IndexBox has just published a new report: ‘Poland – Textile Hosepiping And Similar Textile Tubing – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.
The revenue of the textile tubing market in Poland amounted to $9.1M in 2018, declining by -11.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, textile tubing consumption, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2010 with an increase of 27% against the previous year. In that year, the textile tubing market attained its peak level of $14M. From 2011 to 2018, the growth of the textile tubing market remained at a somewhat lower figure.
Market Forecast 2019-2025 in Poland
Driven by increasing demand for textile tubing in Poland, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.7% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 2.4K tonnes by the end of 2025.
Production in Poland
In 2018, the textile tubing production in Poland totaled 1.7K tonnes, approximately mirroring the previous year. Over the period under review, the total output indicated measured growth from 2007 to 2018: its volume increased at an average annual rate of +2.7% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, textile tubing production decreased by -3.1% against 2015 indices. The pace of growth appeared the most rapid in 2015 with an increase of 45% year-to-year. In that year, textile tubing production attained its peak volume of 1.7K tonnes. From 2016 to 2018, textile tubing production growth remained at a somewhat lower figure.
In value terms, textile tubing production amounted to $6.5M in 2018 estimated in export prices. Overall, textile tubing production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 32% y-o-y. Over the period under review, textile tubing production reached its maximum level at $11M in 2007; however, from 2008 to 2018, production remained at a lower figure.
Exports from Poland
In 2018, the exports of textile hosepiping and similar textile tubing from Poland totaled 502 tonnes, going up by 75% against the previous year. Overall, textile tubing exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 210% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.
In value terms, textile tubing exports amounted to $3.3M (IndexBox estimates) in 2018. Over the period under review, textile tubing exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by 140% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the near future.
Exports by Country
Italy (88 tonnes), Hungary (72 tonnes) and the Czech Republic (49 tonnes) were the main destinations of textile tubing exports from Poland, with a combined 42% share of total exports. Slovakia, Croatia, Germany, Slovenia, Romania, Ukraine, the UK, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further 42%.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Croatia (+78.2% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for textile tubing exported from Poland were Hungary ($366K), the UK ($334K) and the Czech Republic ($332K), with a combined 32% share of total exports. These countries were followed by Ukraine, Slovakia, Italy, Croatia, Germany, Slovenia, Romania, Bulgaria and Lithuania, which together accounted for a further 46%.
Among the main countries of destination, Croatia (+66.1% per year) experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the average textile tubing export price amounted to $6,527 per tonne, jumping by 23% against the previous year. Overall, the textile tubing export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. Over the period under review, the average export prices for textile hosepiping and similar textile tubing reached their maximum at $7,957 per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was the UK ($22,492 per tonne), while the average price for exports to Italy ($2,554 per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced mixed trend patterns.
Imports into Poland
Textile tubing imports into Poland totaled 941 tonnes in 2018, increasing by 4.3% against the previous year. Overall, the total imports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +4.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, textile tubing imports increased by +38.5% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of 55% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.
In value terms, textile tubing imports stood at $3.8M (IndexBox estimates) in 2018. Over the period under review, textile tubing imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 39% y-o-y. Over the period under review, textile tubing imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.
Imports by Country
In 2018, China (631 tonnes) constituted the largest textile tubing supplier to Poland, with a 67% share of total imports. Moreover, textile tubing imports from China exceeded the figures recorded by the second-largest supplier, Germany (152 tonnes), fourfold. The third position in this ranking was occupied by Croatia (54 tonnes), with a 5.8% share.
From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.3% per year) and Croatia (+7.8% per year).
In value terms, the largest textile tubing suppliers to Poland were China ($1.5M), Germany ($1.3M) and the Czech Republic ($302K), with a combined 81% share of total imports.
In terms of the main suppliers, the Czech Republic recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The average textile tubing import price stood at $4,046 per tonne in 2018, reducing by -3.6% against the previous year. Over the period under review, the textile tubing import price continues to indicate a significant slump. The pace of growth was the most pronounced in 2011 when the average import price increased by 32% year-to-year. Over the period under review, the average import prices for textile hosepiping and similar textile tubing reached their maximum at $7,512 per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($8,598 per tonne), while the price for China ($2,355 per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform