France: Woolen Fabric Market 2022

Woolen Fabric Market Size in France

The French woolen fabric market skyrocketed to $X in 2021, with an increase of 23% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.8% 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 -2.5% against 2019 indices. Woolen fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Woolen Fabric Production in France

In value terms, woolen fabric production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 8.8%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Woolen Fabric Exports

Exports from France

In 2021, exports of woven woolen fabrics from France expanded slightly to X square meters, surging by 3.2% compared with the year before. Overall, exports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2019 when exports increased by 11% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, woolen fabric exports surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X square meters), Italy (X square meters) and Morocco (X square meters) were the main destinations of woolen fabric exports from France, with a combined 42% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +18.1%), while the other leaders experienced more modest paces of growth.

In value terms, Madagascar ($X) remains the key foreign market for woolen fabric exports from France, comprising 35% of total exports. The second position in the ranking was held by Ukraine ($X), with a 13% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Madagascar stood at -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+13.2% per year) and Italy (+6.8% per year).

Export Prices by Country

In 2021, the average woolen fabric export price amounted to $X per square meter, jumping by 32% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Madagascar ($X per square meter), while the average price for exports to Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.7%), while the prices for the other major destinations experienced a decline.

Woolen Fabric Imports

Imports into France

For the fourth consecutive year, France recorded growth in purchases abroad of woven woolen fabrics, which increased by 8.1% to X square meters in 2021. The total import volume increased at an average annual rate of +2.8% 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 2018 when imports increased by 19% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, woolen fabric imports surged to $X in 2021. Overall, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X square meters) constituted the largest supplier of woolen fabric to France, accounting for a 86% share of total imports. It was followed by the UK (X square meters), with a 2.3% share of total imports. The third position in this ranking was held by Portugal (X square meters), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+4.5% per year) and Portugal (+0.4% per year).

In value terms, Italy ($X) constituted the largest supplier of woolen fabric to France, comprising 80% of total imports. The second position in the ranking was held by the UK ($X), with a 5.7% share of total imports. It was followed by Portugal, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.4% per year) and Portugal (-1.5% per year).

Import Prices by Country

In 2021, the average woolen fabric import price amounted to $X per square meter, with an increase of 12% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. Over the period under review, average import prices attained the maximum at $X per square meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per square meter), while the price for Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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