Woolen Fabric Market

Woolen fabric market: discover recently published data powered by an Ai-driven BI platform. Statistics provide exports, imports, companies, market prices, consumption, production, trade, and market size. Here is a split by region, including the U.K., the Middle East, the U.S., Russia, Africa, Latin America, EU, and China. Market insights and outlook to 2030 are also provided in the dashboards.


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Woolen Fabric - World's Largest Markets

RatingCountry
1China
2Italy
3Japan
4Turkey
5India

In value terms, China led the market, alone. The second position in the ranking was occupied by Italy. It was followed by Japan.

From 2018 to 2020, the average annual growth rate of value in China totaled +3.8%. In the other countries, the average annual rates were as follows: Italy (-25.2% per year) and Japan (-2.0% per year).

Woolen Fabric Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per square meter
Lithuania1618171.2%
Mexico333120-22.1%
South Korea1822217.3%
China2023213.4%
Spain282723-9.9%
United States2123245.9%
Denmark423329-16.2%
United Kingdom444439-6.6%
Czech Republic3738392.8%
Germany444442-2.9%
Italy504946-4.2%
Japan4447463.1%
Average373836-2.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($46 per square meter), while Lithuania ($17 per square meter) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per square meter
South Korea5657646.8%
Japan525451-0.5%
France4145477.2%
United States484643-5.1%
Germany464442-4.1%
Romania4141421.2%
China454441-4.9%
Italy3534372.7%
Indonesia353533-3.0%
Turkey323731-0.8%
Vietnam2830303.1%
Spain252424-0.6%
Morocco232122-2.9%
Average373636-1.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($64 per square meter), while Morocco ($22 per square meter) was amongst the lowest.

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

Woolen Fabric - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.50.40.2-29.0%
Italy0.20.20.1-19.0%
Japan0.20.20.1-24.5%
Germany0.20.20.1-27.3%
France0.10.10.1-8.2%

In value terms, China ($245M) constitutes the largest market for imported woven woolen fabrics worldwide, comprising 12% of global imports. The second position in the ranking was occupied by Italy ($116M), with a 5.5% share of global imports. It was followed by Japan, with a 5.3% share.

In China, woolen fabric imports decreased by an average annual rate of -29.0% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-19.0% per year) and Japan (-24.5% per year).

Woolen Fabric - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Italy1.61.40.9-25.7%
China0.40.40.2-31.3%
United Kingdom0.20.20.2-6.2%
Japan0.20.20.1-26.1%
Germany0.20.20.1-27.0%

In value terms, Italy ($864M) remains the largest woolen fabric supplier worldwide, comprising 42% of global exports. The second position in the ranking was occupied by China ($203M), with a 9.9% share of global exports. It was followed by the UK, with a 8.9% share.

From 2018 to 2020, the average annual growth rate of value in Italy amounted to -25.7%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-31.3% per year) and the UK (-6.2% per year).

Woolen Fabric - Market Forecast

Depressed by shrinking demand for woolen fabric worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Woolen Fabric - Top Companies

Kingstar Medical Products Co., Ltd., Zhongshan Langfeng Tourism Products Co., Ltd., Rongsheng Petrochemical Co., Ltd., TEIJIN LIMITED, Yicheng County Xingsheng Knitting Co., Ltd., Hengli Petrochemical Co., Ltd., Inner Mongolia Eerduosi Resources Co.,Ltd., TOYOBO CO., LTD., Weiqiao Textile Company Limited, Shiyan Zhenzhenmian Knitwear Co., Ltd., Goldshield Fiber Glass Inc., KURABO INDUSTRIES LTD., FORMOSA TAFFETA CO., LTD., SEIREN CO., LTD., HYOSUNG VIETNAM COMPANY LIMITED, New Worldwide Trading Co., Ltd., PRATAMA ABADI INDUSTRI, PT, Guiyang Hongye Textile Printing and Dyeing Co., Ltd., ARVIND LIMITED, JAPAN WOOL TEXTILE CO., LTD., THE

Woolen Fabric - Product Coverage

  • HS 5111 - Woven fabrics of carded wool or of carded fine animal hair
  • HS 5112 - Woven fabrics of combed wool or of combed fine animal hair
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World - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global woolen fabric market.

Middle East - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the woolen fabric market in the Middle East.

Eastern Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the woolen fabric market in Eastern Asia.

Latin America and the Caribbean - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the woolen fabric market in Latin America and the Caribbean.

Africa - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in Africa.

Central Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in Central Asia.

Northern America - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in Northern America.

Southern Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in Southern Asia.

South-Eastern Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in South-Eastern Asia.

Australia and Oceania - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the woolen fabric market in Australia and Oceania.

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