EU: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in the EU

The EU cotton (carded or combed) market fell remarkably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a pronounced descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Cotton (Carded Or Combed) in the EU

In value terms, cotton (carded or combed) production dropped to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports in the EU

In 2022, approx. X tons of cotton (carded or combed) were exported in the European Union; which is down by X% compared with the previous year. In general, exports saw a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cotton (carded or combed) exports contracted slightly to $X in 2022. Over the period under review, exports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) and Poland (X tons) represented roughly X% of total exports in 2022. Greece (X tons) took the next position in the ranking, followed by Portugal (X tons) and Italy (X tons). All these countries together took approx. X% share of total exports. The following exporters - Latvia (X tons) and Belgium (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest cotton (carded or combed) supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

In Poland, cotton (carded or combed) exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, remaining constant against the previous year. In general, the export price saw a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 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 Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Cotton (Carded Or Combed)

Imports in the EU

Cotton (carded or combed) imports declined rapidly to X tons in 2022, which is down by X% on the previous year's figure. Overall, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton (carded or combed) imports shrank slightly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Spain was the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by France (X tons), Poland (X tons) and Germany (X tons), together committing a X% share of total imports. The following importers - Romania (X tons), Belgium (X tons) and the Netherlands (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Germany, the Netherlands, Belgium and Romania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Netherlands, 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 ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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