Global Technical Textiles Market 2024

Technical Textiles Market Size

The global technical textiles market expanded modestly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Technical Textiles Production

In value terms, technical textiles production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Technical Textiles Exports

Exports

In 2022, approx. X tons of textile products and articles for technical uses were exported worldwide; which is down by X% compared with the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, technical textiles exports declined to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

China represented the key exporting country with an export of around X tons, which reached X% of total exports. Germany (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United States (X%). The following exporters - Italy (X tons), the Netherlands (X tons), India (X tons), Poland (X tons), Japan (X tons), Belgium (X tons), Mexico (X tons), Spain (X tons), the Czech Republic (X tons) and France (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to technical textiles exports from China stood at X%. At the same time, India (X%), the Netherlands (X%), Poland (X%), Japan (X%), Germany (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Italy and France experienced a relatively flat trend pattern. By contrast, Mexico (X%), Belgium (X%), the United States (X%) and Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Netherlands and India increased by X, X and X percentage points, 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), together comprising X% of global exports. Japan, Italy, the Netherlands, Mexico, France, Belgium, the Czech Republic, Poland, Spain and India lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average technical textiles export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

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

Technical Textiles Imports

Imports

In 2022, purchases abroad of textile products and articles for technical uses increased by X% to X tons, rising for the second 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 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, technical textiles imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons), distantly followed by the Philippines (X tons) and Germany (X tons) were the largest importers of textile products and articles for technical uses, together achieving X% of total imports. The following importers - Canada (X tons), the Netherlands (X tons), India (X tons), France (X tons), Italy (X tons), Japan (X tons), China (X tons), Russia (X tons), Poland (X tons) and Malaysia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to technical textiles imports into the United States stood at X%. At the same time, the Philippines (X%), India (X%), the Netherlands (X%), Canada (X%), Japan (X%), Italy (X%), Poland (X%), Germany (X%) and Russia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Malaysia, France and China experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Philippines, Canada, the Netherlands and India increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 2022, reducing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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