EU: Tufted Textile Fabric Market 2024

Tufted Textile Fabric Market Size in the EU

In 2022, the EU tufted textile fabric market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tufted Textile Fabric Production in the EU

In value terms, tufted textile fabric production reduced to $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Tufted Textile Fabric Exports

Exports in the EU

Tufted textile fabric exports declined notably to X square meters in 2022, falling by X% compared with the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tufted textile fabric exports dropped to $X in 2022. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium represented the largest exporter of tufted textile fabrics in the European Union, with the volume of exports amounting to X square meters, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X square meters), creating a X% share of total exports. The following exporters - Slovakia (X square meters) and France (X square meters) - together made up X% of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, France (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) and Slovakia (X%) illustrated a downward trend over the same period. Belgium (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands and Slovakia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest tufted textile fabric supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 France ($X per square meter), while Belgium ($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 Slovakia (X%), while the other leaders experienced more modest paces of growth.

Tufted Textile Fabric Imports

Imports in the EU

In 2022, purchases abroad of tufted textile fabrics increased by X% to X square meters, rising for the second year in a row after three years of decline. In general, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tufted textile fabric imports soared to $X in 2022. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X square meters) was the main importer of tufted textile fabrics, making up X% of total imports. It was distantly followed by Belgium (X square meters), the Netherlands (X square meters), Poland (X square meters) and Finland (X square meters), together constituting a X% share of total imports. The following importers - Ireland (X square meters) and Portugal (X square meters) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to tufted textile fabric imports into France stood at X%. At the same time, Poland (X%), Portugal (X%), Finland (X%), Belgium (X%), the Netherlands (X%) and Ireland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of France (X p.p.), Poland (X p.p.), Finland (X p.p.), Belgium (X p.p.) and Portugal (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ireland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Poland ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, saw 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 import price in the European Union stood at $X per square meter in 2022, waning by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price 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, tufted textile fabric import price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per square meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per square meter), while Ireland ($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 the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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