Spain: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Spain

In 2021, the Spanish pile and chenille fabric market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a slight contraction. Pile and chenille fabric consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Spain

In value terms, pile and chenille fabric production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of 9.7% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Spain

In 2021, shipments abroad of woven pile fabrics and chenille fabrics increased by 16% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports continue to indicate slight growth. The pace of growth appeared the most rapid in 2014 when exports increased by 24%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports skyrocketed to $X in 2021. Overall, exports, however, recorded a perceptible descent. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Morocco (X tons), Poland (X tons) and the UK (X tons) were the main destinations of pile and chenille fabric exports from Spain, together comprising 42% of total exports. Portugal, Italy, France, Germany, Lithuania, the Czech Republic, Turkey, Japan, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +18.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pile and chenille fabric exported from Spain were Morocco ($X), Poland ($X) and the UK ($X), together accounting for 38% of total exports. These countries were followed by France, Portugal, Italy, Germany, Lithuania, Japan, Turkey, the Czech Republic, Belgium and the Netherlands, which together accounted for a further 40%.

Japan, with a CAGR of +9.4%, saw the highest growth rate of the value of exports, in terms of 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 pile and chenille fabric export price stood at $X per ton in 2021, with an increase of 11% against the previous year. In general, the export price, however, showed a noticeable slump. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Morocco ($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 the Netherlands (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Spain

In 2021, after two years of decline, there was significant growth in overseas purchases of woven pile fabrics and chenille fabrics, when their volume increased by 19% to X tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 70% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pile and chenille fabric imports soared to $X in 2021. In general, imports, however, recorded a slight downturn. The growth pace was the most rapid in 2018 with an increase of 56% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest pile and chenille fabric supplier to Spain, with a 61% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was taken by Portugal (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.9% per year) and Portugal (+12.6% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Spain, comprising 54% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports. It was followed by Belgium, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.6% per year) and Belgium (-4.8% per year).

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, rising by 6.4% against the previous year. Over the period under review, the import price, however, saw a perceptible contraction. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat 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 Belgium ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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