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2022
Exports $282MWorld Rnk 7 / 148
Flag Rnk 213 / 1216
2022
Destination $8.76M Ireland
2021 - 2022
FASTEST GROWING MARKET $8.76MIreland
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2022
Imports $179MWorld Rnk 8 / 215
Flag Rnk 469 / 1214
2022
Origin $4.79M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $4.79MNetherlands
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $282M in Rock Wool, making it the 7th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 213th most exported product in United Kingdom. The main destination of Rock Wool exports from United Kingdom are: Ireland ($52.7M), Netherlands ($35.2M), United States ($28.9M), France ($22.1M), and Germany ($18.1M).

The fastest growing export markets for Rock Wool of United Kingdom between 2021 and 2022 were Ireland ($8.76M), Belgium ($6.68M), and United States ($2.28M).

Imports In 2022, United Kingdom imported $179M in Rock Wool, becoming the 8th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 469th most imported product in United Kingdom. United Kingdom imports Rock Wool primarily from: Netherlands ($35M), Germany ($26.6M), United States ($23M), Poland ($18.2M), and Ireland ($15.6M).

The fastest growing import markets in Rock Wool for United Kingdom between 2021 and 2022 were Netherlands ($4.79M), Poland ($2.26M), and Ireland ($1.94M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Rock Wool exports accounted up to £16.6M and imports accounted up to £14.2M, resulting in a positive trade balance of £2.37M. Between September 2023 and September 2024 the exports of United Kingdom's   Rock Wool have decreased by £-331k (-1.96%) from £16.9M to £16.6M, while imports decreased by £-450k (-3.07%) from £14.7M to £14.2M.

Destinations In September 2024, Rock Wool were exported mostly to Ireland (£4.06M), United States (£1.94M), Netherlands (£1.63M), France (£849k), and Germany (£809k), and were imported mostly from Netherlands (£3.44M), France (£1.77M), Germany (£1.36M), Belgium (£1.33M), and China (£1.31M).

Growth In September 2024, the decrease in Rock Wool's year-by-year exports was explained primarily by a decrease in exports to United States (£-1.15M or -68.3%), Japan (£-931k or -53.7%), and France (£-480k or -66.6%). In September 2024, the decrease in Rock Wool's year-by-year imports was explained primarily by a decrease in imports from China (£-954k or -71.5%), France (£-501k or -26.9%), and Denmark (£-201k or -59.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-331k(-1.96%)
IMPORT GROWTH (September 2023 - September 2024)£-450k(-3.07%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£4.86M
MAIN DESTINATION (September 2024)Ireland£4.06M

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 (2022)$282M
IMPORTS (2022)$179M
NET TRADE (2022)$103M

In 2022, United Kingdom exported $282M in Rock Wool. The main destinations of United Kingdom exports on Rock Wool were Ireland ($52.7M), Netherlands ($35.2M), United States ($28.9M), France ($22.1M), and Germany ($18.1M).

In 2022, United Kingdom imported $179M in Rock Wool, mainly from Netherlands ($35M), Germany ($26.6M), United States ($23M), Poland ($18.2M), and Ireland ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$8.76M (20%)
Belgium$6.68M (150%)
United States$2.28M (8.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY United Kingdom WERE (2021 - 2022):
China-$5.81M (-42.2%)
Japan-$3.64M (-23.3%)
Germany-$3.63M (-16.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Rock Wool were:
Germany $667M
Poland $567M
China $552M
In 2022, United Kingdom's main importing competitors in Rock Wool were:
Germany $513M
United States $426M
Italy $356M

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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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