Non-cotton Terry Towelling Market

Non-cotton terry towelling market: download the latest data provided by an Ai-driven market intelligence tool. Info cover companies, market prices, market size, imports, production, exports, trade, and consumption. Here is a breakdown by country, including Africa, the Middle East, EU, the U.K., the U.S., Latin America, China, and Russia. Market insights and outlook to 2030 are also featured in the dashboards.


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Non-cotton Terry Towelling - World's Largest Markets

RatingCountry
1Turkey
2South Korea
3Vietnam
4Taiwan (Chinese)
5Pakistan

In value terms, Turkey led the market, alone. The second position in the ranking was occupied by South Korea. It was followed by Vietnam.

From 2018 to 2020, the average annual growth rate of value in Turkey stood at +12.7%. The remaining consuming countries recorded the following average annual rates of market growth: South Korea (+15.9% per year) and Vietnam (-6.8% per year).

Non-Cotton Terry Towelling Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per square meter
United Arab Emirates2.62.51.1-34.9%
Bangladesh2.82.62.5-6.9%
Bulgaria5.24.43.9-13.9%
China5.25.35.31.3%
Turkey88.18.84.5%
Average443.7-4.8%

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($8.8 per square meter), while the United Arab Emirates ($1.1 per square meter) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per square meter
Sri Lanka89.38.10.6%
Vietnam7.36.87.61.8%
China6.46.96.72.2%
United Kingdom7.19.76.4-4.8%
Hong Kong SAR10116.3-20.9%
Russia6.15.66-1.4%
Ireland5.55.65-4.0%
Canada5.25.24.6-6.1%
South Korea4.44.34-3.7%
Egypt1.61.40.7-34.0%
Average6.56.55.8-5.8%

Prices varied noticeably by the country of destination; the country with the highest price was Sri Lanka ($8.1 per square meter), while Egypt ($0.7 per square meter) was amongst the lowest.

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

Non-Cotton Terry Towelling - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Vietnam8.58.47.5-6.2%
China0.81111.1%
United Kingdom0.10.20.9154.4%
Hong Kong SAR0.50.50.930.2%
Sri Lanka0.20.20.8120.0%

In value terms, Vietnam ($7.5M) constitutes the largest market for imported terry towelling (excluding of cotton) worldwide, comprising 33% of global imports. The second position in the ranking was occupied by China ($1M), with a 4.6% share of global imports. It was followed by the UK, with a 4% share.

In Vietnam, non-cotton terry towelling imports declined by an average annual rate of -6.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+11.1% per year) and the UK (+154.4% per year).

Non-Cotton Terry Towelling - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
China1618185.8%
Bangladesh15161810.2%
Turkey0.91.6251.1%
Bulgaria0.010.021.1904.3%
United Arab Emirates0.30.20.310.8%

In value terms, the largest non-cotton terry towelling supplying countries worldwide were China ($18M), Bangladesh ($18M) and Turkey ($2M), with a combined 86% share of global exports. These countries were followed by Bulgaria and the United Arab Emirates, which together accounted for a further 3.2%.

Among the main exporting countries, Bulgaria (+904.3% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Non-Cotton Terry Towelling - Market Forecast

Driven by increasing demand for non-cotton terry towelling worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, 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.

Non-cotton Terry Towelling - Product Coverage

  • HS 580220 - Fabrics; terry towelling and similar woven terry fabrics, of textile materials, excluding cotton, excluding narrow fabrics of heading no. 5806
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World - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global non-cotton terry towelling market.

South-Eastern Asia - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in South-Eastern Asia.

Africa - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Africa.

Australia and Oceania - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Australia and Oceania.

Latin America and the Caribbean - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Latin America and the Caribbean.

Eastern Asia - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Eastern Asia.

Northern America - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Northern America.

Middle East - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in the Middle East.

Southern Asia - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Southern Asia.

Central Asia - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the non-cotton terry towelling market in Central Asia.

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