Global Technical Textiles Market 2024

Technical Textiles Market Size

For the third consecutive year, the global technical textiles market recorded growth in sales value, which increased by 0.3% to $X in 2021. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Global consumption peaked in 2021 and is likely to continue growth in the immediate term.

Technical Textiles Production

In value terms, technical textiles production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth remained at a somewhat lower figure.

Technical Textiles Exports

Exports

After two years of decline, shipments abroad of textile products and articles for technical uses increased by 19% to X tons in 2021. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the largest exporter of textile products and articles for technical uses in the world, with the volume of exports accounting for X tons, which was approx. 35% of total exports in 2021. Germany (X tons) took a 9.6% share (based on physical terms) of total exports, which put it in second place, followed by the United States (8.4%). Italy (X tons), the Netherlands (X tons), South Korea (X tons), India (X tons), Turkey (X tons), Poland (X tons), Japan (X tons), Belgium (X tons), the Czech Republic (X tons) and France (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to technical textiles exports from China stood at +4.6%. At the same time, Turkey (+20.5%), India (+19.6%), the Netherlands (+17.8%), Poland (+12.0%), Japan (+3.9%), the Czech Republic (+3.6%) and Germany (+3.4%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.5% from 2012-2021. South Korea, Italy and France experienced a relatively flat trend pattern. By contrast, the United States (-1.5%) and Belgium (-2.0%) illustrated a downward trend over the same period. China (+5.8 p.p.), the Netherlands (+2.6 p.p.), Turkey (+1.8 p.p.) and India (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -3.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest technical textiles supplying countries worldwide were Germany ($X), China ($X) and the United States ($X), with a combined 42% share of global exports. These countries were followed by Japan, the Netherlands, Italy, South Korea, Belgium, France, Poland, the Czech Republic, India and Turkey, which together accounted for a further 29%.

Turkey, with a CAGR of +17.9%, saw the highest growth rate of 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 2021, the average technical textiles export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 4.1%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%), while the other global leaders experienced more modest paces of growth.

Technical Textiles Imports

Imports

In 2021, overseas purchases of textile products and articles for technical uses were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) were the main importers of textile products and articles for technical uses, together committing 25% of total imports. Canada (X tons), the Philippines (X tons), India (X tons), the Netherlands (X tons), Italy (X tons), China (X tons), France (X tons), Japan (X tons), Indonesia (X tons), Poland (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to technical textiles imports into the United States stood at +4.2%. At the same time, the Philippines (+18.5%), India (+9.6%), Canada (+8.8%), the Netherlands (+8.6%), Japan (+6.7%), Italy (+4.7%), Poland (+3.7%), Germany (+3.1%) and China (+1.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +18.5% from 2012-2021. Russia and France experienced a relatively flat trend pattern. By contrast, Indonesia (-1.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, the Philippines, Canada and India increased by +3.9, +3, +1.9 and +1.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest technical textiles importing markets worldwide were the United States ($X), Germany ($X) and China ($X), with a combined 31% share of global imports. These countries were followed by Japan, the Netherlands, Canada, France, Italy, Poland, Russia, Indonesia, India and the Philippines, which together accounted for a further 24%.

Among the main importing countries, the Netherlands, with a CAGR of +5.3%, recorded the highest rates of growth with regard to 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

In 2021, the average technical textiles import price amounted to $X per ton, falling by -3.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 2.6% against the previous year. Global import price peaked at $X per ton in 2020, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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