Global Technical Textiles Market 2024

Technical Textiles Market Size

The global technical textiles market stood at $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. Global consumption peaked in 2023 and is likely to see steady growth in years to come.

Technical Textiles Production

In value terms, technical textiles production stood at $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Technical Textiles Exports

Exports

Global technical textiles exports expanded to X tons in 2023, increasing by X% on the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. The global exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, technical textiles exports stood at $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. 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 global exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

In 2023, China (X tons) represented the major exporter of textile products and articles for technical uses, achieving X% of total exports. It was distantly followed by Germany (X tons), the United States (X tons) and the Netherlands (X tons), together mixing up a X% share of total exports. Italy (X tons), India (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons), the Czech Republic (X tons), Japan (X tons), South Korea (X tons) and Spain (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, India (X%), Poland (X%), the Netherlands (X%), Mexico (X%), Germany (X%), the Czech Republic (X%) and Japan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Belgium (X%), Italy (X%), South Korea (X%), the United States (X%) and Spain (X%) illustrated a downward trend over the same period. China (X p.p.), India (X p.p.), the Netherlands (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the global exports, while Spain, Italy and the United States saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest technical textiles supplying countries worldwide were Germany ($X), China ($X) and the United States ($X), with a combined X% share of global exports. Japan, the Netherlands, Italy, South Korea, Belgium, Mexico, Poland, the Czech Republic, Spain and India lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average technical textiles export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. The global export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Technical Textiles Imports

Imports

In 2023, overseas purchases of textile products and articles for technical uses increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2023 and are expected to retain growth in the near future.

In value terms, technical textiles imports rose to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, the Philippines (X tons) and the United States (X tons) represented the major importers of textile products and articles for technical usesacross the globe, together reaching approx. X% of total imports. The following importers - Germany (X tons), the Netherlands (X tons), India (X tons), Canada (X tons), Malaysia (X tons), Italy (X tons), Japan (X tons), France (X tons), Poland (X tons), China (X tons) and Indonesia (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest technical textiles importing markets worldwide were the United States ($X), Germany ($X) and China ($X), together accounting for X% of global imports. Canada, Japan, the Netherlands, France, Italy, Poland, India, Indonesia, the Philippines and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average technical textiles import price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the import price showed a perceptible setback. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform