Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China - 2024
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (FOB) - 2024
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (CIF) - 2024
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (FOB) - 2024
The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $4.4 per square meter in December 2023, falling by -11.2% against the previous month. Over the period under review, the export price recorded a mild curtailment. The pace of growth appeared the most rapid in October 2023 an increase of 27% against the previous month. As a result, the export price attained the peak level of $5.9 per square meter. From November 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($12.0 per square meter), while the average price for exports to Egypt ($1.1 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic People's Republic of Korea (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (CIF) - 2024
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $11.6 per square meter in December 2023, dropping by -12.9% against the previous month. Over the period under review, import price indicated measured growth from February 2023 to December 2023: its price increased at an average monthly rate of +2.5% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for woven fabrics of carded wool or of carded fine animal hair decreased by -12.9% against November 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 38% m-o-m. The import price peaked at $13.3 per square meter in November 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($36.7 per square meter), while the price for South Korea ($3.3 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China
In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair exported from China skyrocketed to 20M square meters, increasing by 19% against the previous year. In general, exports, however, continue to indicate a abrupt downturn. The exports peaked at 26M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair soared to $102M in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of hit record highs at $125M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 35.2 | 33.0 | 34.3 | 41.5 | 5.6% |
| Dominican Republic | 9.6 | 3.1 | 4.0 | 7.0 | -10.0% |
| Turkey | 4.8 | 3.4 | 3.4 | 5.6 | 5.3% |
| Myanmar | 16.3 | 9.4 | 3.9 | 5.5 | -30.4% |
| South Korea | 7.3 | 5.9 | 5.9 | 5.1 | -11.3% |
| Cambodia | 5.1 | 3.3 | 2.6 | 4.1 | -7.0% |
| Guatemala | 3.9 | 2.1 | 2.1 | 4.0 | 0.8% |
| Russia | 5.0 | 2.2 | 3.5 | 3.8 | -8.7% |
| Bangladesh | 2.9 | 4.0 | 4.6 | 3.6 | 7.5% |
| Italy | 1.5 | 0.6 | 0.6 | 1.9 | 8.2% |
| Indonesia | 2.2 | 2.5 | 1.7 | 1.8 | -6.5% |
| Democratic People's Republic of Korea | 6.7 | 0.9 | N/A | 0.4 | -60.9% |
| Others | 24.3 | 15.2 | 17.8 | 18.0 | -9.5% |
| Total | 125 | 85.7 | 84.4 | 102 | -6.6% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from China in 2022:
- Vietnam (8.4M square meters)
- Dominican Republic (2.1M square meters)
- Turkey (1.2M square meters)
- Guatemala (1.0M square meters)
- Bangladesh (0.9M square meters)
- Cambodia (0.9M square meters)
- Myanmar (0.8M square meters)
- Russia (0.8M square meters)
- South Korea (0.6M square meters)
- Italy (0.3M square meters)
- Indonesia (0.3M square meters)
- Democratic People's Republic of Korea (0.1M square meters)
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China
In 2022, approx. 7.4M square meters of woven fabrics of carded wool or of carded fine animal hair were imported into China; remaining stable against the previous year. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked at 9.3M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair fell slightly to $72M in 2022. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked at $81M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 37.2 | 21.3 | 31.1 | 33.4 | -3.5% |
| Japan | 23.1 | 14.6 | 20.0 | 16.9 | -9.9% |
| South Korea | 7.9 | 7.7 | 9.9 | 10.3 | 9.2% |
| United Kingdom | 7.7 | 7.0 | 8.8 | 8.6 | 3.8% |
| Others | 5.3 | 2.8 | 4.3 | 2.6 | -21.1% |
| Total | 81.3 | 53.4 | 74.1 | 71.8 | -4.1% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to China in 2022:
- South Korea (2.8M square meters)
- Japan (1.7M square meters)
- Italy (1.6M square meters)
- United Kingdom (1.1M square meters)
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