Europe: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2025

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Europe

The Europe spindles and spindle flyer market dropped to $X in 2022, falling by -6% against the previous year. In general, consumption recorded a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Europe

In value terms, spindles and spindle flyer production rose sharply to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 32%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports in Europe

In 2022, shipments abroad of spindles and spindle flyers, spinning ring and ring travellers increased by 9.3% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, spindles and spindle flyer exports rose significantly to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Czech Republic (X tons) represented the major exporter of spindles and spindle flyers, spinning ring and ring travellers, mixing up 59% of total exports. Germany (X tons) took an 18% share (based on physical terms) of total exports, which put it in second place, followed by Switzerland (8.2%) and Italy (6.7%). The following exporters - France (X tons) and Romania (X tons) - together made up 5.3% of total exports.

The Czech Republic was also the fastest-growing in terms of the spindles and spindle flyers, spinning ring and ring travellers exports, with a CAGR of +6.8% from 2012 to 2022. At the same time, Italy (+3.4%), Switzerland (+2.9%) and Romania (+2.4%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, France (-1.6%) illustrated a downward trend over the same period. While the share of the Czech Republic (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-2.6 p.p.) and Germany (-8.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Switzerland ($X) and Germany ($X) were the countries with the highest levels of exports in 2022, together accounting for 79% of total exports.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +5.9%, saw 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 2022, with an increase of 2.8% against the previous year. In general, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in 2018 an increase of 11% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Switzerland ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+0.6%), while the other leaders experienced a decline in the export price figures.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports in Europe

Spindles and spindle flyer imports expanded markedly to X tons in 2022, surging by 11% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, spindles and spindle flyer imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a mild downturn. The growth pace was the most rapid in 2021 with an increase of 59%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) represented the main importer of spindles and spindle flyers, spinning ring and ring travellers, generating 32% of total imports. Switzerland (X tons) held the second position in the ranking, followed by Italy (X tons), the Czech Republic (X tons), Spain (X tons), Romania (X tons) and France (X tons). All these countries together took approx. 56% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to spindles and spindle flyer imports into Germany stood at +5.9%. At the same time, Spain (+9.1%), Romania (+4.1%) and the Czech Republic (+4.1%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of +9.1% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, France (-1.8%) and Switzerland (-10.2%) illustrated a downward trend over the same period. Germany (+14 p.p.), Spain (+5 p.p.), the Czech Republic (+3.1 p.p.) and Romania (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Switzerland saw its share reduced by -27.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Switzerland ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 64% share of total imports. Romania, Italy, Spain and the Czech Republic lagged somewhat behind, together comprising a further 24%.

In terms of the main importing countries, Spain, with a CAGR of +7.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, rising by 6.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 40%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform