Estonia: Market for Woven Pile Fabrics And Chenille Fabrics 2019

Market Size for Woven Pile Fabrics And Chenille Fabrics in Estonia

The revenue of the pile and chenille fabric market in Estonia amounted to $X in 2018, growing by X% against the previous year. Overall, the total market indicated a measured expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric consumption decreased by -X% against 2010 indices. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Over the period under review, the pile and chenille fabric market attained its maximum level at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Estonia

In value terms, pile and chenille fabric production totaled $X in 2018 estimated in export prices. Over the period under review, pile and chenille fabric production continues to indicate a deep descent. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Estonia pile and chenille fabric production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Estonia

In 2018, the exports of woven pile fabrics and chenille fabrics from Estonia stood at X tons, dropping by -X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, pile and chenille fabric exports attained their peak of X tons. From 2012 to 2018, the growth of pile and chenille fabric exports remained at a somewhat lower figure.

In value terms, pile and chenille fabric exports amounted to $X in 2018. In general, pile and chenille fabric exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, pile and chenille fabric exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

China dominates pile and chenille fabric exports structure, resulting at X tons, which was approx. X% of total exports in 2018. Turkey (X tons) took the second position in the ranking, followed by Germany (X tons). All these countries together took near X% share of total exports. Belgium (X tons), Spain (X tons), the UK (X tons), South Korea (X tons), Portugal (X tons) and Italy (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Turkey (-X%), Italy (-X%) and Portugal (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Italy (-X p.p.), Portugal (-X p.p.), Belgium (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at -X%. In the other countries, the average annual rates were as follows: Turkey (-X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2018, the pile and chenille fabric export price in Estonia amounted to $X per ton, jumping by X% against the previous year. In general, the export price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric export price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. Estonia export price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was South Korea ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Estonia

In 2018, the amount of woven pile fabrics and chenille fabrics imported into Estonia totaled X tons, flattening at the previous year. Over the period under review, pile and chenille fabric imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Estonia imports peaked at X tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, pile and chenille fabric imports stood at $X in 2018. Over the period under review, pile and chenille fabric imports continue to indicate a measured descent. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Estonia imports peaked at $X in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the United Arab Emirates (X tons), the U.S. (X tons), the UK (X tons), Iran (X tons), Poland (X tons), Russia (X tons), the Czech Republic (X tons), Bangladesh (X tons), Saudi Arabia (X tons), Germany (X tons), China, Hong Kong SAR (X tons) and Morocco (X tons) represented the key importers of woven pile fabrics and chenille fabrics in the world, generating X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric importing markets into Estonia were the United Arab Emirates ($X), the UK ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by Poland, the Czech Republic, Germany, Bangladesh, Iran, Saudi Arabia, Russia, China, Hong Kong SAR, Morocco and Estonia, which together accounted for a further X the main importing countries, the Czech Republic experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The pile and chenille fabric import price in Estonia stood at $X per ton in 2018, leveling off at the previous year. In general, the pile and chenille fabric import price, however, continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the import prices for woven pile fabrics and chenille fabrics reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for woven pile fabrics and chenille fabrics remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform