China - Finishing Agents Used In The Textile Industry - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Textile Industry Finishing Agents in China - 2023
Contents:
- Price for Textile Industry Finishing Agents in China (CIF) - 2023
- Price for Textile Industry Finishing Agents in China (FOB) - 2023
- Imports of Textile Industry Finishing Agents in China
- Exports of Textile Industry Finishing Agents in China
Price for Textile Industry Finishing Agents in China (CIF) - 2023
In June 2023, the average textile industry finishing agents import price amounted to $3,428 per ton, falling by -7.1% against the previous month. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 16% m-o-m. The import price peaked at $5,105 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9,121 per ton), while the price for Malaysia ($789 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Textile Industry Finishing Agents in China (FOB) - 2023
The average textile industry finishing agents export price stood at $2,107 per ton in June 2023, waning by -6.4% against the previous month. Overall, the export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in November 2022 when the average export price increased by 17% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,934 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Bangladesh ($3,173 per ton), while the average price for exports to the Philippines ($796 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 Bangladesh (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Industry Finishing Agents in China
In 2022, textile industry finishing agents imports into China reduced to 53K tons, waning by -13.9% against the year before. Overall, imports showed a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 62K tons, and then declined in the following year.
In value terms, textile industry finishing agents imports dropped slightly to $239M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of $246M, and then contracted modestly in the following year.
Import of Textile Industry Finishing Agents in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 36.8 | 40.6 | 55.9 | 58.1 | 16.4% |
Japan | 45.6 | 46.0 | 53.5 | 54.8 | 6.3% |
Germany | 30.0 | 23.8 | 27.5 | 23.0 | -8.5% |
United States | 23.3 | 20.6 | 23.1 | 20.9 | -3.6% |
Taiwan (Chinese) | 21.1 | 16.4 | 21.4 | 19.2 | -3.1% |
India | 9.6 | 8.6 | 9.6 | 9.6 | 0.0% |
Netherlands | 7.3 | 8.5 | 9.2 | 8.3 | 4.4% |
Malaysia | 5.8 | 4.0 | 5.7 | 4.0 | -11.6% |
Vietnam | 3.4 | 2.9 | 3.5 | 4.0 | 5.6% |
Others | 30.6 | 29.3 | 36.4 | 37.0 | 6.5% |
Total | 214 | 201 | 246 | 239 | 3.8% |
Top Suppliers of Textile Industry Finishing Agents to China in 2022:
- South Korea (13.2K tons)
- India (8.3K tons)
- Japan (7.5K tons)
- Taiwan (Chinese) (4.0K tons)
- Vietnam (3.6K tons)
- Germany (3.6K tons)
- Malaysia (3.3K tons)
- United States (2.9K tons)
- Netherlands (1.7K tons)
Exports of Textile Industry Finishing Agents in China
In 2022, exports of finishing agents used in the textile industry from China contracted rapidly to 35K tons, reducing by -15.6% on 2021 figures. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 5.1%.
In value terms, textile industry finishing agents exports dropped slightly to $94M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $98M, and then fell in the following year.
Export of Textile Industry Finishing Agents in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 27.8 | 30.7 | 29.8 | 32.6 | 5.5% |
Taiwan (Chinese) | 8.8 | 6.4 | 9.6 | 7.0 | -7.3% |
Indonesia | 3.9 | 3.8 | 4.7 | 6.7 | 19.8% |
Bangladesh | 5.9 | 5.3 | 7.5 | 5.9 | 0.0% |
Cambodia | 0.7 | 0.7 | 2.4 | 4.2 | 81.7% |
Hong Kong SAR | 11.3 | 7.5 | 8.0 | 4.2 | -28.1% |
India | 3.7 | 3.4 | 2.9 | 3.7 | 0.0% |
Egypt | 1.5 | 2.2 | 2.9 | 3.1 | 27.4% |
Sri Lanka | 0.9 | 1.1 | 2.6 | 2.6 | 42.4% |
Pakistan | 1.5 | 1.6 | 2.3 | 2.1 | 11.9% |
Singapore | 2.9 | 2.5 | 2.2 | 2.0 | -11.6% |
Thailand | 3.0 | 3.7 | 2.5 | 1.8 | -15.7% |
Djibouti | 0.7 | 0.8 | 0.6 | 1.2 | 19.7% |
Others | 18.0 | 19.0 | 19.8 | 16.7 | -2.5% |
Total | 90.5 | 88.6 | 98.0 | 93.9 | 1.2% |
Top Export Markets for Textile Industry Finishing Agents from China in 2022:
- Vietnam (11.9K tons)
- Hong Kong SAR (4.6K tons)
- Bangladesh (2.6K tons)
- Taiwan (Chinese) (2.2K tons)
- Indonesia (1.9K tons)
- India (1.0K tons)
- Pakistan (0.9K tons)
- Egypt (0.9K tons)
- Cambodia (0.9K tons)
- Singapore (0.7K tons)
- Djibouti (0.7K tons)
- Sri Lanka (0.7K tons)
- Thailand (0.7K tons)
This report provides an in-depth analysis of the market for textile industry finishing agents 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 20595570 - Finishing agents, etc., used in the textile industry
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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