United Kingdom: Technical Textiles Market 2024

Technical Textiles Market Size in the UK

The UK technical textiles market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption enjoyed a buoyant expansion. Technical textiles consumption peaked in 2021 and is likely to continue growth in years to come.

Technical Textiles Production in the UK

In value terms, technical textiles production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Technical Textiles Exports

Exports from the UK

Technical textiles exports from the UK plummeted to X tons in 2021, reducing by -32.4% compared with 2020. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, technical textiles exports shrank significantly to $X in 2021. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 15%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Australia (X tons) were the main destinations of technical textiles exports from the UK, with a combined 30% share of total exports. Spain, Ireland, the United Arab Emirates, the Netherlands, Canada, China, the Czech Republic, Denmark, Romania and France lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of -3.1%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), the United States ($X) and Ireland ($X) constituted the largest markets for technical textiles exported from the UK worldwide, with a combined 32% share of total exports.

Among the main countries of destination, Ireland, with a CAGR of +3.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average technical textiles export price amounted to $X per ton, increasing by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2014 an increase of 33%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Technical Textiles Imports

Imports into the UK

In 2021, supplies from abroad of textile products and articles for technical uses was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 9.9% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, technical textiles imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 8.3%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Germany (X tons) were the main suppliers of technical textiles imports to the UK, with a combined 56% share of total imports. Belgium, France, Italy, Turkey, the United States, Austria, Sweden and the Netherlands lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +21.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of textile products and articles for technical uses to the UK, comprising 30% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 8.8% share of total imports. It was followed by China, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+7.9% per year) and China (+11.0% per year).

Import Prices by Country

The average technical textiles import price stood at $X per ton in 2021, with an increase of 5.7% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, technical textiles import price increased by +70.7% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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