Booming trade of curtains, dominated by China

19 Feb '20

2 min read

Pic: Shutterstock

In recent years, the global trade of curtains has been rising with high growth rate. Total trade grew 10.14 per cent from 2016 to 2018, according to data from TexPro. The global trade of curtains was $8,146.26 million in 2016, which increased to $8,972.63 million in 2018. The total trade of curtains has risen by 5.29 per cent in 2018 over the previous year.

Further it is anticipated that the total trade will reach $10,372.09 million in 2021 with a CAGR of 4.95 per cent from 2018, according to Fibre2Fashion's market analysis tool TexPro.

The global export of curtains was $4,264.60 million in 2016, which increased by 10.38 per cent to $4,707.27 million in 2018. Total exports moved up by 4.31 per cent in 2018 over the previous year and is expected to reach $5,458.92 million in 2021 with a CAGR of 5.06 per cent from 2018.

The global import value of curtains was $3,881.67 million in 2016, which increased by 9.88 per cent to $4,265.36 million in 2018. Total imports surged by 6.39 per cent in 2018 over the previous year and is expected to reach $4,913.18 million in 2021 with a CAGR of 4.83 per cent from 2018.

China ($2,440.47 million), Mexico ($389.45 million) and Germany ($284.10 million) were the key exporters of curtains across the globe in 2018, together comprising 66.15 per cent of total export. These were followed by Poland ($201.71 million), US ($135.46 million) and India ($124.15 million).

From 2013 to 2018, the most notable rate of growth in terms of export value, amongst the main exporting countries, was attained by Mexico (113.36 per cent) and China (5.71 per cent).

US ($1,390.19 million), Germany ($484.80 million), Japan ($231.59 million) and France ($228.00 million) were the key importers of curtains across the globe in 2018, together comprising 54.73 per cent of total import. These were followed by UK ($217.63 million), Netherlands ($183.46 million), Canada ($139.16 million) and Australia ($91.83 million).

From 2013 to 2018, the most notable rate of growth in terms of export volume, amongst the main importing countries, was attained by the US (22.62 per cent) and Germany (7.86 per cent).

Fibre2Fashion News Desk (JL)

More Textiles News - Global...