Italy: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Italy

The Italian quilted textile products market skyrocketed to $X in 2021, picking up by 88% against the previous year. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Quilted Textile Products Production in Italy

In value terms, quilted textile products production surged to $X in 2021 estimated in export price. Over the period under review, production showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 260%. Over the period under review, production attained the peak level in 2021 and is likely to continue growth in the immediate term.

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Quilted Textile Products Exports

Exports from Italy

In 2021, approx. X tons of quilted textile products in the piece (excluding embroidery) were exported from Italy; surging by 10% against the year before. The total export volume increased at an average annual rate of +10.5% from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products exports surged to $X in 2021. The total export value increased at an average annual rate of +32.3% over the period from 2020 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of quilted textile products exports from Italy, together accounting for 54% of total exports. These countries were followed by Bulgaria, Albania, Poland, Slovakia, Spain, France, Tunisia, Croatia and the Czech Republic, which together accounted for a further 29%.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +105.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for quilted textile products exported from Italy were Germany ($X), Romania ($X) and Hungary ($X), together accounting for 49% of total exports. These countries were followed by Bulgaria, Spain, Slovakia, Poland, France, Albania, the Czech Republic, Tunisia and Croatia, which together accounted for a further 31%.

Among the main countries of destination, Spain, with a CAGR of +256.7%, 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

The average quilted textile products export price stood at $X per ton in 2021, surging by 20% against the previous year. Over the last one years, it increased at an average annual rate of +19.8%. 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 for the major overseas markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Albania ($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 Spain (+73.2%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports

Imports into Italy

In 2021, imports of quilted textile products in the piece (excluding embroidery) into Italy skyrocketed to X tons, picking up by 41% against the year before. Over the period under review, total imports indicated a significant increase from 2020 to 2021: its volume increased at an average annual rate of +40.7% over the last one-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.

In value terms, quilted textile products imports surged to $X in 2021. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Ireland (X tons) and Poland (X tons) were the main suppliers of quilted textile products imports to Italy, with a combined 84% share of total imports.

From 2020 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +4,946,700.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Italy, comprising 59% of total imports. The second position in the ranking was taken by China ($X), with an 8.6% share of total imports. It was followed by Denmark, with a 5.6% share.

From 2020 to 2021, the average annual rate of growth in terms of value from Ireland totaled +8,494,416.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+43.6% per year) and Denmark (+18,458.7% per year).

Import Prices by Country

The average quilted textile products import price stood at $X per ton in 2021, increasing by 114% against the previous year. Overall, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+53.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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