EU - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
EU Woven Woolen Fabrics Production Takes a Downturn
EU production of woven woolen fabrics showed mixed dynamics from 2007 to 2014, ultimately falling from 529 million square meters in 2007 to 205 million square meters in 2014. It dropped with a CAGR of 12.6% over the period under review. In value terms, EU woolen fabrics production decreased to 1 935 million EUR in 2014, falling by 4.2% annually.
Italy was the largest producer of woven woolen fabrics in absolute volumes, with 140 million square meters, followed distantly by the United Kingdom (14 million square meters), Germany (11 million square meters) and Austria (4 million square meters).
From 2007 to 2014, all the leaders showed negative dynamics in relative values: Italy (-13.4%), the UK (-3.7%), Germany (-9.2%) and Austria (-10.7%). However, the share of the United Kingdom increased (+3 percentage points), while the share of Italy illustrated negative dynamics (-3.7 percentage points).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the woolen fabric market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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