China - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Textile Wadding Price in China - 2023

Contents:

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

Textile Wadding Price in China (FOB) - 2023

In August 2023, the average textile wadding export price amounted to $4,446 per ton, leveling off at the previous month. Overall, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 5.8% m-o-m. The export price peaked at $6,481 per ton in December 2022; however, from January 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was India ($6,614 per ton), while the average price for exports to the United Arab Emirates ($1,582 per ton) was amongst the lowest.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.3%), while the prices for the other major destinations experienced a decline.

Textile Wadding Price in China (CIF) - 2023

The average textile wadding import price stood at $7,793 per ton in September 2023, rising by 10% against the previous month. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 26% against the previous month. As a result, import price reached the peak level of $12,114 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($35,428 per ton), while the price for Indonesia ($3,000 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 the Netherlands (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Textile Wadding Exports in China

Textile wadding exports from China skyrocketed to 83K tons in 2022, jumping by 15% against the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile wadding exports skyrocketed to $498M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Textile Wadding in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States35.034.343.563.622.0%
Vietnam33.934.446.058.620.0%
South Korea15.520.325.428.722.8%
Japan21.623.824.826.46.9%
India7.36.69.921.242.7%
Australia8.810.610.220.231.9%
Philippines6.09.616.818.345.0%
Malaysia5.99.313.017.744.2%
Mexico9.42.45.613.212.0%
Myanmar7.38.98.713.021.2%
Thailand5.34.39.112.232.0%
Cambodia3.64.78.011.045.1%
Iraq2.13.72.610.973.1%
Others1451571781838.1%
Total30733040149817.5%

Top Export Markets for Textile Wadding from China in 2022:

  1. Vietnam (10.4K tons)
  2. United States (9.9K tons)
  3. Japan (6.2K tons)
  4. South Korea (4.2K tons)
  5. Myanmar (4.0K tons)
  6. Mexico (3.1K tons)
  7. Philippines (2.8K tons)
  8. Australia (2.4K tons)
  9. India (2.4K tons)
  10. Malaysia (2.0K tons)
  11. Cambodia (1.9K tons)
  12. Iraq (1.8K tons)
  13. Thailand (1.4K tons)

Textile Wadding Imports in China

In 2022, the amount of wadding of textile materials and articles thereof imported into China reduced to 12K tons, dropping by -14.7% against the previous year. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 2% against the previous year.

In value terms, textile wadding imports contracted rapidly to $116M in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 2.1% against the previous year.

Import of Textile Wadding in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan46.934.732.618.9-26.1%
South Korea19.714.615.517.8-3.3%
Vietnam11.317.620.416.914.4%
United States15.217.017.413.7-3.4%
Netherlands12.112.613.411.3-2.3%
Thailand18.710.29.610.8-16.7%
Indonesia13.016.618.17.0-18.6%
Others30.540.140.019.8-13.4%
Total167163167116-11.4%

Top Suppliers of Textile Wadding to China in 2022:

  1. South Korea (3.0K tons)
  2. Vietnam (2.1K tons)
  3. Thailand (1.6K tons)
  4. Japan (1.2K tons)
  5. Indonesia (0.9K tons)
  6. United States (0.8K tons)
  7. Netherlands (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
  • Prodcom 17221240 - Wadding, other articles of wadding

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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