United Kingdom - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Cotton Terry Towelling Price in the UK - 2023

Contents:

  1. Non-Cotton Terry Towelling Price in the UK (CIF) - 2022
  2. Non-Cotton Terry Towelling Price in the UK (FOB) - 2022
  3. Non-Cotton Terry Towelling Imports in the UK
  4. Non-Cotton Terry Towelling Exports in the UK

Non-Cotton Terry Towelling Price in the UK (CIF) - 2022

The average non-cotton terry towelling import price stood at $0.1 per square meter in 2022, picking up by 12% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2017 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $0.2 per square meter in 2012; however, from 2013 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 Italy ($0.3 per square meter), while the price for Pakistan ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Cotton Terry Towelling Price in the UK (FOB) - 2022

The average non-cotton terry towelling export price stood at $0.2 per square meter in 2022, declining by -26.3% against the previous year. Overall, the export price saw a pronounced curtailment. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. As a result, the export price attained the peak level of $0.3 per square meter. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($0.5 per square meter), while the average price for exports to Ireland ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gibraltar (+57.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cotton Terry Towelling Imports in the UK

In 2022, approx. 21M square meters of terry towelling (excluding of cotton) were imported into the UK; shrinking by -15.6% on 2021. In general, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 157% against the previous year. As a result, imports reached the peak of 25M square meters, and then declined dramatically in the following year.

In value terms, non-cotton terry towelling imports declined to $2.4M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 180% against the previous year. As a result, imports attained the peak of $2.5M, and then declined in the following year.

Import of Non-Cotton Terry Towelling in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3842318081,27049.0%
Turkey94.813131336857.2%
Pakistan3922871,125325-6.1%
Italy18010.218.62145.9%
India43.477.713414047.8%
Others26815710241.1-46.5%
Total1,3628942,5002,35820.1%

Top Suppliers of Non-Cotton Terry Towelling to the UK in 2022:

  1. China (10.1M square meters)
  2. Pakistan (6.1M square meters)
  3. Turkey (2.3M square meters)
  4. India (1.8M square meters)
  5. Italy (0.7M square meters)

Non-Cotton Terry Towelling Exports in the UK

In 2022, approx. 3.1M square meters of terry towelling (excluding of cotton) were exported from the UK; increasing by 100% against 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling exports surged to $461K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Non-Cotton Terry Towelling in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland19.913.664.5187111.0%
United States16.428.027.454.949.6%
AustraliaN/AN/A8.848.3448.9%
Italy18.617.10.238.827.8%
GibraltarN/A1.43.622.4300.0%
France14.417.714.317.56.7%
Germany14.27.662.915.63.2%
Poland5.41.50.212.532.3%
Spain17.313.12.711.1-13.8%
Saint Lucia19.311.1N/AN/A-42.5%
NigeriaN/AN/A7.5N/A0%
Morocco24.5N/AN/AN/A0%
TurkeyN/A27.0N/AN/A0%
Others74.642.212053.3-10.6%
Total22518031246127.0%

Top Export Markets for Non-Cotton Terry Towelling from the UK in 2022:

  1. Ireland (1782.3K square meters)
  2. United States (478.3K square meters)
  3. Italy (158.2K square meters)
  4. Gibraltar (124.3K square meters)
  5. France (96.6K square meters)
  6. Australia (95.8K square meters)
  7. Poland (89.5K square meters)
  8. Spain (63.2K square meters)
  9. Germany (56.9K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cotton terry towelling market in the UK. 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 2030.

Product coverage:

  • Prodcom 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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