Woolen Fabric Market Overview in China
In value terms, woolen fabric production reduced to $ in 2019 estimated in export prices. Overall, production continues to indicate a slight reduction. The pace of growth was the most pronounced in 2011 with an increase of % y-o-y. Woolen fabric production peaked at $ in 2008; however, from 2009 to 2019, production remained at a lower figure.
The revenue of the woolen fabric market in China dropped to $ in 2019, which is down 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). Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Woolen fabric consumption peaked at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.