Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $9,275 per ton in 2022, rising by 45% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 62%. Over the period under review, the average export prices reached the peak figure at $13,504 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($42,062 per ton), while the average price for exports to Angola ($2,871 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 South Korea (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $13,577 per ton in 2022, jumping by 27% against the previous year. In general, the import price saw a pronounced expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs 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 Italy ($20,730 per ton), while the price for the UK ($4,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China
Exports of wadding; other articles thereof, other than of cotton or man-made fibreses from China reduced notably to 811 tons in 2022, with a decrease of -32.6% compared with 2021 figures. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.7% against the previous year.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted to $7.5M in 2022. In general, exports saw a dramatic decline.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 234 | 341 | 1,076 | 1,162 | 70.6% |
| Germany | 850 | 162 | 510 | 599 | -11.0% |
| Vietnam | 12,362 | 9,927 | 674 | 583 | -63.9% |
| Spain | 22.4 | 12.1 | 15.2 | 537 | 188.3% |
| India | 205 | 103 | 24.5 | 368 | 21.5% |
| United Arab Emirates | 2.7 | 46.4 | 23.8 | 362 | 411.8% |
| South Korea | 45.8 | 42.9 | 30.9 | 339 | 94.9% |
| United States | 242 | 390 | 125 | 296 | 6.9% |
| Singapore | 11.2 | 159 | 292 | 218 | 169.0% |
| Russia | 72.7 | 86.6 | 123 | 209 | 42.2% |
| Hong Kong SAR | 2.6 | 10.1 | 28.0 | 176 | 307.5% |
| Pakistan | 19.2 | 64.4 | 128 | 96.2 | 71.1% |
| Angola | N/A | 1.1 | 14.7 | 83.3 | 770.2% |
| Others | 3,443 | 3,070 | 4,646 | 2,499 | -10.1% |
| Total | 17,512 | 14,416 | 7,712 | 7,527 | -24.5% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from China in 2022:
- Vietnam (94.9 tons)
- Germany (78.3 tons)
- Hong Kong SAR (45.6 tons)
- United Arab Emirates (38.7 tons)
- South Korea (37.3 tons)
- India (36.4 tons)
- Spain (32.1 tons)
- United States (30.2 tons)
- Angola (29.0 tons)
- Taiwan (Chinese) (27.6 tons)
- Singapore (23.6 tons)
- Pakistan (23.1 tons)
- Russia (22.1 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China
For the third year in a row, China recorded decline in purchases abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, which decreased by -48.6% to 79 tons in 2022. Overall, imports faced a significant contraction. The smallest decline of -6.7% was in 2020.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank sharply to $1.1M in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6% against the previous year.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 189 | 135 | 333 | 256 | 10.6% |
| Germany | 335 | 288 | 175 | 211 | -14.3% |
| Italy | 197 | 93.8 | 210 | 182 | -2.6% |
| Hong Kong SAR | 23.4 | 5.4 | 21.5 | 98.9 | 61.7% |
| Thailand | 491 | 390 | 257 | 89.7 | -43.3% |
| Taiwan (Chinese) | 181 | 65.6 | 129 | 46.4 | -36.5% |
| United Kingdom | 66.8 | 74.5 | 49.9 | 34.4 | -19.8% |
| India | 228 | 393 | 156 | N/A | -17.3% |
| Uzbekistan | N/A | N/A | 150 | N/A | 0% |
| Others | 60.4 | 102 | 159 | 155 | 36.9% |
| Total | 1,770 | 1,548 | 1,640 | 1,073 | -15.4% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to China in 2022:
- Japan (14.9 tons)
- Thailand (12.1 tons)
- Hong Kong SAR (10.8 tons)
- Germany (10.7 tons)
- Italy (8.8 tons)
- United Kingdom (7.5 tons)
- Taiwan (Chinese) (3.6 tons)
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