EU: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in the EU

The EU quilted textile products market skyrocketed to $X in 2021, increasing by 16% against the previous year. Over the period under review, consumption saw prominent growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Quilted Textile Products Production in the EU

In value terms, quilted textile products production expanded to $X in 2021 estimated in export price. Over the period under review, production saw a strong increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 105%. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the immediate term.

Quilted Textile Products Exports

Exports in the EU

In 2021, the amount of quilted textile products in the piece (excluding embroidery) exported in the European Union was estimated at X tons, increasing by 2.6% compared with 2020. The total export volume increased at an average annual rate of +2.6% from 2020 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products exports rose notably to $X in 2021. The total export value increased at an average annual rate of +10.3% from 2020 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Italy (X tons), the Netherlands (X tons), Slovakia (X tons), Poland (X tons), Bulgaria (X tons) and Spain (X tons) represented roughly 79% of total exports in 2021. It was distantly followed by Germany (X tons), achieving a 5.2% share of total exports.

From 2020 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +10.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest quilted textile products supplier in the European Union, comprising 26% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Slovakia, with a 9.7% share.

In Italy, quilted textile products exports increased at an average annual rate of +32.3% over the period from 2020-2021. In the other countries, the average annual rates were as follows: Poland (-16.1% per year) and Slovakia (-14.5% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, picking up by 7.6% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +7.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.8%), while the other leaders experienced more modest paces of growth.

Quilted Textile Products Imports

Imports in the EU

In 2021, imports of quilted textile products in the piece (excluding embroidery) in the European Union skyrocketed to X tons, rising by 39% against the previous year's figure. Total imports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +39.3% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products imports surged to $X in 2021. Total imports indicated a significant increase from 2020 to 2021: its value increased at an average annual rate of +42.9% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of quilted textile products imports in 2021 were Spain (X tons), Croatia (X tons), Slovakia (X tons), Poland (X tons), Italy (X tons), France (X tons), Bulgaria (X tons), Germany (X tons), Romania (X tons), Hungary (X tons), the Czech Republic (X tons) and Belgium (X tons), together reaching 90% of total import.

From 2020 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +178.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of imports in 2021, together accounting for 38% of total imports.

Italy, with a CAGR of +201.5%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, picking up by 2.6% against the previous year. Over the last one years, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+114.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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