EU: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in the EU

In 2022, after two years of decline, there was significant growth in the EU textile industry finishing agents market, when its value increased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Finishing Agents Used In The Textile Industry in the EU

In value terms, textile industry finishing agents production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

Exports of Finishing Agents Used In The Textile Industry

Exports in the EU

In 2022, overseas shipments of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2021, and then shrank in the following year.

In value terms, textile industry finishing agents exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The Czech Republic was the main exporter of finishing agents used in the textile industry in the European Union, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by France (X tons), Germany (X tons), Belgium (X tons), Austria (X tons) and Spain (X tons), together making up a X% share of total exports. Hungary (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents supplying countries in the European Union were Germany ($X), the Czech Republic ($X) and France ($X), together comprising X% of total exports. Belgium, Spain, Austria and Hungary lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Finishing Agents Used In The Textile Industry

Imports in the EU

In 2022, supplies from abroad of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, textile industry finishing agents imports reduced to $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Romania (X tons), France (X tons), Italy (X tons), the Netherlands (X tons), Belgium (X tons) and Hungary (X tons) were the largest importers of finishing agents used in the textile industry, together constituting X% of total imports. The Czech Republic (X tons), Portugal (X tons), Ireland (X tons), Greece (X tons) and Austria (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported finishing agents used in the textile industry in the European Union, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Romania ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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