United Kingdom: Textile Wadding Market 2024

Textile Wadding Market Size in the UK

The UK textile wadding market reduced to $X in 2022, dropping by -11.9% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.

Textile Wadding Production in the UK

In value terms, textile wadding production declined to $X in 2022 estimated in export price. Overall, production recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Textile Wadding Exports

Exports from the UK

In 2022, approx. X tons of wadding of textile materials and articles thereof were exported from the UK; increasing by 18% on 2021. In general, exports showed slight growth. The growth pace was the most rapid in 2018 when exports increased by 33% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, textile wadding exports expanded notably to $X in 2022. Over the period under review, exports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 23%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of textile wadding exports from the UK, together comprising 64% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +36.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile wadding exported from the UK were the Netherlands ($X), Japan ($X) and Germany ($X), with a combined 64% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +34.0%, 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

The average textile wadding export price stood at $X per ton in 2022, falling by -6.3% against the previous year. Overall, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the 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 Russia ($X per ton), while the average price for exports to Poland ($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 States (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports

Imports into the UK

In 2022, imports of wadding of textile materials and articles thereof into the UK reached X tons, growing by 9.2% against the year before. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.5% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 21%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, textile wadding imports reached $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Germany (X tons) were the main suppliers of textile wadding imports to the UK, with a combined 47% share of total imports. Turkey, Austria, Italy, India, the Netherlands, Bulgaria, Hungary, Poland, Greece and Portugal lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +168.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wadding suppliers to the UK were Austria ($X), Italy ($X) and China ($X), together accounting for 46% of total imports. Turkey, Hungary, the Netherlands, Germany, India, France, Bulgaria, Poland, Greece and Portugal lagged somewhat behind, together comprising a further 43%.

Bulgaria, with a CAGR of +107.3%, 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 2022, the average textile wadding import price amounted to $X per ton, waning by -7.1% against the previous year. In general, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 16%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 Austria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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