EU: Market for Jute And Jute-Like Fibers 2022

Market Size for Jute And Jute-Like Fibers in the EU

The EU jute and jute-like fibers market skyrocketed to $X in 2021, rising by X% against the previous year. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Jute And Jute-Like Fibers in the EU

In value terms, jute and jute-like fibers production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Belgium (X tons) remains the largest jute and jute-like fibers producing country in the European Union, accounting for X% of total volume. Moreover, jute and jute-like fibers production in Belgium exceeded the figures recorded by the second-largest producer, Portugal (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume in Belgium totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Portugal (+X% per year) and Italy (+X% per year).

Exports of Jute And Jute-Like Fibers

Exports in the EU

In 2021, approx. X tons of jute and jute-like fibers were exported in the European Union; surging by X% on the previous year. Total exports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, jute and jute-like fibers exports soared to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons) was the key exporter of jute and jute-like fibers, comprising X% of total exports. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%). The following exporters - Italy (X tons), the Netherlands (X tons), Slovakia (X tons) and France (X tons) - each reached an X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to jute and jute-like fibers exports from Belgium stood at +X%. At the same time, Slovakia (+X%), Italy (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, the Netherlands (-X%), Spain (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Germany (+X p.p.), Slovakia (+X p.p.) and Italy (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-X p.p.), Spain (-X p.p.) and France (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest jute and jute-like fibers supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In Belgium, jute and jute-like fibers exports increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and Germany (+X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jute And Jute-Like Fibers

Imports in the EU

In 2021, approx. X tons of jute and jute-like fibers were imported in the European Union; growing by X% on 2020 figures. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, jute and jute-like fibers imports skyrocketed to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by France (X tons), Spain (X tons), Poland (X tons), the Czech Republic (X tons) and Slovenia (X tons) were the key importers of jute and jute-like fibers, together comprising X% of total imports. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

The Czech Republic, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, jumping by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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