Europe: Wadding Market 2025

Wadding Market Size in Europe

The Europe wadding market expanded notably to $X in 2021, picking up by 11% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Wadding Production in Europe

In value terms, wadding production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 10% against the previous year. The level of production peaked in 2021 and is likely to continue growth in years to come.

Wadding Exports

Exports in Europe

In 2021, overseas shipments of wadding decreased by -2% to X tons for the first time since 2016, thus ending a four-year rising trend. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 5.1% against the previous year. The volume of export peaked at X tons in 2020, and then contracted modestly in the following year.

In value terms, wadding exports amounted to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 5.4%. The level of export peaked at $X in 2014; afterwards, it flattened through to 2021.

Exports by Country

The shipments of the twelve major exporters of wadding, namely Poland, the Netherlands, Italy, Germany, France, Bulgaria, Hungary, Russia, Ukraine, Lithuania, Spain and Greece, represented more than two-thirds of total export.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +22.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Poland ($X) and Hungary ($X) constituted the countries with the highest levels of exports in 2021, together comprising 29% of total exports. These countries were followed by the Netherlands, France, Ukraine, Germany, Italy, Russia, Bulgaria, Spain and Greece, which together accounted for a further 55%.

Among the main exporting countries, Ukraine, with a CAGR of +26.7%, 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, with an increase of 7.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: 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.

Wadding Imports

Imports in Europe

In 2021, purchases abroad of wadding decreased by -5.2% to X tons for the first time since 2013, thus ending a seven-year rising trend. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 6.8% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, wadding imports dropped to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 8% against the previous year. As a result, imports attained the peak of $X, and then fell modestly in the following year.

Imports by Country

France (X tons) and Russia (X tons) represented the major importers of wadding in 2021, recording approx. 16% and 16% of total imports, respectively. It was distantly followed by the UK (X tons) and Germany (X tons), together creating a 15% share of total imports. Poland (X tons), Spain (X tons), the Netherlands (X tons), Romania (X tons), Ukraine (X tons), Belarus (X tons), Switzerland (X tons), Italy (X tons) and Serbia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Serbia (with a CAGR of +10.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Russia ($X) and the UK ($X) were the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. Germany, Poland, the Netherlands, Switzerland, Ukraine, Romania, Italy, Spain, Belarus and Serbia lagged somewhat behind, together comprising a further 42%.

Among the main importing countries, Serbia, with a CAGR of +12.6%, saw 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

In 2021, the import price in Europe amounted to $X per ton, with an increase of 2.2% against the previous year. Overall, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 an increase of 3.4% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform