Italy - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Fabric Price in Italy - 2023

Contents:

  1. Woolen Fabric Price in Italy (FOB) - 2023
  2. Woolen Fabric Price in Italy (CIF) - 2023
  3. Woolen Fabric Exports in Italy
  4. Woolen Fabric Imports in Italy

Woolen Fabric Price in Italy (FOB) - 2023

The average woolen fabric export price stood at $16.4 per square meter in July 2023, falling by -2.2% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices attained the maximum at $17.5 per square meter in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was South Korea ($64.9 per square meter), while the average price for exports to Jordan ($18.8 per square meter) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Price in Italy (CIF) - 2023

The average woolen fabric import price stood at $11.5 per square meter in July 2023, with a decrease of -2.8% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 53% m-o-m. As a result, import price attained the peak level of $11.9 per square meter. From April 2023 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($48.1 per square meter), while the price for Turkey ($4.9 per square meter) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Woolen Fabric Exports in Italy

Woolen fabric exports from Italy skyrocketed to 85M square meters in 2022, increasing by 31% compared with the year before. Over the period under review, exports, however, saw a pronounced setback. Over the period under review, the exports reached the maximum at 96M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, woolen fabric exports surged to $1.2B in 2022. In general, exports, however, showed a perceptible setback. The exports peaked at $1.4B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Woolen Fabric in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1601061561630.6%
Romania86.664.468.791.61.9%
France79.755.769.889.84.1%
Turkey69.437.546.788.88.6%
Germany10865.548.179.0-9.9%
Spain66.155.757.368.61.2%
Japan11460.345.963.7-17.6%
South Korea71.455.354.863.7-3.7%
Portugal62.332.643.957.1-2.9%
Hong Kong SAR56.427.941.049.1-4.5%
Bulgaria43.927.228.631.2-10.8%
Poland38.221.224.629.3-8.5%
Morocco24.819.318.222.0-3.9%
Others390226232326-5.8%
Total1,3718559351,223-3.7%

Top Export Markets for Woolen Fabric from Italy in 2022:

  1. China (9.7M square meters)
  2. Spain (8.3M square meters)
  3. Romania (7.3M square meters)
  4. Turkey (6.9M square meters)
  5. Germany (6.3M square meters)
  6. France (4.2M square meters)
  7. Portugal (4.1M square meters)
  8. Japan (3.4M square meters)
  9. Hong Kong SAR (2.7M square meters)
  10. Morocco (2.6M square meters)
  11. South Korea (2.5M square meters)
  12. Bulgaria (2.5M square meters)
  13. Poland (2.3M square meters)

Woolen Fabric Imports in Italy

After two years of decline, overseas purchases of woven woolen fabrics increased by 40% to 14M square meters in 2022. In general, imports, however, continue to indicate a pronounced downturn. Over the period under review, imports reached the maximum at 15M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, woolen fabric imports surged to $129M in 2022. Overall, imports, however, saw a abrupt downturn. Imports peaked at $151M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woolen Fabric in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic77.954.844.167.9-4.5%
United Kingdom18.614.717.014.8-7.3%
China6.03.83.76.42.2%
Denmark6.24.04.75.3-5.1%
Belgium1.71.22.85.144.2%
Slovakia4.91.63.94.0-6.5%
Romania9.87.05.52.4-37.4%
Others26.121.019.023.3-3.7%
Total151108101129-5.1%

Top Suppliers of Woolen Fabric to Italy in 2022:

  1. Czech Republic (8.2M square meters)
  2. China (1.5M square meters)
  3. Slovakia (1.1M square meters)
  4. United Kingdom (0.6M square meters)
  5. Denmark (0.4M square meters)
  6. Belgium (0.2M square meters)
  7. Romania (0.1M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen fabric market in Italy. 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
  • Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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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