Germany: 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 Germany

In 2022, the German spindles and spindle flyer market increased by 93% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a noticeable slump. Spindles and spindle flyer consumption peaked 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 Germany

In value terms, spindles and spindle flyer production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports from Germany

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers exported from Germany plummeted to X tons, waning by -16% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 50%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, spindles and spindle flyer exports shrank to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), India (X tons) and Bangladesh (X tons) were the main destinations of spindles and spindle flyer exports from Germany, with a combined 58% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +26.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Bangladesh ($X) appeared to be the largest markets for spindles and spindle flyer exported from Germany worldwide, together accounting for 47% of total exports.

In terms of the main countries of destination, Bangladesh, with a CAGR of +24.9%, 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 average spindles and spindle flyer export price stood at $X per ton in 2022, rising by 13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Germany

In 2022, purchases abroad of spindles and spindle flyers, spinning ring and ring travellers increased by 63% to X tons, rising for the second year in a row after three years of decline. Overall, imports showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 111%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, spindles and spindle flyer imports surged to $X in 2022. In general, imports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of spindles and spindle flyer to Germany, accounting for a 62% share of total imports. Moreover, spindles and spindle flyer imports from China exceeded the figures recorded by the second-largest supplier, Romania (X tons), threefold. India (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+1.4% per year) and India (+3.8% per year).

In value terms, Romania ($X), China ($X) and Switzerland ($X) were the largest spindles and spindle flyer suppliers to Germany, together comprising 86% of total imports. India, Singapore and France lagged somewhat behind, together accounting for a further 8.3%.

In terms of the main suppliers, France, with a CAGR of +51.0%, recorded the highest rates of growth with regard to 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 average spindles and spindle flyer import price stood at $X per ton in 2022, shrinking by -18.2% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Romania ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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