Asia-Pacific: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in Asia-Pacific

The Asia-Pacific textile relling machine market skyrocketed to $X in 2021, jumping by 63% against the previous year. Over the period under review, consumption posted a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Textile Relling Machine Production in Asia-Pacific

In value terms, textile relling machine production declined to $X in 2021 estimated in export price. Overall, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 85% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Textile Relling Machine Exports

Exports in Asia-Pacific

In 2021, approx. X units of machines for reeling, unreeling or textile fabrics were exported in Asia-Pacific; with an increase of 8.3% against the previous year. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 15% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, textile relling machine exports totaled $X in 2021. Over the period under review, exports recorded a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 20% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

China represented the largest exporter of machines for reeling, unreeling or textile fabrics in Asia-Pacific, with the volume of exports recording X units, which was near 82% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), committing a 12% share of total exports.

China was also the fastest-growing in terms of the machines for reeling, unreeling or textile fabrics exports, with a CAGR of +7.2% from 2012 to 2021. At the same time, Taiwan (Chinese) (+3.5%) displayed positive paces of growth. From 2012 to 2021, the share of China increased by +7.6 percentage points.

In value terms, China ($X) remains the largest textile relling machine supplier in Asia-Pacific, comprising 77% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 10% share of total exports.

In China, textile relling machine exports increased at an average annual rate of +14.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, dropping by -7.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2019 an increase of 20%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020, and then reduced in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while Taiwan (Chinese) totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.2%).

Textile Relling Machine Imports

Imports in Asia-Pacific

In 2021, imports of machines for reeling, unreeling or textile fabrics in Asia-Pacific skyrocketed to X units, increasing by 49% against 2020 figures. Overall, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile relling machine imports skyrocketed to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X units), South Korea (X units) and Vietnam (X units) represented roughly 64% of total imports in 2021. It was distantly followed by Indonesia (X units), Bangladesh (X units) and Taiwan (Chinese) (X units), together making up a 22% share of total imports. Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +53.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Vietnam ($X) and Bangladesh ($X) were the countries with the highest levels of imports in 2021, together comprising 47% of total imports.

Among the main importing countries, South Korea, with a CAGR of +30.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, falling by -9.6% against the previous year. Overall, the import price saw a perceptible decrease. The growth pace was the most rapid in 2013 when the import price increased by 6.3% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+17.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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