EU: Cotton Fabric Market 2024

Cotton Fabric Market Size in the EU

In 2023, the EU cotton fabric market was finally on the rise to reach $X after six years of decline. Overall, consumption continues to indicate a pronounced setback. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Cotton Fabric Production in the EU

In value terms, cotton fabric production amounted to $X in 2023 estimated in export price. In general, production, however, saw a perceptible decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Cotton Fabric Exports

Exports in the EU

In 2023, overseas shipments of woven fabrics of cotton decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, cotton fabric exports shrank modestly to $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Italy (X square meters), Germany (X square meters), Spain (X square meters), Portugal (X square meters), the Netherlands (X square meters), Belgium (X square meters), Austria (X square meters) and France (X square meters), together amounting to X% of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Portugal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton fabric supplying countries in the European Union were Italy ($X), Germany ($X) and Austria ($X), with a combined X% share of total exports.

Austria, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2023, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export 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 exporting countries. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per square meter), while Portugal ($X per square meter) 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 leaders experienced more modest paces of growth.

Cotton Fabric Imports

Imports in the EU

For the third year in a row, the European Union recorded decline in overseas purchases of woven fabrics of cotton, which decreased by X% to X square meters in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X square meters in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, cotton fabric imports reduced to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Italy (X square meters), distantly followed by Spain (X square meters), France (X square meters), Germany (X square meters), Portugal (X square meters), the Netherlands (X square meters), Poland (X square meters), Belgium (X square meters) and Austria (X square meters) represented the key importers of woven fabrics of cotton, together comprising X% of total imports.

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

In value terms, the largest cotton fabric importing markets in the European Union were Italy ($X), Spain ($X) and Germany ($X), together accounting for X% of total imports. France, Austria, the Netherlands, Portugal, Poland and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per square meter in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per square meter), while Belgium ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform