Eastern Asia: Textile Wick Market 2020

Textile Wick Market Size in Eastern Asia

The revenue of the textile wick market in Eastern Asia amounted to $X in 2017, lowering by -X% against the previous year. The textile wick consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Over the period under review, the textile wick market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Wick Production in Eastern Asia

The textile wick production amounted to X tons in 2017, stabilizing at the previous year. The textile wick production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when the output figure increased by X% year-to-year. Over the period under review, the textile wick production reached its maximum volume in 2017, and is likely to continue its growth in the near future.

Textile Wick Exports in Eastern Asia

In 2017, textile wick exports in Eastern Asia stood at X tons, picking up by X% against the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the textile wick exports increased by +X% against 2014 indices. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, textile wick exports stood at $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the textile wick exports increased by +X% against 2013 indices. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Textile Wick Exports by Country in Eastern Asia

China was the main exporter of textile wicks, conveyor belts or belting in Eastern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X tons), committing X% share of total exports. Japan (X tons) held the weak share of total exports.

China was also the fastest growing in terms of the textile wicks, conveyor belts or belting exports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and Japan (+X%) displayed positive paces of growth. Japan (-X%), Taiwan, Chinese (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest textile wick supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Taiwan, Chinese (+X% per year).

Textile Wick Export Prices by Country in Eastern Asia

The textile wick export price in Eastern Asia stood at $X per ton in 2017, declining by -X% against the previous year. The textile wick export price continues to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the export prices for textile wicks, conveyor belts or belting reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for textile wicks, conveyor belts or belting failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per kg), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (-X% per year), while the other leaders experienced a decline in the export price figures.

Textile Wick Imports in Eastern Asia

In 2017, textile wick imports in Eastern Asia stood at X tons, picking up by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the textile wick imports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, textile wick imports totaled $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Textile Wick Imports by Country in Eastern Asia

China (X tons) and South Korea (X tons) prevails in textile wick imports structure, together committing X% of total imports. China, Hong Kong SAR (X tons) held the second position in the ranking, followed by Japan (X tons) and Taiwan, Chinese (X tons). All these countries together occupied near X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest textile wick markets worldwide were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports.

South Korea (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Textile Wick Import Prices by Country in Eastern Asia

In 2017, the textile wick import price in Eastern Asia amounted to $X per kg, declining by -X% against the previous year. The textile wick import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The level of import price peaked of $X per kg in 2008; however, from 2009 to 2017, it 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 Taiwan, Chinese ($X per kg), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform