Rock Wool in United Kingdom

EXPORTS (2018): $257M, World Rnk 7 / 124
Flag Rnk 243 / 1215

TOP DESTINATION (2018): $54M, Germany

FASTEST GROWING MARKET (2017 - 2018): $12.8M, Germany

IMPORTS (2018): $184M, World Rnk 6 / 203
Flag Rnk 455 / 1212

TOP ORIGIN (2018): $40M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $24.1M, United States

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

Overview: This page contains the latest trade data of Rock Wool in United Kingdom.

Exports: In 2018, United Kingdom exported $257M in Rock Wool, making it the 7th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 243rd most exported product in United Kingdom. The main destination of Rock Wool exports from United Kingdom are: Germany ($54M), Ireland ($25M), United States ($23.6M), France ($18.7M), and Japan ($17.3M).

The fastest growing export markets for Rock Wool of United Kingdom between 2017 and 2018 were Germany ($12.8M), Ireland ($8.78M), and United States ($5.46M).

Imports: In 2018, United Kingdom imported $184M in Rock Wool, becoming the 6th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 455th most imported product in United Kingdom. United Kingdom imports Rock Wool primarily from: Germany ($40M), Ireland ($38.3M), United States ($25.7M), Netherlands ($17.9M), and Belgium-Luxembourg ($14M).

The fastest growing import markets in Rock Wool for United Kingdom between 2017 and 2018 were United States ($24.1M), Ireland ($15M), and Netherlands ($4.4M).

Overview: In August 2020 United Kingdom's Rock Wool exports accounted up to £12.4M and imports accounted up to £7.53M, resulting in a positive trade balance of £4.84M. Between August 2019 and August 2020 the exports of United Kingdom's   Rock Wool have decreased by £-4.93M (-28.5%) from £17.3M to £12.4M, while imports decreased by £-3.87M (-34%) from £11.4M to £7.53M.

Destinations: In August 2020 Rock Wool exported mostly to Germany (£2.63M), Ireland (£2.09M), France (£1.18M), United States (£943k), and Poland (£615k), and imported mostly from Germany (£1.85M), Poland (£1.05M), Ireland (£849k), United States (£791k), and Netherlands (£692k).

Growth: In August 2020, the decrease in Rock Wool's year-by-year exports was explained primarily by a decrease in exports to United States (£-1.08M or -53.5%), Japan (£-834k or -71.3%), and Germany (£-751k or -22.2%). In August 2020, the decrease in Rock Wool's year-by-year imports was explained primarily by a decrease in imports from United States (£-2.12M or -72.8%), Ireland (£-645k or -43.2%), and Germany (£-572k or -23.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): £-4.93M, (-28.5%)

IMPORT GROWTH (August 2019 - August 2020): £-3.87M, (-34%)

MAIN EXPORTER (August 2020): Felixstowe, £897k

MAIN DESTINATION (August 2020): Germany, £2.63M

This section shows Rock Wool's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rock Wool over time.

Value

EXPORTS (2018): $257M

IMPORTS (2018): $184M

NET TRADE (2018): $73.5M

In 2018, United Kingdom exported $257M in Rock Wool. The main destinations of United Kingdom exports on Rock Wool were Germany ($54M), Ireland ($25M), United States ($23.6M), France ($18.7M), and Japan ($17.3M).

In 2018, United Kingdom imported $184M in Rock Wool, mainly from Germany ($40M), Ireland ($38.3M), United States ($25.7M), Netherlands ($17.9M), and Belgium-Luxembourg ($14M).

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IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Rock Wool WITH:

  • Germany, $14M ($54M - $40M)
  • France, $13.6M ($18.7M - $5.11M)
  • Japan, $13M ($17.3M - $4.34M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Rock Wool WITH:

  • Ireland, -$13.2M ($25M - $38.3M)
  • Belgium-Luxembourg, -$11.1M ($2.93M - $14M)
  • Netherlands, -$7.25M ($10.6M - $17.9M)
Flow

THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY United Kingdom WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United Kingdom's main exporting competitors in Rock Wool were:

In 2018, United Kingdom's main importing competitors in Rock Wool were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Rock Wool in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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