Germany: Textile Wadding Market 2024

Textile Wadding Market Size in Germany

In 2022, after two years of decline, there was significant growth in the German textile wadding market, when its value increased by 9.5% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Textile wadding consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Textile Wadding Production in Germany

In value terms, textile wadding production soared to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible setback. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Textile Wadding Exports

Exports from Germany

Textile wadding exports from Germany stood at X tons in 2022, picking up by 13% against the previous year. In general, exports, however, saw a mild slump. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, textile wadding exports expanded sharply to $X in 2022. Over the period under review, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Austria (X tons) and Poland (X tons) were the main destinations of textile wadding exports from Germany, together accounting for 36% of total exports. The Netherlands, the UK, the Czech Republic, Italy, Hungary, Romania, Spain, the United States, Slovakia and Switzerland lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Poland ($X) appeared to be the largest markets for textile wadding exported from Germany worldwide, together comprising 32% of total exports. Italy, the Netherlands, the Czech Republic, the UK, Hungary, Switzerland, Spain, Romania, Slovakia and the United States lagged somewhat behind, together comprising a further 47%.

Romania, with a CAGR of +20.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile wadding export price stood at $X per ton in 2022, shrinking by -4.5% against the previous year. In general, the export price showed a slight decrease. The growth pace was the most rapid in 2021 an increase of 14%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States ($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 Italy (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports

Imports into Germany

In 2022, overseas purchases of wadding of textile materials and articles thereof were finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 20% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, textile wadding imports stood at $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 12%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of textile wadding to Germany, with a 34% share of total imports. Moreover, textile wadding imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. The UK (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+14.7% per year) and the UK (+8.9% per year).

In value terms, the largest textile wadding suppliers to Germany were Turkey ($X), the Netherlands ($X) and France ($X), with a combined 46% share of total imports. The UK, Bulgaria, China, Japan, Switzerland, Hungary, Lithuania, Poland, Estonia and Romania lagged somewhat behind, together comprising a further 47%.

Among the main suppliers, Estonia, with a CAGR of +34.2%, 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

The average textile wadding import price stood at $X per ton in 2022, which is down by -4.8% against the previous year. In general, the import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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