Overview of the Global Market for Nets of Twine, Cordage, Rope or Textile Materials

Market Size for Nets of Twine, Cordage, Rope or Textile Materials

The global market for nets of twine, cordage, rope or textile materials amounted to $X in 2023, stabilizing at the previous year. Over the period under review, the total consumption indicated a prominent 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, consumption decreased by X% against 2021 indices. Over the period under review, the global market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Nets of Twine, Cordage, Rope or Textile Materials

In value terms, twine, cordage or textile net production rose modestly to $X in 2023 estimated in export price. Overall, the total production indicated a buoyant 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports

In 2023, global twine, cordage or textile net exports dropped to X tons, waning by X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period 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 2017 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, twine, cordage or textile net exports shrank modestly 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Vietnam (X tons) held the second position in the ranking, followed by Japan (X tons). All these countries together held approx. X% share of total exports. Thailand (X tons), India (X tons), Spain (X tons), South Korea (X tons), Greece (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to twine, cordage or textile net exports from China stood at X%. At the same time, Vietnam (X%), India (X%), Japan (X%) and Spain (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Thailand, Greece and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the global exports, while Thailand and South Korea saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest twine, cordage or textile net supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In China, twine, cordage or textile net exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

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

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports

In 2023, the amount of nets of twine, cordage, rope or textile materials imported worldwide fell to X tons, with a decrease of X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Global imports peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, twine, cordage or textile net imports dropped to $X in 2023. The total import 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 growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2022, and then dropped in the following year.

Imports by Country

Japan (X tons) and South Korea (X tons) represented roughly X% of total imports in 2023. Indonesia (X tons), France (X tons), Malaysia (X tons), Russia (X tons), Germany (X tons), Chile (X tons), Norway (X tons), Vietnam (X tons), India (X tons), Italy (X tons) and 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 India (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of global imports. Norway, Germany, Vietnam, Russia, Chile, the Netherlands, Indonesia, Malaysia, Italy and India lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2023, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs 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 Norway ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform