Europe: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in Europe

In 2022, the Europe cotton (carded or combed) market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption recorded a perceptible contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Cotton (Carded Or Combed) in Europe

In value terms, cotton (carded or combed) production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Cotton (Carded Or Combed)

Exports in Europe

In 2022, cotton (carded or combed) exports in Europe shrank slightly to X tons, approximately equating the previous year's figure. Over the period under review, exports showed a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cotton (carded or combed) exports shrank slightly to $X in 2022. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) and Poland (X tons) were the major exporters of cotton (carded or combed) in 2022, resulting at approx. X% and X% of total exports, respectively. Greece (X tons) took the next position in the ranking, followed by Portugal (X tons) and Italy (X tons). All these countries together took approx. X% share of total exports. Russia (X tons) and Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest cotton (carded or combed) supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Cotton (Carded Or Combed)

Imports in Europe

In 2022, the amount of cotton (carded or combed) imported in Europe dropped markedly to X tons, shrinking by X% against 2021 figures. Over the period under review, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton (carded or combed) imports dropped to $X in 2022. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain represented the largest importer of cotton (carded or combed) in Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by France (X tons), Poland (X tons), Germany (X tons) and the UK (X tons), together constituting a X% share of total imports. The following importers - Romania (X tons) and Russia (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton (carded or combed) importing markets in Europe were France ($X), Spain ($X) and Poland ($X), together comprising X% of total imports. Germany, the UK, Russia and Romania lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 Europe stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, 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.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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