EU: Cotton Terry Towelling Market 2020

Cotton Terry Towelling Market Size in the EU

The revenue of the cotton terry towelling market in the European Union amounted to $X in 2017, coming up by X% against the previous year. The cotton terry towelling consumption continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. The level of cotton terry towelling consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Production in the EU

In 2017, approx. X square meters of terry towelling of cotton were produced in the European Union; surging by X% against the previous year. The cotton terry towelling production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. The volume of cotton terry towelling production peaked of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Exports in the EU

In 2017, exports of terry towelling of cotton in the European Union amounted to X square meters, waning by -X% against the previous year. The cotton terry towelling exports continue to indicate a deep decline. The pace of growth appeared the most rapid in 2009, when exports increased by -X% year-to-year. Over the period under review, the cotton terry towelling exports reached its peak figure volume of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, cotton terry towelling exports amounted to $X in 2017. The cotton terry towelling exports continue to indicate a drastic shrinkage. Over the period under review, the cotton terry towelling exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Cotton Terry Towelling Exports by Country in the EU

Germany represented the largest exporting country with an export of around X square meters, which reached X% of total exports. Portugal (X square meters) took the second position in the ranking, distantly followed by Austria (X square meters). All these countries together took near X% share of total exports. France (X square meters), Italy (X square meters), the UK (X square meters) and Latvia (X square meters) held the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to cotton terry towelling exports from Germany stood at -X%. At the same time, Portugal (+X%) and Latvia (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. The UK experienced a relatively flat trend pattern. By contrast, Italy (-X%), France (-X%) and Austria (-X%) illustrated a downward trend over the same period. Austria (X%), Germany (X%), France (X%) and Italy (X%) significantly strengthened its position in terms of the global exports, while Portugal saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cotton terry towelling supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Austria ($X), with a X% share of global exports. It was followed by Portugal, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany stood at -X%. In the other countries, the average annual rates were as follows: Austria (-X% per year) and Portugal (+X% per year).

Cotton Terry Towelling Export Prices by Country in the EU

In 2017, the cotton terry towelling export price in the European Union amounted to $X per square meter, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Austria ($X per square meter), while Portugal ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

Cotton Terry Towelling Imports in the EU

The imports totaled X square meters in 2017, rising by X% against the previous year. The cotton terry towelling imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. In that year, the cotton terry towelling imports reached their peak volume of X square meters. From 2011 to 2017, growth of the cotton terry towelling imports stood at a somewhat lower level.

In value terms, cotton terry towelling imports stood at $X in 2017. The cotton terry towelling imports continue to indicate a temperate reduction. Over the period under review, the cotton terry towelling imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Cotton Terry Towelling Imports by Country in the EU

Hungary was the main importing country with an import of around X square meters, which finished at X% of total imports. Spain (X square meters) occupied the second position in the ranking, distantly followed by the Czech Republic (X square meters), the UK (X square meters) and the Netherlands (X square meters). All these countries together held near X% share of total imports. The following importers - Belgium (X square meters), Germany (X square meters), France (X square meters), Poland (X square meters) and Sweden (X square meters) together made up X% of total imports.

Imports into Hungary increased at an average annual rate of +X% from 2007 to 2017. At the same time, Spain (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. By contrast, France (-X%), Sweden (-X%), Poland (-X%), Germany (-X%), Belgium (-X%), the UK (-X%), the Czech Republic (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Czech Republic, the Netherlands, the UK, Belgium and Germany increased by X%, X%, X%, X% and X% percentage points, while Spain (-X%) and Hungary (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) constitutes the largest market for imported terry towelling of cotton in the European Union, making up X% of global imports. The second position in the ranking was occupied by Spain ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Hungary totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Czech Republic (-X% per year).

Cotton Terry Towelling Import Prices by Country in the EU

In 2017, the cotton terry towelling import price in the European Union amounted to $X per thousand square meters, coming up by X% against the previous year. The cotton terry towelling import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for terry towelling of cotton attained their peak level of $X per thousand square meters. From 2012 to 2017, growth of the import prices for terry towelling of cotton stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Poland ($X per square meter), while the Netherlands ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform