United Kingdom: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in the UK

The UK pile and chenille fabric market was finally on the rise to reach $X in 2021, after five years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Pile and chenille fabric consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in the UK

In value terms, pile and chenille fabric production rose rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt descent. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from the UK

In 2021, exports of woven pile fabrics and chenille fabrics from the UK was estimated at X tons, growing by 8.5% on the previous year's figure. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 11% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports reached $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 11% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of pile and chenille fabric exports from the UK, with a combined 49% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +21.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Poland ($X) were the largest markets for pile and chenille fabric exported from the UK worldwide, together accounting for 40% of total exports.

Poland, with a CAGR of +11.5%, 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, dropping by -6.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 4.4% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to South Africa ($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 France (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into the UK

In 2021, overseas purchases of woven pile fabrics and chenille fabrics increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 21%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, pile and chenille fabric imports soared to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of pile and chenille fabric imports to the UK, together comprising 81% of total imports. These countries were followed by Turkey, Spain and India, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +17.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric suppliers to the UK were Belgium ($X), Italy ($X) and China ($X), together accounting for 76% of total imports. Turkey, Spain and India lagged somewhat behind, together accounting for a further 14%.

India, with a CAGR of +12.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2017 an increase of 11%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($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 (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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