China: Metallised Yarn Market 2025

Metallised Yarn Market Size in China

The Chinese metallised yarn market declined to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metallised Yarn Production in China

In value terms, metallised yarn production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24%. Metallised yarn production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Metallised Yarn Exports

Exports from China

In 2022, exports of metallised yarn and strip from China declined to X tons, which is down by -5.4% on the previous year. In general, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 17% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metallised yarn exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 17%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons) was the main destination for metallised yarn exports from China, with a 36% share of total exports. Moreover, metallised yarn exports to Pakistan exceeded the volume sent to the second major destination, Bangladesh (X tons), threefold. Morocco (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Pakistan amounted to +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+7.8% per year) and Morocco (+2.1% per year).

In value terms, Pakistan ($X) remains the key foreign market for metallised yarn and strip exports from China, comprising 30% of total exports. The second position in the ranking was held by Morocco ($X), with a 13% share of total exports. It was followed by Bangladesh, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Pakistan totaled +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+1.5% per year) and Bangladesh (+5.3% per year).

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2022, increasing by 3.6% against the previous year. Overall, the export price, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 9%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metallised Yarn Imports

Imports into China

In 2022, supplies from abroad of metallised yarn and strip decreased by -14.3% to X tons, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2019 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, metallised yarn imports fell to $X in 2022. Overall, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of 27%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of metallised yarn to China, with a 31% share of total imports. Moreover, metallised yarn imports from the UK exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-9.1% per year) and South Korea (-9.1% per year).

In value terms, the UK ($X), Japan ($X) and South Korea ($X) appeared to be the largest metallised yarn suppliers to China, with a combined 65% share of total imports. The United States, India and Belgium lagged somewhat behind, together accounting for a further 16%.

Among the main suppliers, India, with a CAGR of +38.1%, saw the highest rates of growth with regard to 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

In 2022, the average metallised yarn import price amounted to $X per ton, leveling off at the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metallised yarn import price increased by +70.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 52%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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