Overview of the Global Market for Nets of Twine, Cordage, Rope or Textile Materials

Market Size for Nets of Twine, Cordage, Rope or Textile Materials

In 2021, after nine years of growth, there was decline in the global market for nets of twine, cordage, rope or textile materials, when its value decreased by -X% to $X. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the peak level at $X in 2020, and then contracted modestly in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials

In value terms, twine, cordage or textile net production dropped to $X in 2021 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2020, and then declined modestly in the following year.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports

For the third year in a row, the global market recorded growth in shipments abroad of nets of twine, cordage, rope or textile materials, which increased by X% to X tons in 2021. In general, total exports indicated buoyant growth 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, exports increased by +X% against 2013 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, twine, cordage or textile net exports surged to $X in 2021. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its value 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, exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The global exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2021. Vietnam (X tons) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). Thailand (X tons), Japan (X tons), India (X tons), Spain (X tons), Greece (X tons), Malaysia (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to twine, cordage or textile net exports from China stood at +X%. At the same time, Malaysia (+X%), South Korea (+X%), Germany (+X%), India (+X%), Spain (+X%), Vietnam (+X%), Greece (+X%), Thailand (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global exports, while Thailand and Japan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest twine, cordage or textile net supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In China, twine, cordage or textile net exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price saw a mild setback. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports

In 2021, purchases abroad of nets of twine, cordage, rope or textile materials increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, twine, cordage or textile net imports expanded markedly to $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 relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Japan (X tons) and South Korea (X tons) represented the major importers of nets of twine, cordage, rope or textile materials in 2021, amounting to approx. X% and X% of total imports, respectively. It was followed by Malaysia (X tons), mixing up a X% share of total imports. The following importers - Indonesia (X tons), Germany (X tons), France (X tons), Spain (X tons), the Netherlands (X tons), the United States (X tons), Norway (X tons), Vietnam (X tons), India (X tons) and Italy (X tons) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of global imports. Norway, France, Malaysia, the United States, Vietnam, the Netherlands, Indonesia, Italy, Spain and India lagged somewhat behind, together comprising a further X terms of the main importing countries, the Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 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 Norway ($X per ton), while Indonesia ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform