Global trade of nonwovens of manmade filaments down
June 30, 2020 - Global
The
global trade of nonwovens (whether or not impregnated, coated, covered or laminated) of manmade filaments has shown a slight decline in 2019. Total trade decreased 1.09 per cent from $22,045.04 million in 2017 to $21,804.56 million in 2019, according to data from TexPro. The total trade fell 8.21 per cent in 2019 over the previous year.
The global export of nonwovens of manmade filaments was $11,472.23 million in 2017, which dropped 0.16 per cent to $11,453.93 million in 2019. Total exports weakened 7.40 per cent in 2019 over the previous year and is expected to come down to $11,426.53 million in 2022 with a rate of 0.24 per cent from 2019.
The global import value of nonwovens of
manmade filaments was $10,572.81 million in 2017, which decreased 2.10 per cent to $10,350.63 million in 2019. Total imports slipped 9.09 per cent in 2019 over the previous year and is expected to drop to $10,026.09 million in 2022 with a rate of 3.14 per cent from 2019.
Italy ($1,848.04 million), US ($1,412.16 million), Germany ($1,304.75 million) and China ($1,257.71 million) were the key exporters of nonwovens of manmade filaments across the globe in 2019, together comprising 50.84 per cent of total export. These were followed by Turkey ($558.09 million), Spain ($413.50 million), and Czech Republic ($354.86 million).
From 2016 to 2019, the most notable rate of growth in terms of export value, amongst the main exporting countries, was attained by China and Germany.
The US ($990.56 million), Germany ($801.63 million), the UK ($605.61 million), Poland ($581.96 million) and Italy ($520.03 million) were the key importers of nonwovens of manmade filaments across the globe in 2019, together comprising 33.81 per cent of total import. These were followed by Japan ($499.92 million), China ($490.71 million) and Canada ($370.20 million).
From 2016 to 2019, the most notable rate of growth in terms of export value, amongst the main importing countries, was attained by the US and Germany.