Italy - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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Italy - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Jul 17, 2023

Woolen Fabric Price in Italy Reaches New High of $31.1 per Square Meter

Italy Woolen Fabric Export Price in April 2023

In April 2023, the woolen fabric price stood at $31.1 per square meter (FOB, Italy), with an increase of 19% against the previous month. Over the period from April 2022 to April 2023, it increased at an average monthly rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was France ($60.5 per square meter), while the average price for exports to Canada ($23.3 per square meter) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Woolen Fabric in Italy (USD per square meter)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
France54.256.354.552.950.052.145.247.536.544.544.848.160.5
South Korea31.732.849.649.173.730.926.925.823.438.435.535.842.6
Romania25.437.136.430.738.526.221.319.819.728.223.433.637.0
Bulgaria39.233.733.730.324.615.715.318.019.020.523.739.534.9
Vietnam26.425.727.624.618.317.316.526.914.727.724.430.329.9
Germany23.021.120.616.419.315.316.416.017.020.822.726.929.0
Japan24.621.121.726.326.523.817.920.721.829.724.924.227.4
Portugal22.122.323.328.823.618.917.816.116.820.320.821.127.0
Poland21.621.717.621.533.219.521.416.617.520.218.521.826.7
Turkey22.821.121.021.027.014.716.316.218.316.318.121.224.8
China20.222.320.220.518.417.417.618.321.118.421.920.024.1
Hong Kong23.820.224.124.225.417.717.518.123.921.524.430.723.9
Canada26.522.627.520.228.122.519.623.724.923.522.124.623.3
Average25.427.625.925.928.122.722.522.321.222.823.826.331.1

Italy Woolen Fabric Export Prices by Type

As there is only one major exported type of woolen fabric, the average price level is determined by prices for woven fabrics of combed wool or of combed fine animal hair.

From April 2022 to April 2023, the rate of growth in terms of prices for woven fabrics of combed wool or of combed fine animal hair amounted to +1.9% per month.

Italy Woolen Fabric Exports

After two months of growth, shipments abroad of woven woolen fabrics decreased by -17.1% to 4.1M square meters in April 2023. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when exports increased by 29% m-o-m. Over the period under review, the exports hit record highs at 5.3M square meters in July 2022; however, from August 2022 to April 2023, the exports remained at a lower figure.

In value terms, woolen fabric exports contracted to $127M (IndexBox estimates) in April 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 42% m-o-m. Over the period under review, the exports hit record highs at 147M square meters in May 2022; however, from June 2022 to April 2023, the exports remained at a lower figure.

Italy Woolen Fabric Exports by Type

Woven fabrics of combed wool or of combed fine animal hair (4.1M square meters) was the largest type of woolen fabric exported from Italy, accounting for a approximately 100% share of total exports.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of export of woven fabrics of combed wool or of combed fine animal hair was relatively modest.

In value terms, the most traded types of woven woolen fabrics in Italy were woven fabrics of combed wool or of combed fine animal hair ($80M) and woven fabrics of carded wool or of carded fine animal hair ($47M).

Woven fabrics of combed wool or of combed fine animal hair, with a CAGR of +1.1%, recorded the highest growth rate of the value of exports, among the main product categories over the period under review.

Italy Woolen Fabric Exports by Country

China (643K square meters), Romania (358K square meters) and Turkey (358K square meters) were the main destinations of woolen fabric exports from Italy, with a combined 33% share of total exports. Germany, Japan, Hong Kong, South Korea, Portugal, France, Canada, Bulgaria, Poland and Vietnam lagged somewhat behind, together accounting for a further 43%.

From April 2022 to April 2023, the biggest increases were in Bulgaria (with a CAGR of +2.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($15M), Romania ($13M) and France ($9.9M) appeared to be the largest markets for woolen fabric exported from Italy worldwide, together comprising 30% of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +2.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen fabric market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
  • Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Woven Woolen Fabrics - Italy