Global Textile Flock Market 2024

Textile Flock Market Size

The global textile flock market was estimated at $X in 2023, growing by X% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Textile Flock Production

In value terms, textile flock production expanded slightly to $X in 2023 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Textile Flock Exports

Exports

For the fourth consecutive year, the global market recorded growth in overseas shipments of textile flock and dust and mill neps, which increased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The global exports peaked in 2023 and are likely to continue growth in years to come.

In value terms, textile flock exports totaled $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the global exports failed to regain momentum.

Exports by Country

In 2023, Thailand (X tons) represented the key exporter of textile flock and dust and mill neps, creating X% of total exports. Japan (X tons) took the second position in the ranking, followed by China (X tons), Germany (X tons), the UK (X tons), the United States (X tons) and South Korea (X tons). All these countries together held near X% share of total exports. Indonesia (X tons), Turkey (X tons), Switzerland (X tons), France (X tons), Greece (X tons) and Spain (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2023. At the same time, Indonesia (X%), China (X%), South Korea (X%), the UK (X%) and France (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Greece, Spain and Japan experienced a relatively flat trend pattern. By contrast, the United States (X%), Switzerland (X%), Germany (X%) and Turkey (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), China (X p.p.), Indonesia (X p.p.) and South Korea (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Switzerland (X p.p.), the United States (X p.p.), Japan (X p.p.), Germany (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile flock supplying countries worldwide were Japan ($X), the United States ($X) and Thailand ($X), together comprising X% of global exports.

Among the main exporting countries, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average textile flock export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Textile Flock Imports

Imports

After two years of growth, supplies from abroad of textile flock and dust and mill neps decreased by X% to X tons in 2023. Over the period under review, total imports indicated perceptible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global imports peaked at X tons in 2022, and then dropped in the following year.

In value terms, textile flock imports amounted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

Japan was the main importing country with an import of about X tons, which finished at X% of total imports. The United States (X tons) took the second position in the ranking, followed by China (X tons) and Germany (X tons). All these countries together held near X% share of total imports. The following importers - France (X tons), India (X tons), Italy (X tons), Thailand (X tons), the Czech Republic (X tons), Austria (X tons) and Belgium (X tons) - together made up X% of total imports.

Japan was also the fastest-growing in terms of the textile flock and dust and mill neps imports, with a CAGR of X% from 2012 to 2023. At the same time, the Czech Republic (X%), India (X%), Austria (X%), Thailand (X%), China (X%), the United States (X%) and Belgium (X%) displayed positive paces of growth. Germany, Italy and France experienced a relatively flat trend pattern. While the share of Japan (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Italy (X p.p.), China (X p.p.), the United States (X p.p.), France (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported textile flock and dust and mill neps worldwide, comprising X% of global imports. The second position in the ranking was taken by the United States ($X), with a X% share of global imports. It was followed by China, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Japan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average textile flock import price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price, however, saw a slight decrease. Global import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform