Overview of the Global Market for Non-Woven, Felt and Coated Textile Garments

Market Size for Non-Woven, Felt and Coated Textile Garments

In 2021, the global market for non-woven, felt and coated textile garments decreased by -3.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +42.4% against 2013 indices. Over the period under review, the global market hit record highs at $X in 2020, and then declined slightly in the following year.

Production of Non-Woven, Felt and Coated Textile Garments

In value terms, production of non-woven, felt and coated textile garments declined to $X in 2021 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +48.0% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19%. Global production peaked at $X in 2020, and then fell slightly in the following year.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports

After four years of growth, overseas shipments of non-woven, felt and coated textile garments decreased by -29.4% to X units in 2021. Over the period under review, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. As a result, the exports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, exports of non-woven, felt and coated textile garments shrank rapidly to $X in 2021. Overall, exports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 99%. As a result, the exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

China represented the main exporting country with an export of around X units, which finished at 43% of total exports. The United States (X units) held the second position in the ranking, followed by Bangladesh (X units), Vietnam (X units) and Cambodia (X units). All these countries together held approx. 22% share of total exports. Spain (X units), Thailand (X units), the Netherlands (X units), Germany (X units), Turkey (X units), France (X units), Belgium (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to non-woven, felt and coated textile garment exports from China stood at +2.9%. At the same time, Turkey (+48.9%), Bangladesh (+27.6%), Cambodia (+19.2%), Spain (+17.2%), the United States (+15.0%), the Netherlands (+14.6%), Vietnam (+11.1%), Germany (+9.4%), Thailand (+9.3%), France (+8.0%) and Belgium (+6.5%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +48.9% from 2012-2021. Italy experienced a relatively flat trend pattern. Bangladesh (+4.6 p.p.), the United States (+3 p.p.), Cambodia (+3 p.p.), Spain (+2.3 p.p.), Turkey (+2 p.p.) and Vietnam (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -13.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-woven, felt and coated textile garment supplier worldwide, comprising 36% of global exports. The second position in the ranking was taken by Vietnam ($X), with a 7.7% share of global exports. It was followed by Italy, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Vietnam (+5.3% per year) and Italy (-4.8% per year).

Export Prices by Country

In 2021, the average export price for non-woven, felt and coated textile garments amounted to $X per unit, falling by -12.1% against the previous year. In general, the export price showed a pronounced setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 3.5% against the previous year. The global export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+1.3%), while the other global leaders experienced a decline in the export price figures.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports

Global imports of non-woven, felt and coated textile garments declined markedly to X units in 2021, which is down by -37.7% against the year before. Overall, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 189%. As a result, imports reached the peak of X units, and then contracted significantly in the following year.

In value terms, imports of non-woven, felt and coated textile garments fell notably to $X in 2021. Over the period under review, imports, however, showed a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 133%. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2021, the United States (X units) was the main importer of non-woven, felt and coated textile garments, constituting 39% of total imports. It was distantly followed by Germany (X units) and France (X units), together mixing up an 11% share of total imports. The following importers - Spain (X units), the UK (X units), Italy (X units), the Netherlands (X units), Belgium (X units), Japan (X units), Canada (X units), Poland (X units) and Denmark (X units) - together made up 25% of total imports.

Imports into the United States increased at an average annual rate of +12.1% from 2012 to 2021. At the same time, Poland (+24.0%), Spain (+13.4%), Italy (+13.2%), Denmark (+12.1%), Canada (+11.6%), Belgium (+10.6%), the Netherlands (+8.1%), Germany (+7.6%), France (+6.6%), the UK (+4.4%) and Japan (+2.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +24.0% from 2012-2021. From 2012 to 2021, the share of the United States increased by +10 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported non-woven, felt and coated textile garments worldwide, comprising 21% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.1% share of global imports. It was followed by France, with a 6.5% share.

In the United States, imports of non-woven, felt and coated textile garments increased at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+5.1% per year) and France (+5.4% per year).

Import Prices by Country

In 2021, the average import price for non-woven, felt and coated textile garments amounted to $X per unit, with a decrease of -8.9% against the previous year. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2018 an increase of 15%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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