China: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in China

In 2022, the Chinese metal thread woven fabric market decreased by -49.1% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, posted a significant increase. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in China

In value terms, metal thread woven fabric production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt downturn. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from China

In 2022, metal thread woven fabric exports from China soared to X square meters, rising by 76% on 2021 figures. Over the period under review, exports, however, saw a deep reduction. Over the period under review, the exports attained the maximum at X square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal thread woven fabric exports skyrocketed to $X in 2022. Overall, exports, however, recorded a mild downturn. The growth pace was the most rapid in 2017 with an increase of 110%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X square meters), Italy (X square meters) and Bulgaria (X square meters) were the main destinations of metal thread woven fabric exports from China.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +93.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal thread woven fabric exported from China were Germany ($X), India ($X) and the United States ($X), with a combined 68% share of total exports.

India, with a CAGR of +96.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal thread woven fabric export price stood at $X per square meter in 2021, rising by 250% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into China

After ten years of growth, overseas purchases of woven fabrics of metal thread and woven fabrics of metallised yarn decreased by -13.2% to X square meters in 2022. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports attained the peak of X square meters, and then fell in the following year.

In value terms, metal thread woven fabric imports fell dramatically to $X in 2022. In general, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of 43% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X square meters) was the main supplier of metal thread woven fabric to China, accounting for a 156% share of total imports. Moreover, metal thread woven fabric imports from Germany exceeded the figures recorded by the second-largest supplier, India (X square meters), threefold. Taiwan (Chinese) (X square meters) ranked third in terms of total imports with a 41% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +185.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+15.7% per year) and Taiwan (Chinese) (-19.0% per year).

In value terms, Germany ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to China, comprising 25% of total imports. The second position in the ranking was held by Belgium ($X), with a 7.6% share of total imports. It was followed by Taiwan (Chinese), with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +162.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.2% per year) and Taiwan (Chinese) (-18.1% per year).

Import Prices by Country

In 2021, the average metal thread woven fabric import price amounted to $X per square meter, reducing by -2.5% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The import price peaked at $X per square meter in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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