Report Update: Feb 1, 2025

China - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Fabric Prices in China

China Woolen Fabric Import Price in July 2022

In July 2022, the woolen fabric price amounted to $10.0 per square meter (CIF, China), with a decrease of -8.1% against the previous month. In general, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in February 2022 an increase of 11% m-o-m. As a result, import price attained the peak level of $14.5 per square meter. From March 2022 to July 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17.2 per square meter), while the price for South Korea ($3.1 per square meter) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

China Woolen Fabric Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In July 2022, the product with the highest price was woven fabrics of combed wool or of combed fine animal hair ($10.7 per square meter), while the price for woven fabrics of carded wool or of carded fine animal hair amounted to $8.9 per square meter.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by woven fabrics of carded wool or of carded fine animal hair (-1.5%).

China Woolen Fabric Imports

For the fifth month in a row, China recorded growth in overseas purchases of woven woolen fabrics, which increased by 17% to 4.4M square meters in July 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in May 2022 when imports increased by 75% against the previous month. Imports peaked in July 2022.

In value terms, woolen fabric imports rose notably to $44M (IndexBox estimates) in July 2022. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in March 2022 when imports increased by 64% month-to-month. Over the period under review, imports hit record highs in July 2022.

China Woolen Fabric Imports by Type

Woven fabrics of combed wool or of combed fine animal hair (2.8M square meters) and woven fabrics of carded wool or of carded fine animal hair (1.6M square meters) were the main products of woolen fabric imports to China.

From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by woven fabrics of carded wool or of carded fine animal hair (with a CAGR of +49.4%).

In value terms, woven fabrics of combed wool or of combed fine animal hair ($29M) constituted the largest type of woolen fabric supplied to China, comprising 67% of total imports. The second position in the ranking was taken by woven fabrics of carded wool or of carded fine animal hair ($14M), with a 33% share of total imports.

China Woolen Fabric Imports by Country

Italy (1.4M square meters), South Korea (1.3M square meters) and Japan (1.2M square meters) were the main suppliers of woolen fabric imports to China, together accounting for 89% of total imports.

From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +100.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($24M) constituted the largest supplier of woolen fabric to China, comprising 55% of total imports. The second position in the ranking was taken by Japan ($10M), with a 24% share of total imports. It was followed by South Korea, with a 9.2% share.

From January 2022 to July 2022, the average monthly growth rate of value from Italy totaled +14.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+35.3% per month) and South Korea (+87.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

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
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:

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