Asia: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Asia

In 2021, the Asian pile and chenille fabric market decreased by -X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Asia

In value terms, pile and chenille fabric production expanded slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; afterwards, it flattened through to 2021.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports in Asia

In 2021, the amount of woven pile fabrics and chenille fabrics exported in Asia soared to X tons, jumping by X% against 2020 figures. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded 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, pile and chenille fabric exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near X% of total exports in 2021. It was distantly followed by Turkey (X tons), achieving a X% share of total exports. South Korea (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the woven pile fabrics and chenille fabrics exports, with a CAGR of +X% from 2012 to 2021. At the same time, south korea (+X%) displayed positive paces of growth. by contrast, turkey (-X%) illustrated a downward trend over the same period. percentage points. Turkey (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier in Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+X% per year) and Turkey (-X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price showed a slight slump. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports in Asia

In 2021, supplies from abroad of woven pile fabrics and chenille fabrics increased by X% to X tons, rising for the fifth year in a row after three years of decline. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pile and chenille fabric imports stood at $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Jordan (X tons) represented the key importer of woven pile fabrics and chenille fabrics, constituting X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Bangladesh (X tons) and Vietnam (X tons), together making up a X% share of total imports. Cambodia (X tons), Iran (X tons) and South Korea (X tons) followed a long way behind the leaders.

Imports into Jordan increased at an average annual rate of +X% from 2012 to 2021. At the same time, bangladesh (+X%), vietnam (+X%), south korea (+X%), the united arab emirates (+X%) and cambodia (+X%) displayed positive paces of growth. moreover, bangladesh emerged as the fastest-growing importer imported in asia, with a cagr of +X% from 2012-2021. by contrast, iran (-X%) illustrated a downward trend over the same period. While the share of Jordan (+X p.p.), Bangladesh (+X p.p.), Vietnam (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Iran (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported woven pile fabrics and chenille fabrics in Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Bangladesh, with an X% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, which is down by -X% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :