
Vietnam - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Vietnam: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in Vietnam
After four years of growth, the Vietnamese pile and chenille fabric market decreased by -X% to $X in 2021. In general, consumption, however, posted temperate growth. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from Vietnam
After four years of growth, shipments abroad of woven pile fabrics and chenille fabrics decreased by -X% to X tons in 2021. Overall, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2020, and then dropped in the following year.
In value terms, pile and chenille fabric exports reduced to $X in 2021. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then declined in the following year.
Exports by Country
Japan (X tons) was the main destination for pile and chenille fabric exports from Vietnam, with a X% share of total exports. Moreover, pile and chenille fabric exports to Japan exceeded the volume sent to the second major destination, China (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at +X%.
In value terms, Japan ($X) remains the key foreign market for pile and chenille fabric exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Japan stood at +X%.
Export Prices by Country
In 2021, the average pile and chenille fabric export price amounted to $X per ton, falling by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2020, and then contracted modestly in the following year.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to China amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%).
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into Vietnam
In 2021, overseas purchases of woven pile fabrics and chenille fabrics decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020, and then declined modestly in the following year.
In value terms, pile and chenille fabric imports declined to $X in 2021. In general, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2020, and then shrank in the following year.
Imports by Country
In 2021, China (X tons) was the main pile and chenille fabric supplier to Vietnam, accounting for a X% share of total imports. It was followed by South Korea (X tons), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%.
In value terms, China ($X) constituted the largest supplier of pile and chenille fabric to Vietnam, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%.
Import Prices by Country
The average pile and chenille fabric import price stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably countryorigin: the country with the highest price was China ($X per ton), while the price for South Korea amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric in Vietnam. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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