The market is dominated by domestic suppliers, as imports account for 49.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 93.2% of total demand in 2022. The UK has the eighth largest market size for man-made fibres regionally, with demand reaching USD947 million in 2022. Lycra Co Uk Ltd, The is the largest company in the UK, generating 43.2% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 80.1% of total production value in 2022. The total number of companies decreases in 2022, to 23 units. The costs of the industry decrease by 0.3% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.1% of production value in 2022, the ninth highest regionally. The industry’s exports share decreases in 2022 to 16.6% of total production output. With production value of USD599 million, the UK accounts for 4.5% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Man-made Fibres in the United Kingdom: ISIC 243. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Man-made Fibres in the United Kingdom: ISIC 243 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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