Europe: Metallised Yarn Market 2024

Metallised Yarn Market Size in Europe

In 2021, the Europe metallised yarn market increased by 22% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption enjoyed a perceptible expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metallised Yarn Production in Europe

In value terms, metallised yarn production soared to $X in 2021 estimated in export price. Overall, production posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 84% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Metallised Yarn Exports

Exports in Europe

In 2021, approx. X tons of metallised yarn and strip were exported in Europe; growing by 8.2% on the year before. Overall, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, metallised yarn exports rose rapidly to $X in 2021. Over the period under review, exports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 20%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Lithuania (X tons), Belgium (X tons) and France (X tons) represented roughly 60% of total exports in 2021. It was distantly followed by the UK (X tons), Germany (X tons), Portugal (X tons) and Italy (X tons), together mixing up a 30% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of +68.6%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) were the countries with the highest levels of exports in 2021, with a combined 71% share of total exports. The UK, Italy, Lithuania and Portugal lagged somewhat behind, together accounting for a further 22%.

Among the main exporting countries, Lithuania, with a CAGR of +35.4%, recorded the highest growth rate of 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

The export price in Europe stood at $X per ton in 2021, rising by 4.3% against the previous year. Export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metallised yarn export price decreased by -8.7% against 2016 indices. The growth pace was the most rapid in 2015 when the export price increased by 32%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the other leaders experienced more modest paces of growth.

Metallised Yarn Imports

Imports in Europe

In 2021, overseas purchases of metallised yarn and strip were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 33%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, metallised yarn imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons) and Belgium (X tons) represented roughly 38% of total imports in 2021. France (X tons) took the next position in the ranking, followed by Spain (X tons), Russia (X tons), Hungary (X tons) and Poland (X tons). All these countries together held near 40% share of total imports. The following importers - Germany (X tons), the UK (X tons), the Czech Republic (X tons) and Slovenia (X tons) - together made up 10% 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 Hungary (with a CAGR of +31.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metallised yarn importing markets in Europe were Belgium ($X), Italy ($X) and France ($X), together comprising 52% of total imports. Hungary, Germany, Slovenia, Spain, Russia, the UK, Poland and the Czech Republic lagged somewhat behind, together comprising a further 39%.

Hungary, with a CAGR of +30.5%, 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 Europe amounted to $X per ton, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform