China: Textile Tubing Market 2023

Textile Tubing Market Size in China

In 2022, the Chinese textile tubing market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, showed buoyant growth. Textile tubing consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Textile Tubing Production in China

In value terms, textile tubing production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Textile Tubing Exports

Exports from China

In 2022, exports of textile hosepiping and similar textile tubing from China stood at X tons, growing by X% on 2021. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile tubing exports rose sharply to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), India (X tons) and Russia (X tons) were the main destinations of textile tubing exports from China, with a combined X% share of total exports. Italy, Poland, Vietnam, Taiwan (Chinese), the Netherlands, Brazil, Thailand, Germany, Israel and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for textile hosepiping and similar textile tubing exports from China, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Italy (X% per year).

Export Prices by Country

The average textile tubing export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Tubing Imports

Imports into China

Textile tubing imports into China stood at X tons in 2022, approximately reflecting the year before. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, textile tubing imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Switzerland (X tons) and Japan (X tons) were the main suppliers of textile tubing imports to China, together comprising X% of total imports. The United States, France, the UK, Mexico, South Korea and Thailand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and France ($X) constituted the largest textile tubing suppliers to China, together accounting for X% of total imports. Switzerland, the United States, the UK, Mexico, South Korea and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile tubing import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price posted prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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