Germany: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Germany

The German quilted textile products market dropped rapidly to $X in 2021, with a decrease of -58.1% against the previous year. Overall, consumption saw a significant curtailment. Over the period under review, the market hit record highs at $X in 2020, and then contracted significantly in the following year.

Quilted Textile Products Production in Germany

In value terms, quilted textile products production dropped sharply to $X in 2021 estimated in export price. Over the period under review, production saw a dramatic decrease. Quilted textile products production peaked at $X in 2020, and then shrank dramatically in the following year.

Quilted Textile Products Exports

Exports from Germany

In 2021, the amount of quilted textile products in the piece (excluding embroidery) exported from Germany expanded markedly to X tons, growing by 7.2% compared with 2020 figures. The total export volume increased at an average annual rate of +7.2% over the period from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products exports declined to $X in 2021. Over the period under review, exports, however, saw a deep contraction. The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

Bosnia and Herzegovina (X tons), North Macedonia (X tons) and Lithuania (X tons) were the main destinations of quilted textile products exports from Germany, together comprising 32% of total exports. India, Poland, the Czech Republic, Ukraine, Switzerland, Serbia, Austria, Bulgaria, Greece and Romania lagged somewhat behind, together comprising a further 38%.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +3,085.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for quilted textile products exported from Germany were Bosnia and Herzegovina ($X), Poland ($X) and Lithuania ($X), together comprising 26% of total exports. North Macedonia, Austria, Ukraine, Bulgaria, the Czech Republic, India, Romania, Switzerland, Greece and Serbia lagged somewhat behind, together accounting for a further 39%.

Serbia, with a CAGR of +1,858.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average quilted textile products export price amounted to $X per ton, reducing by -15.7% against the previous year. Over the period under review, the export price recorded a deep setback. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then shrank markedly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+32.7%), while the prices for the other major destinations experienced mixed trend patterns.

Quilted Textile Products Imports

Imports into Germany

In 2021, approx. X tons of quilted textile products in the piece (excluding embroidery) were imported into Germany; rising by 27% on 2020. The total import volume increased at an average annual rate of +27.3% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +5.2% from 2020 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of quilted textile products imports to Germany, together accounting for 69% of total imports.

From 2020 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +77.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Germany, comprising 41% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports. It was followed by China, with a 12% share.

From 2020 to 2021, the average annual growth rate of value from Italy stood at +56.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.1% per year) and China (+58.6% per year).

Import Prices by Country

In 2021, the average quilted textile products import price amounted to $X per ton, waning by -17.3% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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