United Kingdom: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in the UK

In 2022, the UK market for nets of twine, cordage, rope or textile materials decreased by -12.8% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials in the UK

In value terms, twine, cordage or textile net production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 12%. Twine, cordage or textile net production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from the UK

After two years of decline, shipments abroad of nets of twine, cordage, rope or textile materials increased by 24% to X tons in 2022. In general, exports posted a tangible expansion. The pace of growth was the most pronounced in 2018 with an increase of 48%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a modest expansion. The growth pace was the most rapid in 2013 when exports increased by 39%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for twine, cordage or textile net exports from the UK, with a 40% share of total exports. Moreover, twine, cordage or textile net exports to Ireland exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. India (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland stood at +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+28.4% per year) and India (+33.1% per year).

In value terms, the largest markets for twine, cordage or textile net exported from the UK were Ireland ($X), the United States ($X) and India ($X), with a combined 40% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +29.0%, saw the highest growth rate of 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 export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, waning by -6.8% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, 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 the United States ($X per ton), while the average price for exports to Ireland ($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 United Arab Emirates (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into the UK

In 2022, purchases abroad of nets of twine, cordage, rope or textile materials increased by 0.2% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, twine, cordage or textile net imports declined to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.6% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 37% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

China (X tons), India (X tons) and Spain (X tons) were the main suppliers of twine, cordage or textile net imports to the UK, with a combined 43% share of total imports. Vietnam, Portugal, Greece, Sri Lanka, Lithuania, Mexico, South Korea, France, the Philippines and Germany lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +136.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net suppliers to the UK were China ($X), India ($X) and Lithuania ($X), with a combined 38% share of total imports.

Among the main suppliers, Lithuania, with a CAGR of +114.4%, 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

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, falling by -11.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 15%. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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