Report Update: Jan 1, 2025

China - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Knitted Fabric Prices in China

China Knitted Fabric Export Price in September 2022

In September 2022, the knitted fabric price amounted to $5,342 per ton (FOB, China), leveling off at the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 4.5% m-o-m. As a result, the export price reached the peak level of $6,025 per ton. From April 2022 to September 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($8,493 per ton), while the average price for exports to Brazil ($3,025 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

China Knitted Fabric Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was knitted or crocheted fabrics, of a width <= 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread ($11.6 per kg), while the average price for exports of warp knit fabrics, incl. those made on galloon knitting machines, of a width of > 30 cm ($4,080 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: knitted or crocheted fabrics, of a width <= 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread (+2.2%), while the prices for the other products experienced a decline.

China Knitted Fabric Exports

In September 2022, the amount of knitted or crocheted fabrics exported from China reduced to 360K tons, with a decrease of -9% on the previous month's figure. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in March 2022 when exports increased by 74% m-o-m. Over the period under review, the exports reached the peak figure at 505K tons in January 2022; however, from February 2022 to September 2022, the exports remained at a lower figure.

In value terms, knitted fabric exports declined to $1.9B (IndexBox estimates) in September 2022. Overall, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in March 2022 when exports increased by 81% month-to-month. Over the period under review, the exports attained the peak figure at 2.8M tons in January 2022; however, from February 2022 to September 2022, the exports remained at a lower figure.

China Knitted Fabric Exports by Type

Fabrics, knitted or crocheted, of a width of > 30 cm (169K tons), knitted or crocheted pile fabrics (102K tons) and knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread (60K tons) were the main products of knitted fabric exports from China, with a combined 92% share of total exports. These products were followed by warp knit fabrics, incl. those made on galloon knitting machines, of a width of > 30 cm, knitted or crocheted fabrics, of a width <= 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread and knitted or crocheted fabrics, of a width <= 30 cm, which together accounted for a further 8.1%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by knitted or crocheted fabrics, of a width <= 30 cm (with a CAGR of -1.7%), while the other products experienced a decline.

In value terms, fabrics, knitted or crocheted, of a width of > 30 cm ($968M) remains the largest type of knitted fabric exported from China, comprising 50% of total exports. The second position in the ranking was held by knitted or crocheted pile fabrics ($429M), with a 22% share of total exports. It was followed by knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread, with a 21% share.

From January 2022 to September 2022, the average monthly growth rate of the export volume of fabrics, knitted or crocheted, of a width of > 30 cm stood at -4.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: knitted or crocheted pile fabrics (-4.9% per month) and knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread (-5.8% per month).

China Knitted Fabric Exports by Country

Vietnam (51K tons) was the main destination for knitted fabric exports from China, with a 14% share of total exports. Moreover, knitted fabric exports to Vietnam exceeded the volume sent to the second major destination, Bangladesh (22K tons), twofold. India (19K tons) ranked third in terms of total exports with a 5.4% share.

From January 2022 to September 2022, the average monthly growth rate of volume to Vietnam totaled -4.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Bangladesh (-7.4% per month) and India (-2.7% per month).

In value terms, Vietnam ($434M) remains the key foreign market for knitted fabric exports from China, comprising 23% of total exports. The second position in the ranking was taken by Bangladesh ($142M), with a 7.4% share of total exports. It was followed by Cambodia, with a 6.8% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to Vietnam amounted to -2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Bangladesh (-6.6% per month) and Cambodia (-8.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

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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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024