Technical Textiles Market Overview in the European Union
In value terms, technical textiles production rose to $ in 2019 estimated in export prices. In general, production, however, showed a pronounced downturn. The growth pace was the most rapid in 2016 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
Germany ( tonnes) constituted the country with the largest volume of technical textiles production, accounting for % of total volume. Moreover, technical textiles production in Germany exceeded the figures recorded by the second-largest producer, Italy ( tonnes), threefold. The third position in this ranking was occupied by Spain ( tonnes), with a % share.
In Germany, technical textiles production increased at an average annual rate of +% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Italy (+% per year) and Spain (-% per year).
The size of the technical textiles market in the European Union shrank modestly to $ in 2019, approximately mirroring 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 throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. The level of consumption peaked at $ in 2018, and then declined modestly in the following year.
From 2007 to 2019, the biggest increases were in the Netherlands, while technical textiles consumption for the other leaders experienced more modest paces of growth.
In value terms, Germany ($) led the market, alone. The second position in the ranking was occupied by France ($). It was followed by the Netherlands.
From 2007 to 2019, the average annual growth rate of value in Germany totaled +%. The remaining consuming countries recorded the following average annual rates of market growth: France (+% per year) and the Netherlands (+% per year).
The countries with the highest levels of technical textiles per capita consumption in 2019 were the Czech Republic ( kg per persons), the Netherlands ( kg per persons) and Sweden ( kg per persons).
From 2007 to 2019, the biggest increases were in the Netherlands, while technical textiles per capita consumption for the other leaders experienced more modest paces of growth.