Tufted Textile Fabric Market
Tufted textile fabric market: get newly released info provided by an Ai-driven business intelligence tool. Data contain production, imports, companies, exports, trade, consumption, market size, and market prices. There is a split by country, including Latin America, the Middle East, the U.K., the U.S., Africa, Russia, China, and EU. Market trends and outlook to 2030 are also featured in the snapshots.
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Tufted Textile Fabric - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | China |
| 3 | United States |
| 4 | India |
| 5 | United Arab Emirates |
In value terms, Japan led the market, alone. The second position in the ranking was occupied by China. It was followed by the United States.
In Japan, the tufted textile fabric market increased at an average annual rate of +15.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+9.8% per year) and the United States (+2.9% per year).
Tufted Textile Fabric Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per square meter | ||||
| Jordan | 1.5 | 1.1 | 0.9 | -25.3% |
| Slovakia | 4.9 | 5.1 | 4.5 | -4.4% |
| Netherlands | 5.9 | 5.2 | 4.5 | -12.8% |
| China | 3.8 | 4.1 | 5.1 | 15.8% |
| Belgium | 6.2 | 5.6 | 6.2 | 0.0% |
| Thailand | 7.9 | 8.3 | 8.9 | 6.4% |
| Japan | 14 | 13 | 11 | -12.0% |
| Average | 4.2 | 4.5 | 5.3 | 11.6% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($11 per square meter), while Jordan ($0.9 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.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per square meter | ||||
| United Arab Emirates | 6.6 | 6.9 | 7.2 | 4.4% |
| Vietnam | 6.3 | 5.6 | 5 | -10.6% |
| Japan | 3.7 | 3.5 | 3.4 | -4.3% |
| Kuwait | 5 | 3.6 | 2.9 | -24.3% |
| Average | 4.7 | 4.4 | 4 | -7.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United Arab Emirates ($7.2 per square meter), while Kuwait ($2.9 per square meter) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced a decline in the import price figures.
Tufted Textile Fabric - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Japan | 39 | 42 | 52 | 15.2% |
| United Arab Emirates | 5.1 | 5.1 | 5 | -0.6% |
| Vietnam | 3.2 | 3.8 | 1.9 | -23.2% |
| Kuwait | 0.6 | 1.5 | 1.5 | 54.1% |
In value terms, Japan ($52M) constitutes the largest market for imported tufted textile fabrics worldwide, comprising 64% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($5M), with a 6.3% share of global imports. It was followed by Vietnam, with a 2.4% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Japan stood at +15.2%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-0.6% per year) and Vietnam (-23.2% per year).
Tufted Textile Fabric - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 49 | 32 | 14 | -46.7% |
| Netherlands | 1.2 | 1.6 | 1.5 | 12.7% |
| Japan | 1.2 | 1 | 1 | -8.1% |
| Belgium | 1.1 | 1.1 | 0.7 | -18.9% |
| Thailand | 0.3 | 0.3 | 0.7 | 43.5% |
In value terms, China ($14M) remains the largest tufted textile fabric supplier worldwide, comprising 67% of global exports. The second position in the ranking was occupied by the Netherlands ($1.5M), with a 7.3% share of global exports. It was followed by Japan, with a 4.7% share.
In China, tufted textile fabric exports decreased by an average annual rate of -46.7% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+12.7% per year) and Japan (-8.1% per year).
Tufted Textile Fabric - Market Forecast
Driven by increasing demand for tufted textile fabric 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.
Tufted Textile Fabric - Product Coverage
- HS 580230 - Fabrics; tufted textile fabrics, excluding products of heading no. 5703
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Middle East - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in the Middle East.
World - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global tufted textile fabric market.
Latin America and the Caribbean - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Latin America and the Caribbean.
Southern Asia - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Southern Asia.
Central Asia - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Central Asia.
Eastern Asia - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Eastern Asia.
Northern America - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Northern America.
Australia and Oceania - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the tufted textile fabric market in Australia and Oceania.
Africa - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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137
This report provides an in-depth analysis of the tufted textile fabric market in Africa.
South-Eastern Asia - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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May 11, 2022
135
This report provides an in-depth analysis of the tufted textile fabric market in South-Eastern Asia.
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