Spain: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Spain

The Spanish market for nets of twine, cordage, rope or textile materials reduced dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a abrupt slump. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Spain

In value terms, twine, cordage or textile net production shrank rapidly to $X in 2022 estimated in export price. Overall, production saw a slight downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then shrank sharply in the following year.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Spain

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated a notable increase 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. Based on 2022 figures, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, twine, cordage or textile net exports dropped modestly to $X in 2022. In general, total exports indicated a prominent expansion 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Morocco (X tons), France (X tons) and Germany (X tons) were the main destinations of twine, cordage or textile net exports from Spain, with a combined X% share of total exports. Mexico, Cote d'Ivoire, Seychelles, the UK, Portugal, Lithuania, Chile, Italy, the Netherlands and Mauritania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for twine, cordage or textile net exported from Spain were France ($X), Morocco ($X) and Germany ($X), together accounting for X% of total exports. Cote d'Ivoire, Seychelles, Mexico, the UK, Portugal, the Netherlands, Italy, Chile, Lithuania and Mauritania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Lithuania ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Spain

In 2022, after two years of growth, there was significant decline in supplies from abroad of nets of twine, cordage, rope or textile materials, when their volume decreased by X% to X tons. Overall, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, twine, cordage or textile net imports fell to $X in 2022. Over the period under review, total imports indicated buoyant 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest twine, cordage or textile net supplier to Spain, with a X% share of total imports. Moreover, twine, cordage or textile net imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. India (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, the largest twine, cordage or textile net suppliers to Spain were China ($X), Portugal ($X) and India ($X), with a combined X% share of total imports. Germany, Morocco, Italy, France and Faroe Islands lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a noticeable contraction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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