EU: Textile Wadding Market 2022

Textile Wadding Market Size in the EU

In 2021, the EU textile wadding market was finally on the rise to reach $X after two years of decline. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.1% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Textile Wadding Production in the EU

In value terms, textile wadding production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 14% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Textile Wadding Exports

Exports in the EU

In 2021, overseas shipments of wadding of textile materials and articles thereof decreased by -0.4% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 6.7% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, textile wadding exports rose rapidly to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Germany (X tons), the Netherlands (X tons), Poland (X tons), France (X tons), Bulgaria (X tons), Italy (X tons), Hungary (X tons), Lithuania (X tons), Spain (X tons), Greece (X tons), Belgium (X tons) and Estonia (X tons) represented the key exporter of wadding of textile materials and articles thereof in the European Union, comprising 91% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Estonia (with a CAGR of +42.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest textile wadding supplying countries in the European Union were the Netherlands ($X), Lithuania ($X) and Germany ($X), together accounting for 38% of total exports. Poland, France, Hungary, Italy, Bulgaria, Spain, Greece, Belgium and Estonia lagged somewhat behind, together comprising a further 51%.

Among the main exporting countries, Estonia, with a CAGR of +45.0%, saw 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

In 2021, the export price in the European Union amounted to $X per ton, picking up by 7.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+8.4%), while the other leaders experienced more modest paces of growth.

Textile Wadding Imports

Imports in the EU

In 2021, purchases abroad of wadding of textile materials and articles thereof decreased by -3.2% to X tons for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 12%. The volume of import peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, textile wadding imports amounted to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 5% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons), distantly followed by Germany (X tons), Spain (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), Romania (X tons) and the Czech Republic (X tons) represented the key importers of wadding of textile materials and articles thereof, together comprising 71% of total imports. Belgium (X tons), Austria (X tons), Greece (X tons), Bulgaria (X tons) and Lithuania (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +7.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wadding importing markets in the European Union were France ($X), Germany ($X) and Poland ($X), with a combined 42% share of total imports. The Netherlands, Italy, Romania, Spain, the Czech Republic, Greece, Austria, Belgium, Lithuania and Bulgaria lagged somewhat behind, together accounting for a further 44%.

Romania, with a CAGR of +9.0%, saw the highest growth rate of the value of imports, in terms of 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 7.1% against the previous year. In general, the import price, however, recorded a mild slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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