Spain: Non-Cotton Terry Towelling Market 2025

Non-Cotton Terry Towelling Market Size in Spain

The Spanish non-cotton terry towelling market contracted markedly to $X in 2021, falling by -31.1% against the previous year. In general, consumption, however, continues to indicate a significant expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Non-Cotton Terry Towelling Production in Spain

In value terms, non-cotton terry towelling production stood at $X in 2021 estimated in export price. Overall, production showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with a decrease of 99.9%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Non-Cotton Terry Towelling Exports

Exports from Spain

In 2021, shipments abroad of terry towelling (excluding of cotton) decreased by -40.2% to X square meters, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 201%. Over the period under review, the exports hit record highs at X square meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, non-cotton terry towelling exports fell sharply to $X in 2021. Overall, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by 315%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark (X square meters), France (X square meters) and Portugal (X square meters) were the main destinations of non-cotton terry towelling exports from Spain, together comprising 61% of total exports. Italy, Morocco, Hungary, Germany, Mexico and Canada lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +183.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cotton terry towelling exported from Spain were France ($X), Portugal ($X) and Denmark ($X), together comprising 55% of total exports. Italy, Germany, Hungary, Mexico, Morocco and Canada lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, Hungary, with a CAGR of +102.4%, recorded the highest rates of growth with regard to 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

In 2021, the average non-cotton terry towelling export price amounted to $X per square meter, rising by 41% against the previous year. In general, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Morocco ($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 Turkey (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cotton Terry Towelling Imports

Imports into Spain

In 2021, the amount of terry towelling (excluding of cotton) imported into Spain dropped markedly to X square meters, with a decrease of -82.7% on 2020. Over the period under review, imports showed a mild shrinkage. The growth pace was the most rapid in 2020 when imports increased by 491%. As a result, imports reached the peak of X square meters, and then declined sharply in the following year.

In value terms, non-cotton terry towelling imports declined remarkably to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 502% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X square meters), France (X square meters) and Italy (X square meters) were the main suppliers of non-cotton terry towelling imports to Spain, together accounting for 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +130.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest non-cotton terry towelling suppliers to Spain were China ($X), France ($X) and Italy ($X), together comprising 93% of total imports.

Among the main suppliers, China, with a CAGR of +108.9%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average non-cotton terry towelling import price amounted to $X per square meter, with an increase of 33% against the previous year. Overall, the import price recorded a mild expansion. The growth pace was the most rapid in 2019 when the average import price increased by 236%. As a result, import price attained the peak level of $X per square meter. From 2020 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per square meter), while the price for Pakistan ($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 Slovenia (+313.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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