Italy - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen 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.
COUNTRY | Export Price of Woolen Fabric in Italy (USD per square meter) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
France | 54.2 | 56.3 | 54.5 | 52.9 | 50.0 | 52.1 | 45.2 | 47.5 | 36.5 | 44.5 | 44.8 | 48.1 | 60.5 |
South Korea | 31.7 | 32.8 | 49.6 | 49.1 | 73.7 | 30.9 | 26.9 | 25.8 | 23.4 | 38.4 | 35.5 | 35.8 | 42.6 |
Romania | 25.4 | 37.1 | 36.4 | 30.7 | 38.5 | 26.2 | 21.3 | 19.8 | 19.7 | 28.2 | 23.4 | 33.6 | 37.0 |
Bulgaria | 39.2 | 33.7 | 33.7 | 30.3 | 24.6 | 15.7 | 15.3 | 18.0 | 19.0 | 20.5 | 23.7 | 39.5 | 34.9 |
Vietnam | 26.4 | 25.7 | 27.6 | 24.6 | 18.3 | 17.3 | 16.5 | 26.9 | 14.7 | 27.7 | 24.4 | 30.3 | 29.9 |
Germany | 23.0 | 21.1 | 20.6 | 16.4 | 19.3 | 15.3 | 16.4 | 16.0 | 17.0 | 20.8 | 22.7 | 26.9 | 29.0 |
Japan | 24.6 | 21.1 | 21.7 | 26.3 | 26.5 | 23.8 | 17.9 | 20.7 | 21.8 | 29.7 | 24.9 | 24.2 | 27.4 |
Portugal | 22.1 | 22.3 | 23.3 | 28.8 | 23.6 | 18.9 | 17.8 | 16.1 | 16.8 | 20.3 | 20.8 | 21.1 | 27.0 |
Poland | 21.6 | 21.7 | 17.6 | 21.5 | 33.2 | 19.5 | 21.4 | 16.6 | 17.5 | 20.2 | 18.5 | 21.8 | 26.7 |
Turkey | 22.8 | 21.1 | 21.0 | 21.0 | 27.0 | 14.7 | 16.3 | 16.2 | 18.3 | 16.3 | 18.1 | 21.2 | 24.8 |
China | 20.2 | 22.3 | 20.2 | 20.5 | 18.4 | 17.4 | 17.6 | 18.3 | 21.1 | 18.4 | 21.9 | 20.0 | 24.1 |
Hong Kong | 23.8 | 20.2 | 24.1 | 24.2 | 25.4 | 17.7 | 17.5 | 18.1 | 23.9 | 21.5 | 24.4 | 30.7 | 23.9 |
Canada | 26.5 | 22.6 | 27.5 | 20.2 | 28.1 | 22.5 | 19.6 | 23.7 | 24.9 | 23.5 | 22.1 | 24.6 | 23.3 |
Average | 25.4 | 27.6 | 25.9 | 25.9 | 28.1 | 22.7 | 22.5 | 22.3 | 21.2 | 22.8 | 23.8 | 26.3 | 31.1 |
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.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023