China - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in China - 2023
Contents:
- Woolen Fabric Price in China (CIF) - 2023
- Woolen Fabric Price in China (FOB) - 2022
- Woolen Fabric Imports in China
- Woolen Fabric Exports in China
Woolen Fabric Price in China (CIF) - 2023
The average woolen fabric import price stood at $11.8 per square meter in June 2023, declining by -8.4% against the previous month. Over the period from September 2022 to June 2023, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in December 2022 an increase of 15% against the previous month. Over the period under review, average import prices hit record highs at $15.0 per square meter in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($32.1 per square meter), while the price for South Korea ($8.8 per square meter) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Fabric Price in China (FOB) - 2022
The average woolen fabric export price stood at $6.4 per square meter in 2022, growing by 9.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 43% against the previous year. As a result, the export price attained the peak level of $8.4 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($8.9 per square meter), while the average price for exports to the Dominican Republic ($3.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports in China
In 2022, woolen fabric imports into China totaled 29M square meters, increasing by 9.5% against 2021 figures. Overall, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Imports peaked at 34M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, woolen fabric imports amounted to $335M in 2022. Over the period under review, imports, however, saw a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 27%. Over the period under review, imports hit record highs at $389M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woolen Fabric in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 216 | 146 | 198 | 222 | 0.9% |
| Japan | 118 | 62.2 | 63.9 | 59.0 | -20.6% |
| United Kingdom | 20.0 | 16.5 | 21.8 | 21.4 | 2.3% |
| South Korea | 16.7 | 13.5 | 18.1 | 15.0 | -3.5% |
| Ethiopia | N/A | N/A | N/A | 5.1 | 0% |
| Others | 17.9 | 8.7 | 10.9 | 11.8 | -13.0% |
| Total | 389 | 247 | 313 | 335 | -4.9% |
Top Suppliers of Woolen Fabric to China in 2022:
- Italy (14.0M square meters)
- Japan (6.4M square meters)
- South Korea (4.9M square meters)
- United Kingdom (1.9M square meters)
- Ethiopia (0.7M square meters)
Woolen Fabric Exports in China
Woolen fabric exports from China surged to 53M square meters in 2022, rising by 41% compared with the previous year. Overall, exports, however, showed a abrupt setback. The exports peaked at 70M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, woolen fabric exports surged to $337M in 2022. Over the period under review, exports, however, recorded a abrupt decline. The exports peaked at $449M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woolen Fabric in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 100 | 48.8 | 56.7 | 78.0 | -7.9% |
| Indonesia | 61.9 | 14.4 | 34.4 | 59.3 | -1.4% |
| Japan | 45.9 | 28.6 | 15.3 | 24.8 | -18.6% |
| India | 22.7 | 6.9 | 8.2 | 19.6 | -4.8% |
| Cambodia | 14.7 | 5.5 | 5.2 | 15.3 | 1.3% |
| Bangladesh | 11.2 | 5.8 | 8.5 | 11.4 | 0.6% |
| Canada | 10.1 | 3.8 | 5.5 | 10.5 | 1.3% |
| Turkey | 8.3 | 5.7 | 5.4 | 9.3 | 3.9% |
| Myanmar | 4.6 | 12.2 | 6.4 | 8.8 | 24.1% |
| South Korea | 11.2 | 8.3 | 7.8 | 7.8 | -11.4% |
| Dominican Republic | 11.1 | 3.4 | 4.4 | 7.1 | -13.8% |
| Nigeria | 27.4 | 1.6 | 1.9 | 5.7 | -40.7% |
| Guatemala | 4.4 | 2.1 | 2.1 | 4.0 | -3.1% |
| Others | 115 | 56.2 | 55.8 | 75.8 | -13.0% |
| Total | 449 | 203 | 218 | 337 | -9.1% |
Top Export Markets for Woolen Fabric from China in 2022:
- Vietnam (13.6M square meters)
- Indonesia (7.5M square meters)
- Japan (3.8M square meters)
- India (2.5M square meters)
- Cambodia (2.4M square meters)
- Dominican Republic (2.1M square meters)
- Bangladesh (2.0M square meters)
- Turkey (1.7M square meters)
- Canada (1.2M square meters)
- Myanmar (1.2M square meters)
- Guatemala (1.0M square meters)
- South Korea (1.0M square meters)
- Nigeria (0.9M square meters)
This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
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
-
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
480
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