Overview of the Global Market for Finishing Agents Used In The Textile Industry

Market Size for Finishing Agents Used In The Textile Industry

The global textile industry finishing agents market was estimated at $X in 2022, approximately reflecting the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the global market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Finishing Agents Used In The Textile Industry

In value terms, textile industry finishing agents production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production showed resilient growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth failed to regain momentum.

Exports of Finishing Agents Used In The Textile Industry

Exports

After ten years of growth, shipments abroad of finishing agents used in the textile industry decreased by X% to X tons in 2022. Overall, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The global exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, textile industry finishing agents exports dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped modestly in the following year.

Exports by Country

In 2022, the Czech Republic (X tons), distantly followed by France (X tons), Mexico (X tons), Vietnam (X tons) and Germany (X tons) were the key exporters of finishing agents used in the textile industry, together committing X% of total exports. The United States (X tons), Belgium (X tons), Austria (X tons), the UK (X tons), Spain (X tons), Saudi Arabia (X tons), Turkey (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents supplying countries worldwide were Germany ($X), the United States ($X) and the Czech Republic ($X), with a combined X% share of global exports. France, Vietnam, Belgium, Spain, Mexico, Turkey, the UK, Saudi Arabia, Austria and Hungary lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average textile industry finishing agents export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Czech Republic ($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 United States (X%), while the other global leaders experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports

In 2022, approx. X tons of finishing agents used in the textile industry were imported worldwide; which is down by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, textile industry finishing agents imports fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

Germany (X tons), the United States (X tons), the UK (X tons), Bangladesh (X tons), Poland (X tons), Thailand (X tons), South Korea (X tons), Romania (X tons), France (X tons), Italy (X tons), Canada (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. Vietnam (X tons) followed a long way behind the leaders.

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

In value terms, the largest textile industry finishing agents importing markets worldwide were Germany ($X), Bangladesh ($X) and the UK ($X), together accounting for X% of global imports. Thailand, the United States, South Korea, Vietnam, Canada, Italy, Poland, France, the Netherlands and Romania lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average textile industry finishing agents import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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