EU: Coarse Animal Hair Market 2024

Coarse Animal Hair Market Size in the EU

The EU coarse animal hair market soared to $X in 2022, with an increase of 115% against the previous year. In general, consumption recorded a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Coarse Animal Hair Production in the EU

In value terms, coarse animal hair production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 114% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Coarse Animal Hair Exports

Exports in the EU

In 2022, approx. X tons of coarse animal hair were exported in the European Union; declining by -81.3% on 2021 figures. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 90%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, coarse animal hair exports dropped notably to $X in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) and Belgium (X tons) prevails in exports structure, together achieving 89% of total exports. It was distantly followed by the Netherlands (X tons), comprising a 7.4% share of total exports. Italy (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +27.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest coarse animal hair supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising 96% of total exports. Italy lagged somewhat behind, comprising a further 1.3%.

Among the main exporting countries, Italy, with a CAGR of +5.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by 49% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.9%), while the other leaders experienced mixed trends in the export price figures.

Coarse Animal Hair Imports

Imports in the EU

In 2022, the amount of coarse animal hair imported in the European Union declined to X tons, with a decrease of -12.1% compared with 2021. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 40%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coarse animal hair imports contracted to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 20%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany was the major importer of coarse animal hair in the European Union, with the volume of imports amounting to X tons, which was near 79% of total imports in 2022. It was distantly followed by Ireland (X tons), making up a 12% share of total imports. Italy (X tons) and the Netherlands (X tons) took a relatively small share of total imports.

Germany was also the fastest-growing in terms of the coarse animal hair imports, with a CAGR of -5.9% from 2012 to 2022. Ireland (-7.5%), Italy (-9.7%) and the Netherlands (-28.0%) illustrated a downward trend over the same period. While the share of Germany (+32 p.p.) and Ireland (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-12.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported coarse animal hair in the European Union, comprising 79% of total imports. The second position in the ranking was held by Ireland ($X), with a 10% share of total imports. It was followed by the Netherlands, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Ireland (-6.7% per year) and the Netherlands (-23.9% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, growing by 4% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coarse animal hair import price increased by +88.9% against 2014 indices. The growth pace was the most rapid in 2019 an increase of 24% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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