Italy: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Italy

In 2021, the Italian pile and chenille fabric market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Italy

In value terms, pile and chenille fabric production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Italy

In 2021, overseas shipments of woven pile fabrics and chenille fabrics increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a deep contraction. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, pile and chenille fabric exports surged to $X in 2021. In general, exports, however, recorded a noticeable decline. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Germany (X tons) and Romania (X tons) were the main destinations of pile and chenille fabric exports from Italy, together comprising X% of total exports. France, Portugal, the United States, Poland, Spain, the Netherlands, Hungary, Turkey, Tunisia and China lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and the United States ($X) constituted the largest markets for pile and chenille fabric exported from Italy worldwide, with a combined X% share of total exports. These countries were followed by France, China, Romania, Portugal, Poland, Hungary, the Netherlands, Spain, Tunisia and Turkey, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among 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 pile and chenille fabric export price amounted to $X per ton, which is down by -X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pile and chenille fabric export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Italy

In 2021, after two years of decline, there was significant growth in purchases abroad of woven pile fabrics and chenille fabrics, when their volume increased by X% to X tons. Overall, imports, however, showed a slight downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pile and chenille fabric imports surged to $X in 2021. Over the period under review, imports, however, showed a slight shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pile and chenille fabric to Italy, accounting for a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was taken by Portugal (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Portugal (-X% per year).

In value terms, China ($X) constituted the largest supplier of pile and chenille fabric to Italy, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Turkey (-X% per year).

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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