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2023
Exports $243MWorld Rnk 7 / 147
Flag Rnk 228 / 1216
2023
Destination $3.82M Ireland
2022 - 2023
FASTEST GROWING MARKET $3.82MSouth Korea
2023
PRODUCT COMPLEXITY IN Rock Wool0.69Rnk 288 / 1025
2023
Imports $213MWorld Rnk 5 / 220
Flag Rnk 418 / 1214
2023
Origin $6.86M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $6.86MUnited States
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $243M in Rock Wool, making it the 7th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 228th most exported product in United Kingdom. The main destination of Rock Wool exports from United Kingdom are: Ireland ($56.4M), Netherlands ($28.1M), United States ($25M), Germany ($16.1M), and Japan ($11.8M).

The fastest growing export markets for Rock Wool of United Kingdom between 2022 and 2023 were South Korea ($3.82M), Ireland ($1.89M), and Denmark ($1.45M).

Imports In 2023, United Kingdom imported $213M in Rock Wool, becoming the 5th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 418th most imported product in United Kingdom. United Kingdom imports Rock Wool primarily from: Netherlands ($39.6M), United States ($31.6M), Germany ($28M), France ($20.8M), and Poland ($18.8M).

The fastest growing import markets in Rock Wool for United Kingdom between 2022 and 2023 were United States ($6.86M), France ($6.28M), and Netherlands ($5.71M).

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Rock Wool exports accounted up to £15.2M and imports accounted up to £9.91M, resulting in a positive trade balance of £5.26M. Between December 2023 and December 2024 the exports of United Kingdom's   Rock Wool have increased by £1.13M (8.02%) from £14M to £15.2M, while imports decreased by £-1.56M (-13.6%) from £11.5M to £9.91M.

Destinations In December 2024, Rock Wool were exported mostly to United States (£2.64M), Ireland (£2.26M), Netherlands (£1.46M), China (£1.31M), and Japan (£936k), and were imported mostly from Netherlands (£2.7M), France (£1.13M), Poland (£993k), China (£816k), and Belgium (£685k).

Growth In December 2024, the increase in Rock Wool's year-by-year exports was explained primarily by an increase in exports to India (£580k or 1.8k%), Sweden (£542k or 380%), and Netherlands (£435k or 24.9%). In December 2024, the decrease in Rock Wool's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-1.15M or -35.4%), United States (£-989k or -41.3%), and Germany (£-638k or -36.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£1.13M(8.02%)
IMPORT GROWTH (December 2023 - December 2024)£-1.56M(-13.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States£2.64M

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.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$243M
IMPORTS (2023)$213M
NET TRADE (2023)$30.4M

In 2023, United Kingdom exported $243M in Rock Wool. The main destinations of United Kingdom exports on Rock Wool were Ireland ($56.4M), Netherlands ($28.1M), United States ($25M), Germany ($16.1M), and Japan ($11.8M).

In 2023, United Kingdom imported $213M in Rock Wool, mainly from Netherlands ($39.6M), United States ($31.6M), Germany ($28M), France ($20.8M), and Poland ($18.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
South Korea$3.82M (141%)
Ireland$1.89M (3.47%)
Denmark$1.45M (94.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY United Kingdom WERE (2022 - 2023):
France-$12.3M (-62.1%)
Netherlands-$5.16M (-15.5%)
China-$4.15M (-40.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Rock Wool were:
Germany $585M
Poland $564M
United States $504M
In 2023, United Kingdom's main importing competitors in Rock Wool were:
Germany $535M
United States $420M
Italy $311M

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.65M
TOP IMPORT POTENTIALGermany+ $7.42M

Rock Wool’s highest export potential is Germany. With an export gap of $8.65M.   Rock Wool’s highest import potential is Germany with an import gap of $7.42M.

See methodology.

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