Eastern Asia: Cotton Terry Towelling Market 2020

Cotton Terry Towelling Market Size in Eastern Asia

The revenue of the cotton terry towelling market in Eastern Asia amounted to $X in 2017, jumping by X% against the previous year. The cotton terry towelling consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when market value increased by X% against the previous year. The level of cotton terry towelling consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Production in Eastern Asia

In 2017, production of terry towelling of cotton in Eastern Asia amounted to X square meters, approximately reflecting the previous year. The cotton terry towelling production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of cotton terry towelling production peaked in 2017, and is expected to retain its growth in the near future.

Cotton Terry Towelling Exports in Eastern Asia

In 2017, approx. X square meters of terry towelling of cotton were exported in Eastern Asia; dropping by -X% against the previous year. The cotton terry towelling exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the cotton terry towelling exports reached its peak figure volume of X square meters in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, cotton terry towelling exports totaled $X in 2017. The cotton terry towelling exports continue to indicate a prominent increase. Over the period under review, the cotton terry towelling exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Cotton Terry Towelling Exports by Country in Eastern Asia

China (X square meters) represented roughly X% of total exports of terry towelling of cotton in 2017.

China was also the fastest growing in terms of the terry towelling of cotton exports, with a CAGR of +X% from 2007 to 2017. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest cotton terry towelling supplier in Eastern Asia.

In China, cotton terry towelling exports increased at an average annual rate of +X% over the period from 2007-2017.

Cotton Terry Towelling Export Prices by Country in Eastern Asia

In 2017, the cotton terry towelling export price in Eastern Asia amounted to $X per thousand square meters, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the export prices for terry towelling of cotton attained its peak figure level of $X per thousand square meters in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Cotton Terry Towelling Imports in Eastern Asia

In 2017, the amount of terry towelling of cotton imported in Eastern Asia amounted to X square meters, waning by -X% against the previous year. The cotton terry towelling imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. In that year, the cotton terry towelling imports attained their peak volume of X square meters. From 2013 to 2017, growth of the cotton terry towelling imports failed to regain its momentum.

In value terms, cotton terry towelling imports amounted to $X in 2017. The cotton terry towelling imports continue to indicate a prominent expansion. Over the period under review, the cotton terry towelling imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Cotton Terry Towelling Imports by Country in Eastern Asia

Japan was the key importing country with an import of around X square meters, which reached X% of total imports. South Korea (X square meters) ranks second in terms of the global imports with a X% share, followed by China, Hong Kong SAR (X%) and China (X%).

Japan was also the fastest growing in terms of the terry towelling of cotton imports, with a CAGR of +X% from 2007 to 2017. South Korea (-X%), China, Hong Kong SAR (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR, China and South Korea increased by X%, X% and X% percentage points, while Japan (-X%) saw their share reduced.

In value terms, Japan ($X) constitutes the largest market for imported terry towelling of cotton in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China, Hong Kong SAR (-X% per year).

Cotton Terry Towelling Import Prices by Country in Eastern Asia

In 2017, the cotton terry towelling import price in Eastern Asia amounted to $X per thousand square meters, reducing by -X% against the previous year. The cotton terry towelling import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. In that year, the import prices for terry towelling of cotton reached their peak level of $X per square meter. From 2015 to 2017, growth of the import prices for terry towelling of cotton failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per square meter), while South Korea ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform