China - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Knitted Fabric Price in China - 2023

Contents:

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

Knitted Fabric Price in China (FOB) - 2023

The average knitted fabric export price stood at $4,644 per ton in September 2023, rising by 2.6% against the previous month. Overall, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in February 2023 when the average export price increased by 28% month-to-month. As a result, the export price reached the peak level of $6,228 per ton. From March 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Vietnam ($7,242 per ton), while the average price for exports to Brazil ($2,424 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (-0.2%), while the prices for the other major destinations experienced a decline.

Knitted Fabric Price in China (CIF) - 2023

The average knitted fabric import price stood at $10,118 per ton in September 2023, declining by -2.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 13% against the previous month. The import price peaked at $11,531 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($27,366 per ton), while the price for Indonesia ($3,850 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Knitted Fabric Exports in China

In 2022, approx. 2.3M tons of knitted or crocheted fabrics were exported from China; picking up by 4.2% on 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, knitted fabric exports rose slightly to $11.4B in 2022. Over the period under review, exports, however, recorded a noticeable slump.

Export of Knitted Fabric in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam3,0103,0751,9571,960-13.3%
Cambodia1,4651,273783799-18.3%
Indonesia548516399400-10.0%
India389295242284-10.0%
Brazil344274228246-10.6%
Mexico337237213245-10.1%
Morocco272247208173-14.0%
United States308252157158-19.9%
Argentina76.379.470.812718.5%
Turkey140127103124-4.0%
Myanmar12990.247.5100-8.1%
United Arab Emirates85.169.951.879.4-2.3%
Uzbekistan35.939.834.748.910.9%
Others5,5614,9476,5476,6206.0%
Total12,70011,52411,04111,362-3.6%

Top Export Markets for Knitted Fabric from China in 2022:

  1. Vietnam (229.8K tons)
  2. India (174.8K tons)
  3. Cambodia (168.8K tons)
  4. Brazil (82.9K tons)
  5. Indonesia (67.1K tons)
  6. Uzbekistan (63.3K tons)
  7. Mexico (53.7K tons)
  8. United States (43.8K tons)
  9. Morocco (39.5K tons)
  10. Argentina (38.2K tons)
  11. United Arab Emirates (32.4K tons)
  12. Turkey (30.3K tons)
  13. Myanmar (29.9K tons)

Knitted Fabric Imports in China

In 2022, imports of knitted or crocheted fabrics into China fell to 86K tons, reducing by -14.1% against the previous year's figure. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

In value terms, knitted fabric imports contracted to $909M in 2022. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year.

Import of Knitted Fabric in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)327240305278-5.3%
Japan220173183179-6.6%
South Korea196134146163-6.0%
Vietnam246224240142-16.7%
Italy52.140.660.463.36.7%
Thailand15.99.914.416.71.6%
Others11280.081.565.8-16.2%
Total1,1689021,030909-8.0%

Top Suppliers of Knitted Fabric to China in 2022:

  1. Taiwan (Chinese) (27.0K tons)
  2. Vietnam (20.7K tons)
  3. South Korea (20.7K tons)
  4. Japan (9.7K tons)
  5. Italy (2.8K tons)
  6. Thailand (1.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
  • Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

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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