Global Net Fabric Market 2024

Net Fabric Market Size

The global net fabric market fell slightly to $X in 2023, flattening at the previous year. Over the period under review, consumption posted resilient growth. Over the period under review, the global market hit record highs at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Net Fabric Production

In value terms, net fabric production contracted to $X in 2023 estimated in export price. Overall, production, however, saw prominent growth. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Net Fabric Exports

Exports

In 2023, after two years of growth, there was significant decline in shipments abroad of tulles and other net fabrics, when their volume decreased by X% to X tons. 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 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the global exports failed to regain momentum.

In value terms, net fabric exports fell 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 2014 with an increase of X%. Over the period under review, the global exports hit record highs at $X in 2022, and then fell in the following year.

Exports by Country

China represented the largest exporter of tulles and other net fabrics in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2023. Taiwan (Chinese) (X tons) took the second position in the ranking, followed by Turkey (X tons). All these countries together took near X% share of total exports. The following exporters - South Korea (X tons) and Belarus (X tons) - together made up X% of total exports.

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

In value terms, China ($X) remains the largest net fabric supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In China, net fabric 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: Taiwan (Chinese) (X% per year) and Turkey (X% per year).

Export Prices by Country

The average net fabric export price stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Belarus ($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.

Net Fabric Imports

Imports

In 2023, supplies from abroad of tulles and other net fabrics decreased by less than X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, total imports indicated a slight 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, net fabric imports dropped to $X in 2023. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Global imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Vietnam (X tons), distantly followed by Pakistan (X tons), Indonesia (X tons) and Uzbekistan (X tons) were the key importers of tulles and other net fabrics, together committing X% of total imports. Bangladesh (X tons), Myanmar (X tons), Sri Lanka (X tons), Russia (X tons), Ukraine (X tons), China (X tons), Belarus (X tons) and Brazil (X tons) held a relatively small share of total imports.

Imports into Vietnam increased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%), Uzbekistan (X%), Myanmar (X%), Belarus (X%), Sri Lanka (X%), Bangladesh (X%), Brazil (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, Russia (X%), Ukraine (X%) and China (X%) illustrated a downward trend over the same period. Pakistan (X p.p.), Vietnam (X p.p.), Uzbekistan (X p.p.), Myanmar (X p.p.), Bangladesh (X p.p.), Sri Lanka (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the global imports, while Ukraine and China 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, Vietnam ($X) constitutes the largest market for imported tulles and other net fabrics worldwide, comprising X% of global imports. The second position in the ranking was taken by Indonesia ($X), with an X% share of global imports. It was followed by China, with a X% share.

In Vietnam, net fabric imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and China (X% per year).

Import Prices by Country

The average net fabric import price stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a 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 China ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform