Czech Republic: Cotton Fabric Market 2024

Cotton Fabric Market Size in the Czech Republic

The Czech cotton fabric market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Cotton Fabric Production in the Czech Republic

In value terms, cotton fabric production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 104%. Cotton fabric production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cotton Fabric Exports

Exports from the Czech Republic

In 2021, shipments abroad of woven fabrics of cotton decreased by -7% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 8% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cotton fabric exports rose rapidly to $X in 2021. Over the period under review, exports saw a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and Poland (X tons) were the main destinations of cotton fabric exports from the Czech Republic, together accounting for 47% of total exports. These countries were followed by Slovakia, Mali, Senegal, France, Ukraine, the Netherlands, the UK, Sweden, Austria and Turkey, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton fabric exported from the Czech Republic were Italy ($X), Germany ($X) and Mali ($X), with a combined 40% share of total exports. These countries were followed by Senegal, France, the Netherlands, Slovakia, the UK, Poland, Ukraine, Austria, Sweden and Turkey, which together accounted for a further 42%.

Among the main countries of destination, Ukraine, with a CAGR of +15.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton fabric export price stood at $X per ton in 2021, with an increase of 18% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Poland ($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 Turkey (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Imports

Imports into the Czech Republic

In 2021, overseas purchases of woven fabrics of cotton were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 9.2% 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, cotton fabric imports surged to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Pakistan (X tons) and Turkey (X tons) were the main suppliers of cotton fabric imports to the Czech Republic, together comprising 69% of total imports. These countries were followed by Uzbekistan, China, Hungary, Slovakia, Moldova, the Netherlands, India and Belgium, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of woven fabrics of cotton to the Czech Republic, comprising 38% of total imports. The second position in the ranking was held by Pakistan ($X), with a 16% share of total imports. It was followed by Turkey, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+2.7% per year) and Turkey (+7.9% per year).

Import Prices by Country

The average cotton fabric import price stood at $X per ton in 2021, with an increase of 17% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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