Narrow Woven Fabric Market

Narrow woven fabric market: discover the most recent facts and figures featured by an Ai-driven business intelligence platform. Information cover imports, companies, consumption, market size, production, trade, market prices, and exports. There is a split by region, including Russia, the Middle East, Africa, the U.K., the U.S., China, EU, and Latin America. Market insights and forecast to 2030 are also featured in the snapshots.


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Narrow Woven Fabric - World's Largest Markets

RatingCountry
1China
2United States
3Indonesia
4India
5Pakistan

In value terms, China, the United States and Indonesia constituted the countries with the highest levels of market value in 2020, together comprising 38% of the global market.

The United States recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while narrow woven fabric market for the other global leaders experienced more modest paces of growth.

Narrow Woven Fabric Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mexico14726169524498-44.7%
Romania613858865056-9.2%
Philippines42744107530611.4%
China772982596566-7.8%
Turkey804870627227-5.2%
India866291297754-5.4%
United States8587895793424.3%
South Korea10836109809419-6.8%
Taiwan (Chinese)129381256512418-2.0%
Germany1337713371143933.7%
Italy229512163022831-0.3%
Hong Kong SAR2541026219257500.7%
Average10975108069324-7.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($25,750 per ton), while Mexico ($4,498 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Vietnam2036421118208951.3%
Hong Kong SAR150011571714732-0.9%
Indonesia1289612430139894.2%
Cambodia155391507912700-9.6%
Myanmar127821233211412-5.5%
Germany119391169110829-4.8%
Thailand981612092105373.6%
Bangladesh105951065910418-0.8%
United States96831002897680.4%
Mexico874581037616-6.7%
Poland744171996814-4.3%
India694673846371-4.2%
Russia31574067386010.6%
Average1058210595107060.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Vietnam ($20,895 per ton), while Russia ($3,860 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

Narrow Woven Fabric - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Vietnam0.40.50.615.2%
United States0.40.40.4-7.3%
Hong Kong SAR0.40.40.3-14.3%
Mexico0.30.30.2-13.8%
Bangladesh0.20.20.2-4.9%

In value terms, Vietnam ($580M), the United States ($365M) and Hong Kong SAR ($284M) appeared to be the countries with the highest levels of imports in 2020, with a combined 24% share of global imports. These countries were followed by Mexico, Bangladesh, Cambodia, Indonesia, Germany, Myanmar, India, Thailand, Poland and Russia, which together accounted for a further 27%.

In terms of the main importing countries, Myanmar recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Narrow Woven Fabric - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.62.31.87.7%
Hong Kong SAR0.70.70.5-14.3%
Germany0.40.40.3-4.0%
Taiwan (Chinese)0.40.30.3-7.6%
United States0.40.40.3-16.7%

In value terms, China ($1.8B) remains the largest narrow woven fabric supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($536M), with a 10% share of global exports. It was followed by Germany, with a 6.5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +7.7%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-14.3% per year) and Germany (-4.0% per year).

Narrow Woven Fabric - Market Forecast

Driven by increasing demand for narrow woven fabric worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Narrow Woven Fabric - Top Companies

CHACOTT CO., LTD., SHANGHAI LIYA TRADEMARK MAKING Co.,Ltd., Chinatex Corporation, bluesign technologies ag, Taekwang Industrial Co., Ltd., Shenghua Group Holding Co., Ltd., Guess Europe Sagl, Dalian Yangfan Garment Factory, Sakya County Yuanfu Nationality Handicraft Business Farmer Specialty Cooperative, Srg Global, Inc., Perfect World Co., Ltd., Authentic Brands Group LLC, Shanghai Metersbonwe Fashion&Accessories Co., Ltd., Clearlake Capital Group, L.P., Shanghai Taoxin Fashion Co.,Ltd., Jiangsu Sainty Corp.,Ltd, R A K CERAMICS PJSC, KORPORATSIYA GLORIYA DZHINS, AO, Royal Ten Cate (usa), Inc., App Winddown, LLC

Narrow Woven Fabric - Product Coverage

  • HS 5806 - Fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs)
  • HS 5807 - Labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered
  • HS 5808 - Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles

Source: IndexBox Market Intelligence Platform

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