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

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

Woolen Fabric - Top Importers

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

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

Source: IndexBox Market Intelligence Platform