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China - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 28, 2024

China's Export of Technical Textiles Falls by 4% to $1.1B in 2023

China Technical Textiles Exports

For the third consecutive year, China recorded growth in shipments abroad of textile products and articles for technical uses, which increased by 4.6% to 165K tons in 2023. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 132% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.

In value terms, technical textiles exports contracted to $1.1B (IndexBox estimates) in 2023. Over the period under review, total exports indicated a strong expansion from 2013 to 2023: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +43.6% against 2014 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at $1.1B in 2022, and then reduced in the following year. China Technical Textiles Exports By Country (Million USD)

COUNTRY	Export Value of Technical Textiles in China (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
United States	88.8	98.0	98.2	99.9	96.5	103	90.9	81.3	91.4	110	93.0
India	39.8	42.3	45.0	52.6	57.2	69.4	66.3	50.9	72.8	80.9	79.9
Vietnam	28.2	41.5	34.9	37.6	39.8	46.2	54.5	58.8	87.8	81.6	77.2
Russia	12.4	18.5	11.8	12.8	23.1	23.7	25.9	21.0	30.1	45.6	70.8
Indonesia	30.4	33.1	29.4	27.6	31.8	39.2	41.7	33.3	38.7	42.4	52.3
Japan	39.6	47.9	42.7	43.7	44.9	50.3	49.8	45.0	52.5	51.6	47.5
Malaysia	17.7	21.7	19.3	17.8	18.0	22.1	27.8	34.3	30.3	37.0	45.4
South Korea	34.6	36.5	41.2	41.8	41.7	41.6	44.0	46.5	45.5	48.6	45.3
Hong Kong	58.6	54.0	45.0	41.6	46.8	47.5	41.0	33.2	34.5	26.2	22.6
Others	328	374	347	349	366	408	454	447	572	621	568
Total	678	768	715	725	766	851	896	852	1,056	1,145	1,102

Exports by Country

India (15K tons), the United States (14K tons) and Vietnam (9.1K tons) were the main destinations of technical textiles exports from China, together comprising 23% of total exports. Russia, Malaysia, Indonesia, South Korea, Japan and Hong Kong lagged somewhat behind, together comprising a further 19%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +12.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($93M), India ($80M) and Vietnam ($77M) constituted the largest markets for technical textiles exported from China worldwide, together accounting for 23% of total exports. Russia, Indonesia, Japan, Malaysia, South Korea and Hong Kong lagged somewhat behind, together comprising a further 26%.

Russia, with a CAGR of +19.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Textile products and articles for technical uses; specified in note 7 to this chapter (90K tons) was the largest type of textile products and articles for technical uses exported from China, accounting for a 54% share of total exports. Moreover, textile products and articles for technical uses; specified in note 7 to this chapter exceeded the volume of the second product type, textile hosepiping and similar textile tubing (40K tons), twofold. The third position in this ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (35K tons), with a 21% share.

From 2013 to 2023, the average annual rate of growth in terms of the volume of textile products and articles for technical uses; specified in note 7 to this chapter exports totaled +6.8%. With regard to the other exported products, the following average annual rates of growth were recorded: textile hosepiping and similar textile tubing (+1.9% per year) and textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+8.8% per year).

In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($832M) remains the largest type of textile products and articles for technical uses exported from China, comprising 75% of total exports. The second position in the ranking was taken by textile hosepiping and similar textile tubing ($142M), with a 13% share of total exports. It was followed by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material, with an 11% share.

From 2013 to 2023, the average annual growth rate of the value of textile products and articles for technical uses; specified in note 7 to this chapter exports stood at +5.4%. With regard to the other exported products, the following average annual rates of growth were recorded: textile hosepiping and similar textile tubing (+1.6% per year) and textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (+7.3% per year).

Export Prices by Country

In 2023, the technical textiles price stood at $6,676 per ton (FOB, China), dropping by -8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 102% against the previous year. As a result, the export price attained the peak level of $14,789 per ton. From 2017 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($12,360 per ton), while the average price for exports to South Africa ($3,063 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the technical textiles market in China. 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.

Product coverage:

Prodcom 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights

China's Export of Technical Textiles Falls by 4% to $1.1B in 2023

China Technical Textiles Exports

Exports by Country

Exports by Type

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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