Global Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size

In 2023, the global nonwoven fabric market decreased by X% to $X for the first time since 2017, thus ending a five-year rising trend. In general, the total consumption indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level at $X in 2022, and then declined in the following year.

Nonwoven Fabric Production

In value terms, nonwoven fabric production dropped to $X in 2023 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2022, and then dropped slightly in the following year.

Nonwoven Fabric Exports

Exports

In 2023, overseas shipments of nonwoven fabrics decreased by X% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, total exports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the global exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, nonwoven fabric exports reduced to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of about X tons, which finished at X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by Italy (X%), Turkey (X%) and the United States (X%). The Netherlands (X tons), India (X tons), the Czech Republic (X tons), Taiwan (Chinese) (X tons), France (X tons), Thailand (X tons), Spain (X tons) and Poland (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, India (X%), Poland (X%), Turkey (X%), the Netherlands (X%), Thailand (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Czech Republic, Italy, Spain and Germany experienced a relatively flat trend pattern. By contrast, France (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Turkey (X p.p.) and India (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of France (X p.p.), Italy (X p.p.), Germany (X p.p.) and the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest nonwoven fabric supplying countries worldwide were China ($X), Germany ($X) and the United States ($X), together comprising X% of global exports. Italy, Turkey, the Netherlands, France, Taiwan (Chinese), the Czech Republic, Spain, Poland, India and Thailand lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average nonwoven fabric export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Nonwoven Fabric Imports

Imports

In 2023, purchases abroad of nonwoven fabrics decreased by X% to X tons, falling for the second year in a row after ten years of growth. Overall, total imports indicated a pronounced expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, global imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, nonwoven fabric imports declined markedly to $X in 2023. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

Imports by Country

In 2023, Germany (X tons), Japan (X tons), Poland (X tons), South Korea (X tons), Vietnam (X tons), the United States (X tons), France (X tons), the Czech Republic (X tons), Indonesia (X tons), the UK (X tons), Canada (X tons) and Italy (X tons) was the largest importer of nonwoven fabrics in the world, comprising X% of total import. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest nonwoven fabric importing markets worldwide were Germany ($X), the United States ($X) and Japan ($X), with a combined X% share of global imports. Vietnam, Italy, South Korea, Poland, the UK, Canada, France, the Czech Republic, the Netherlands and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average nonwoven fabric import price stood at $X per ton in 2023, approximately reflecting the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform