Global Woolen Fabric Market
In value terms, woolen fabric production fell to $ in estimated in export price. Overall, production showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Global production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The countries with the highest volumes of production in were China ( square meters), Italy ( square meters) and the UK ( square meters), with a combined % share of global production.
From 2007 to , the biggest increases were in the UK (with a CAGR of +%), while production for the other global leaders experienced mixed trends in the production figures.
The global woolen fabric market size dropped to $ in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a perceptible slump. Over the period under review, the global market hit record highs at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the UK (with a CAGR of +%), while consumption for the other global leaders experienced mixed trends in the consumption figures.
In value terms, China ($) led the market, alone. The second position in the ranking was taken by Italy ($). It was followed by Japan.
From 2007 to , the average annual rate of growth in terms of value in China amounted to -%. The remaining consuming countries recorded the following average annual rates of market growth: Italy (-% per year) and Japan (-% per year).
In , the highest levels of woolen fabric per capita consumption was registered in Italy ( square meters per persons), followed by Spain ( square meters per persons), the UK ( square meters per persons) and South Korea ( square meters per persons), while the world average per capita consumption of woolen fabric was estimated at square meters per persons.
From 2007 to , the average annual growth rate of the woolen fabric per capita consumption in Italy stood at -%. In the other countries, the average annual rates were as follows: Spain (-% per year) and the UK (+% per year).