China - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

China - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights

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Textile Weaving And Knitting Machinery Prices in China

China Textile Weaving And Knitting Machinery Export Price in August 2022

In August 2022, the textile weaving and knitting machinery price amounted to $2,226 per unit (FOB, China), falling by -61.4% against the previous month. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in February 2022 an increase of 147% month-to-month. Over the period under review, the average export prices hit record highs at $7,687 per unit in June 2022; afterwards, it flattened through to August 2022.

There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Bangladesh ($24,829 per unit), while the average price for exports to Afghanistan ($5.0 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Textile Weaving And Knitting Machinery Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was knitting machines ($3,445 per unit), while the average price for exports of weaving machines (looms) ($1,506 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: knitting machines (+7.2%), while the prices for the other products experienced a decline.

China Textile Weaving And Knitting Machinery Exports

Textile weaving and knitting machinery exports from China soared to 138K units in August 2022, rising by 125% compared with July 2022. In general, exports saw moderate growth. The most prominent rate of growth was recorded in March 2022 with an increase of 187% m-o-m. Over the period under review, the exports hit record highs in August 2022.

In value terms, textile weaving and knitting machinery exports dropped to $306M (IndexBox estimates) in August 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 when exports increased by 59% m-o-m. The exports peaked at 353M units in July 2022, and then dropped in the following month.

China Textile Weaving And Knitting Machinery Exports by Type

Textile machinery; spinning, doubling, twisting machines, textile reeling or winding machines and machines for preparing textile yarns for use on machines of heading no. 8446 and 8447 (54K units), weaving machines (looms) (37K units) and knitting machines (33K units) were the main products of textile weaving and knitting machinery exports from China, with a combined 91% share of total exports.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by weaving machines (looms) (with a CAGR of +17.4%), while the other products experienced more modest paces of growth.

In value terms, knitting machines ($114M), textile machinery; spinning, doubling, twisting machines, textile reeling or winding machines and machines for preparing textile yarns for use on machines of heading no. 8446 and 8447 ($105M) and weaving machines (looms) ($55M) were the most exported types of machines for preparing, weaving and knitting textiles from China worldwide, with a combined 90% share of total exports. Textile machinery; for extruding, drawing, texturing or cutting man-made textile materials lagged somewhat behind, accounting for a further 10%.

Textile machinery; for extruding, drawing, texturing or cutting man-made textile materials, with a CAGR of +3.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.

China Textile Weaving And Knitting Machinery Exports by Country

The United States (57K units) was the main destination for textile weaving and knitting machinery exports from China, accounting for a 41% share of total exports. Moreover, textile weaving and knitting machinery exports to the United States exceeded the volume sent to the second major destination, Spain (25K units), twofold. The third position in this ranking was held by Colombia (20K units), with a 15% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume to the United States totaled +42.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Spain (+148.3% per month) and Colombia (+126.2% per month).

In value terms, India ($89M) remains the key foreign market for textile weaving and knitting machinery exports from China, comprising 29% of total exports. The second position in the ranking was taken by Bangladesh ($32M), with an 11% share of total exports. It was followed by Vietnam, with an 8.8% share.

From January 2022 to August 2022, the average monthly growth rate of value to India totaled +3.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Bangladesh (-0.8% per month) and Vietnam (-1.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for textile weaving and knitting machinery 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 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
  • Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
  • Prodcom 28941300 - Weaving machines
  • Prodcom 28941430 - Circular knitting machines
  • Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
  • Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

Country coverage:

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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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