Life-Jackets and Life-Belts Price in the Netherlands - 2023

Life-Jackets and Life-Belts Price in the Netherlands (CIF) - 2023

In June 2023, the average life-jackets and life-belts import price amounted to $38,571 per ton, growing by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 26% m-o-m. Over the period under review, average import prices reached the maximum at $45,293 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($99,725 per ton), while the price for Spain ($9,394 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in the Netherlands (FOB) - 2023

In June 2023, the average life-jackets and life-belts export price amounted to $49,077 per ton, surging by 1.7% against the previous month. In general, export price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, life-jackets and life-belts export price increased by +16.2% against February 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 201% m-o-m. As a result, the export price reached the peak level of $51,947 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Spain ($59,539 per ton), while the average price for exports to Latvia ($25,334 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in the Netherlands

Life-jackets and life-belts imports into the Netherlands shrank remarkably to 414 tons in 2022, waning by -41.8% on the previous year's figure. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of 712 tons, and then declined remarkably in the following year.

In value terms, life-jackets and life-belts imports shrank rapidly to $13M in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of $23M, and then shrank significantly in the following year.

Import of Life-Jackets and Life-Belts in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.9	2.3	3.3	4.2	30.3%
United Kingdom	0.9	1.1	1.8	1.4	15.9%
Estonia	1.9	1.7	1.5	1.3	-11.9%
Hungary	1.9	0.9	8.8	1.2	-14.2%
Sweden	0.1	0.3	0.8	0.9	108.0%
Cambodia	0.1	0.1	0.5	0.7	91.3%
Belgium	0.6	0.5	0.7	0.6	0.0%
Germany	4.6	2.4	2.2	0.6	-49.3%
Italy	0.4	0.3	0.6	0.3	-9.1%
France	1.6	1.8	0.6	0.3	-42.8%
Taiwan (Chinese)	N/A	N/A	N/A	0.2	0%
Vietnam	N/A	N/A	N/A	0.2	0%
Myanmar	0.6	0.9	N/A	0.1	-45.0%
Others	1.6	1.7	2.2	1.4	-4.4%
Total	16.2	14.0	23.2	13.3	-6.4%

Top Suppliers of Life-Jackets and Life-Belts to the Netherlands in 2022:

China (184.0 tons)
Hungary (50.0 tons)
Estonia (28.5 tons)
Sweden (24.5 tons)
United Kingdom (23.3 tons)
Cambodia (20.3 tons)
Germany (15.6 tons)
Belgium (10.7 tons)
Italy (9.0 tons)
France (8.2 tons)
Vietnam (6.9 tons)
Taiwan (Chinese) (6.7 tons)
Myanmar (1.7 tons)

Life-Jackets and Life-Belts Exports in the Netherlands

In 2022, approx. 310 tons of life-jackets and life-beltses were exported from the Netherlands; surging by 14% on 2021. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, life-jackets and life-belts exports rose sharply to $13M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Life-Jackets and Life-Belts in the Netherlands (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,308	1,160	1,802	1,624	7.5%
Germany	988	1,017	1,711	1,458	13.9%
Czech Republic	62.3	95.3	111	1,159	165.0%
Belgium	1,043	1,126	1,114	974	-2.3%
Spain	418	445	679	787	23.5%
Poland	118	190	329	560	68.0%
Sweden	192	304	435	463	34.1%
Switzerland	281	494	566	360	8.6%
United Kingdom	885	787	749	332	-27.9%
Norway	276	458	458	320	5.1%
Denmark	413	257	325	318	-8.3%
Italy	298	278	685	313	1.7%
Finland	89.4	170	318	270	44.5%
Others	4,323	3,078	2,695	3,732	-4.8%
Total	10,694	9,858	11,977	12,670	5.8%