Vietnam - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVietnam: Non-Cotton Terry Towelling Market 2025
Non-Cotton Terry Towelling Market Size in Vietnam
The Vietnamese non-cotton terry towelling market declined dramatically to $X in 2021, with a decrease of -21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.
Non-Cotton Terry Towelling Exports
Exports from Vietnam
In 2021, the amount of terry towelling (excluding of cotton) exported from Vietnam declined notably to X square meters, which is down by -82.7% on 2020. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 15,774%. As a result, the exports attained the peak of X square meters. From 2014 to 2021, the growth of the exports remained at a lower figure.
In value terms, non-cotton terry towelling exports dropped remarkably to $X in 2021. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 11,372% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Japan (X square meters), the United States (X square meters) and Sri Lanka (X square meters) were the main destinations of non-cotton terry towelling exports from Vietnam, together comprising 68% of total exports.
From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +100.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for non-cotton terry towelling exported from Vietnam were Sri Lanka ($X), the United States ($X) and Taiwan (Chinese) ($X), together accounting for 62% of total exports.
The United States, with a CAGR of +91.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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
In 2021, the average non-cotton terry towelling export price amounted to $X per square meter, waning by -18.4% against the previous year. Over the period under review, the export price, however, posted a measured increase. The pace of growth appeared the most rapid in 2014 an increase of 98%. Over the period under review, the average export prices attained the maximum at $X per square meter in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per square meter), while the average price for exports to Japan ($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 the UK (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Cotton Terry Towelling Imports
Imports into Vietnam
In 2021, the amount of terry towelling (excluding of cotton) imported into Vietnam fell to X square meters, shrinking by -7.8% on the previous year's figure. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by 130%. As a result, imports attained the peak of X square meters. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, non-cotton terry towelling imports fell sharply to $X in 2021. In general, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by 136%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, China (X square meters) constituted the largest supplier of non-cotton terry towelling to Vietnam, with a 76% share of total imports. Moreover, non-cotton terry towelling imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X square meters), fourfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.0% per year) and South Korea (-11.1% per year).
In value terms, China ($X) constituted the largest supplier of terry towelling (excluding of cotton) to Vietnam, comprising 76% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 20% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-1.2% per year) and South Korea (-12.1% per year).
Import Prices by Country
The average non-cotton terry towelling import price stood at $X per square meter in 2021, with a decrease of -20.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2021, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the price for South Korea ($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 Taiwan (Chinese) (-1.2%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-cotton terry towelling market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
Recommended reports
This report provides an in-depth analysis of the non-cotton terry towelling market in Asia.
This report provides an in-depth analysis of the global non-cotton terry towelling market.
This report provides an in-depth analysis of the non-cotton terry towelling market in the EU.
This report provides an in-depth analysis of the non-cotton terry towelling market in the U.S..
This report provides an in-depth analysis of the non-cotton terry towelling market in China.