United Kingdom: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in the UK

For the eleventh consecutive year, the UK metal thread woven fabric market recorded growth in sales value, which increased by 26% to $X in 2022. Overall, consumption showed a significant expansion. Metal thread woven fabric consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in the UK

In value terms, metal thread woven fabric production surged to $X in 2022 estimated in export price. In general, production, however, faced a abrupt downturn. Metal thread woven fabric production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from the UK

In 2022, metal thread woven fabric exports from the UK contracted to X square meters, reducing by -12.3% on 2021 figures. Overall, exports faced a sharp curtailment. Over the period under review, the exports attained the maximum at X square meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, metal thread woven fabric exports fell rapidly to $X in 2022. Over the period under review, exports showed a pronounced descent. The pace of growth was the most pronounced in 2016 when exports increased by 155%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X square meters), France (X square meters) and Ireland (X square meters) were the main destinations of metal thread woven fabric exports from the UK, together comprising 35% 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 Ireland (with a CAGR of +19.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from the UK, comprising 24% of total exports. The second position in the ranking was taken by Ireland ($X), with a 5.7% share of total exports. It was followed by Hong Kong SAR, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+23.6% per year) and Hong Kong SAR (+22.0% per year).

Export Prices by Country

In 2022, the average metal thread woven fabric export price amounted to $X per square meter, shrinking by -38.2% against the previous year. In general, the export price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 246% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per square meter), while the average price for exports to Sri Lanka ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into the UK

In 2022, approx. X square meters of woven fabrics of metal thread and woven fabrics of metallised yarn were imported into the UK; rising by 124% on 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal thread woven fabric imports skyrocketed to $X in 2022. Overall, imports showed resilient growth. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) was the main metal thread woven fabric supplier to the UK, accounting for a 380% share of total imports. Moreover, metal thread woven fabric imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X square meters), more than tenfold. Spain (X square meters) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+36.4% per year) and Spain (+100.9% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to the UK, comprising 65% of total imports. The second position in the ranking was taken by France ($X), with an 8.9% share of total imports. It was followed by Slovakia, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.5% per year) and Slovakia (+37.3% per year).

Import Prices by Country

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, dropping by -35.1% against the previous year. In general, the import price faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price decreased by -2.6% against the previous year. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :