Report Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 22, 2022

Asia - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Woolen Fabric Market 2022

Woolen Fabric Market Size in Asia

The Asian woolen fabric market contracted to $X in 2020, reducing by -X% against the previous year. Over the period under review, consumption showed a pronounced curtailment. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Woolen Fabric Production in Asia

In value terms, woolen fabric production declined to $X in 2020 estimated in export prices. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in Asia

The country with the largest volume of woolen fabric production was China (X square meters), comprising approx. X% of total volume. Moreover, woolen fabric production in China exceeded the figures recorded by the second-largest producer, Turkey (X square meters), more than tenfold. India (X square meters) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Turkey (-X% per year) and India (+X% per year).

Woolen Fabric Exports

Exports in Asia

In 2020, the amount of woven woolen fabrics exported in Asia shrank significantly to X square meters, declining by -X% against 2019. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X square meters in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, woolen fabric exports dropped notably to $X in 2020. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X square meters) represented the major exporter of woven woolen fabrics, achieving X% of total exports. It was distantly followed by Japan (X square meters) and South Korea (X square meters), together creating a X% share of total exports. The following exporters - Turkey (X square meters), Hong Kong SAR (X square meters) and India (X square meters) - each accounted for an X% share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2020. South Korea (-X%), India (-X%), Japan (-X%), Turkey (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan, Turkey and Hong Kong SAR saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of total exports. Hong Kong SAR, Turkey and India lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The woolen fabric export price in Asia stood at $X per square meter in 2020, dropping by -X% against the previous year. Overall, the export price saw a mild descent. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per square meter. from 2009 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Woolen Fabric Imports

Imports in Asia

In 2020, overseas purchases of woven woolen fabrics decreased by -X% to X square meters, falling for the second consecutive year after two years of growth. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, woolen fabric imports shrank markedly to $X in 2020. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X square meters), distantly followed by Vietnam (X square meters), Turkey (X square meters), Japan (X square meters), South Korea (X square meters) and Indonesia (X square meters) were the key importers of woven woolen fabrics, together generating X% of total imports. Bangladesh (X square meters), Cambodia (X square meters), Hong Kong SAR (X square meters), Afghanistan (X square meters), the United Arab Emirates (X square meters), India (X square meters) and Saudi Arabia (X square meters) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to woolen fabric imports into China stood at -X%. At the same time, Afghanistan (+X%), Cambodia (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. Vietnam experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Indonesia (-X%), Saudi Arabia (-X%), Japan (-X%), Turkey (-X%), South Korea (-X%), India (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.), Cambodia (+X p.p.), Bangladesh (+X p.p.), Afghanistan (+X p.p.) and Japan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of China (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported woven woolen fabrics in Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

In China, woolen fabric imports declined by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Turkey (-X% per year).

Import Prices by Country

In 2020, the woolen fabric import price in Asia amounted to $X per square meter, remaining relatively unchanged against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum at $X per square meter in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per square meter), while Afghanistan ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for woven woolen fabrics in Asia?
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China constituted the country with the largest volume of woolen fabric consumption, accounting for 65% of total volume. Moreover, woolen fabric consumption in China exceeded the figures recorded by the second-largest consumer, Turkey, tenfold. India ranked third in terms of total consumption with a 4.9% share.
What are the largest producers of woven woolen fabrics in Asia?
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China remains the largest woolen fabric producing country in Asia, comprising approx. 70% of total volume. Moreover, woolen fabric production in China exceeded the figures recorded by the second-largest producer, Turkey, more than tenfold. India ranked third in terms of total production with a 5.1% share.
What are the leading suppliers of woven woolen fabrics in Asia?
+
In value terms, the largest woolen fabric supplying countries in Asia were China, Japan and South Korea, together accounting for 83% of total exports. These countries were followed by Hong Kong SAR, Turkey and India, which together accounted for a further 15%.
What are the leading importers of woven woolen fabrics in Asia?
+
In value terms, China constitutes the largest market for imported woven woolen fabrics in Asia, comprising 29% of total imports. The second position in the ranking was occupied by Japan, with a 13% share of total imports. It was followed by Turkey, with a 10% share.
What is the average export price for woven woolen fabrics in Asia?
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The woolen fabric export price in Asia stood at $24 per square meter in 2020, dropping by -11.3% against the previous year.
What is the average import price for woven woolen fabrics in Asia?
+
In 2020, the woolen fabric import price in Asia amounted to $38 per square meter, stabilizing at the previous year.

This report provides an in-depth analysis of the woolen fabric market in Asia. 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 2025.


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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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