Germany: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in Germany

The German cotton (carded or combed) market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption posted significant growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Cotton (Carded Or Combed) in Germany

In value terms, cotton (carded or combed) production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X,000%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Exports of Cotton (Carded Or Combed)

Exports from Germany

In 2022, approx. X tons of cotton (carded or combed) were exported from Germany; picking up by X% against the previous year's figure. Over the period under review, exports, however, recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cotton (carded or combed) exports declined to $X in 2022. Overall, exports, however, recorded a dramatic slump. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Switzerland (X tons) was the main destination for cotton (carded or combed) exports from Germany, with a X% share of total exports. Moreover, cotton (carded or combed) exports to Switzerland exceeded the volume sent to the second major destination, Turkey (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Austria (X% per year).

In value terms, Switzerland ($X), Romania ($X) and Austria ($X) were the largest markets for cotton (carded or combed) exported from Germany worldwide, with a combined X% share of total exports. Lithuania, Turkey, the Czech Republic, Poland and Morocco lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cotton (carded or combed) export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports into Germany

In 2022, supplies from abroad of cotton (carded or combed) increased by X% to X tons, rising for the fourth year in a row after six years of decline. Over the period under review, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton (carded or combed) imports soared to $X in 2022. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest cotton (carded or combed) supplier to Germany, with a X% share of total imports. Moreover, cotton (carded or combed) imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, Turkey ($X), India ($X) and Pakistan ($X) appeared to be the largest cotton (carded or combed) suppliers to Germany, together comprising X% of total imports.

Among the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cotton (carded or combed) import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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