Wadding Of Textile Market Overview in the Czech Republic
In value terms, wadding of textile production contracted to $ in 2019 estimated in export prices. Over the period under review, production, however, recorded prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of % y-o-y. Wadding of textile production peaked at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
The revenue of the wadding of textile market in the Czech Republic reduced slightly to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.