  1. Embroidery Price in China (FOB) - 2023
  2. Embroidery Price in China (CIF) - 2022
  3. Embroidery Exports in China
  4. Embroidery Imports in China

Embroidery Price in China (FOB) - 2023

In June 2023, the average embroidery export price amounted to $13,774 per ton, remaining stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 31% against the previous month. The export price peaked at $17,709 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($44,407 per ton), while the average price for exports to Algeria ($4,852 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Embroidery Price in China (CIF) - 2022

In 2022, the average embroidery import price amounted to $75,145 per ton, falling by -12.8% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $152,582 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($172,727 per ton), while the price for Australia ($7,477 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Embroidery Exports in China

Embroidery exports from China soared to 4.3K tons in 2022, increasing by 17% against 2021 figures. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, embroidery exports expanded remarkably to $68M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Embroidery in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria7.35.110.310.211.8%
United States3.22.23.65.419.1%
Morocco0.41.53.74.1117.2%
Indonesia3.40.81.63.83.8%
Vietnam2.42.24.82.85.3%
SingaporeN/A0.10.12.3379.6%
Mauritania1.5N/A0.71.86.3%
Germany3.31.31.21.4-24.9%
Malaysia0.82.22.81.317.6%
Guatemala0.81.02.11.317.6%
MyanmarN/A0.50.31.148.3%
Benin0.10.40.50.8100.0%
India1.30.20.20.7-18.6%
Others25.721.127.831.46.9%
Total50.138.559.868.310.9%

Top Export Markets for Embroidery from China in 2022:

  1. Nigeria (1001.4 tons)
  2. Morocco (370.9 tons)
  3. Indonesia (267.0 tons)
  4. Singapore (166.7 tons)
  5. Mauritania (165.2 tons)
  6. United States (147.9 tons)
  7. Germany (119.4 tons)
  8. Vietnam (107.6 tons)
  9. Malaysia (92.0 tons)
  10. Guatemala (87.9 tons)
  11. Myanmar (69.0 tons)
  12. India (66.8 tons)
  13. Benin (64.3 tons)

Embroidery Imports in China

Embroidery imports into China skyrocketed to 33 tons in 2022, growing by 48% compared with the previous year. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, embroidery imports skyrocketed to $2.5M in 2022. In general, imports, however, showed a deep slump.

Import of Embroidery in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.79.946.0591845.1%
Japan628508456393-14.5%
MyanmarN/A13726.418014.6%
Romania925263376162-44.1%
India86.364.348.914619.2%
Thailand14210.258.353.3-27.9%
Turkey33.00.73.751.916.3%
South Korea12.417.011750.559.7%
Austria1842860.431.3-44.6%
AustraliaN/AN/AN/A22.50%
Hong Kong SAR273N/AN/AN/A0%
Taiwan (Chinese)909N/AN/AN/A0%
Others3061,12980481438.6%
Total3,4992,4261,9372,495-10.7%

Top Suppliers of Embroidery to China in 2022:

  1. Vietnam (5.3 tons)
  2. Australia (3.0 tons)
  3. Japan (2.3 tons)
  4. India (2.0 tons)
  5. Myanmar (1.9 tons)
  6. Turkey (1.3 tons)
  7. Thailand (1.3 tons)
  8. South Korea (1.1 tons)
  9. Romania (0.5 tons)
  10. Austria (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the embroidery market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13991230 - Embroidery (without visible ground) in the piece, in strips or in motifs

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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