Spain: Textile Flock Market 2024

Textile Flock Market Size in Spain

The Spanish textile flock market contracted to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Textile Flock Production in Spain

In value terms, textile flock production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Textile flock production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Textile Flock Exports

Exports from Spain

In 2022, overseas shipments of textile flock and dust and mill neps increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile flock exports contracted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and Bulgaria (X tons) were the main destinations of textile flock exports from Spain, together accounting for X% of total exports. Italy, the United States, Austria, Turkey, the UK, Estonia, the Czech Republic, Norway, China and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of X,000.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile flock exported from Spain were Germany ($X), France ($X) and Italy ($X), together accounting for X% of total exports. The United States, the UK, the Czech Republic, Turkey, China, Norway, the Netherlands, Austria, Bulgaria and Estonia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Estonia, with a CAGR of X.7%, saw 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 2022, the average textile flock export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bulgaria ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Flock Imports

Imports into Spain

In 2022, the amount of textile flock and dust and mill neps imported into Spain contracted remarkably to X tons, dropping by X% on 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank notably in the following year.

In value terms, textile flock imports reduced sharply to $X in 2022. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of textile flock to Spain, accounting for a X% share of total imports. Moreover, textile flock imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Germany ($X), South Korea ($X) and the Netherlands ($X) appeared to be the largest textile flock suppliers to Spain, together comprising X% of total imports. China, Turkey, Italy and Poland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Italy, with a CAGR of X%, recorded 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

In 2022, the average textile flock import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained 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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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