Netherlands: Wadding Market 2024

Wadding Market Size in the Netherlands

In 2021, after two years of growth, there was significant decline in the Dutch wadding market, when its value decreased by -25.6% to $X. Over the period under review, consumption saw a perceptible contraction. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Wadding Production in the Netherlands

In value terms, wadding production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +17.2% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 32%. As a result, production reached the peak level of $X, and then dropped in the following year.

Wadding Exports

Exports from the Netherlands

In 2021, shipments abroad of wadding increased by 7.9% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when exports increased by 25%. The exports peaked at X tons in 2017; afterwards, it flattened through to 2021.

In value terms, wadding exports reached $X in 2021. The total export value increased at an average annual rate of +2.9% 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 2020 when exports increased by 25%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for wadding exports from the Netherlands, with a 44% share of total exports. Moreover, wadding exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.6% per year) and Germany (+25.5% per year).

In value terms, France ($X) remains the key foreign market for wadding exports from the Netherlands, comprising 38% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.4% share of total exports. It was followed by Italy, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.6% per year) and Italy (+8.0% per year).

Export Prices by Country

The average wadding export price stood at $X per ton in 2021, which is down by -3.2% against the previous year. In general, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 7.1%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wadding Imports

Imports into the Netherlands

For the third year in a row, the Netherlands recorded growth in overseas purchases of wadding, which increased by 23% to X tons in 2021. In general, imports, however, showed a slight setback. The growth pace was the most rapid in 2019 with an increase of 24%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, wadding imports dropped modestly to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), the UK (X tons) and China (X tons) were the main suppliers of wadding imports to the Netherlands, together accounting for 64% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and China ($X) were the largest wadding suppliers to the Netherlands, together accounting for 65% of total imports.

Among the main suppliers, China, with a CAGR of +21.9%, 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 wadding import price stood at $X per ton in 2021, dropping by -18.9% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 15%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform