China: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in China

For the fourth consecutive year, the Chinese textile wall covering market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Textile Wall Covering Production in China

In value terms, textile wall covering production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Textile Wall Covering Exports

Exports from China

For the fourth year in a row, China recorded growth in shipments abroad of textile wall coverings, which increased by X% to X square meters in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, textile wall covering exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X square meters) was the main destination for textile wall covering exports from China, accounting for a X% share of total exports. Moreover, textile wall covering exports to the United States exceeded the volume sent to the second major destination, the UK (X square meters), fourfold. The United Arab Emirates (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

In value terms, the United States ($X) remains the key foreign market for textile wall coverings exports from China, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average textile wall covering export price stood at $X per square meter in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The export price peaked at $X per square meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per square meter) and the United States ($X per square meter), while the average price for exports to the UK ($X per square meter) and Belgium ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Wall Covering Imports

Imports into China

In 2022, overseas purchases of textile wall coverings decreased by X% to X square meters, falling for the fifth year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, textile wall covering imports declined to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X square meters), Italy (X square meters) and France (X square meters) were the main suppliers of textile wall covering imports to China, with a combined X% share of total imports. South Korea, Belgium, the United States, Denmark, Germany and Japan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and France ($X) constituted the largest textile wall covering suppliers to China, together comprising X% of total imports. South Korea, Belgium, the United States, Denmark, Germany and Japan lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, with a CAGR of X%, recorded 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

The average textile wall covering import price stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wall covering import price increased by X% against 2017 indices. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per square meter) and Italy ($X per square meter), while the price for Japan ($X per square meter) and South Korea ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

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