Germany: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Germany

The German market for nets of twine, cordage, rope or textile materials dropped to $X in 2022, with a decrease of -5.7% against the previous year. The market value increased at an average annual rate of +4.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Twine, cordage or textile net consumption peaked at $X in 2021, and then shrank in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Germany

In value terms, twine, cordage or textile net production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 10% against the previous year. Twine, cordage or textile net production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Germany

After six years of growth, shipments abroad of nets of twine, cordage, rope or textile materials decreased by -11.5% to X tons in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 18% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, twine, cordage or textile net exports reduced to $X in 2022. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 23%. The exports peaked at $X in 2021, and then shrank in the following year.

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Germany

In 2022, supplies from abroad of nets of twine, cordage, rope or textile materials decreased by -11.6% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 23% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, twine, cordage or textile net imports contracted to $X in 2022. Overall, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 25% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of twine, cordage or textile net to Germany, with a 48% share of total imports. Moreover, twine, cordage or textile net imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.2% per year) and Spain (-0.6% per year).

In value terms, China ($X) constituted the largest supplier of nets of twine, cordage, rope or textile materials to Germany, comprising 45% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by the Czech Republic, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.2% per year) and the Czech Republic (+18.3% per year).

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, with a decrease of -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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