Price for Braids; in the Piece in Belgium - 2023

Contents:

  1. Price for Braids; in the Piece in Belgium (CIF) - 2022
  2. Price for Braids; in the Piece in Belgium (FOB) - 2022
  3. Imports of Braids; in the Piece in Belgium
  4. Exports of Braids; in the Piece in Belgium

Price for Braids; in the Piece in Belgium (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $10,970 per ton, flattening at the previous year. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 63%. The import price peaked at $39,620 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23,160 per ton), while the price for the Netherlands ($6,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Braids; in the Piece in Belgium (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $45,035 per ton, rising by 20% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece export price increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $53,712 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($118,060 per ton), while the average price for exports to Madagascar ($15,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+86.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Belgium

In 2022, purchases abroad of braids; in the pieces decreased by -69.5% to 44 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 149% against the previous year.

In value terms, braids; in the piece imports contracted significantly to $479K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 106% against the previous year. As a result, imports reached the peak of $1.6M, and then shrank sharply in the following year.

Import of Braids; in the Piece in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1322621131535.0%
Netherlands155130675126-6.7%
TurkeyN/A18.10.258.079.0%
Germany73.652.112235.2-21.8%
IndiaN/A21810528.8-63.7%
France67.035.037116.5-37.3%
IrelandN/AN/A54.5N/A0%
Others49.953.114162.07.5%
Total4777691,5824790.1%

Top Suppliers of Braids; in the Piece to Belgium in 2022:

  1. Netherlands (20.9 tons)
  2. China (10.6 tons)
  3. India (3.7 tons)
  4. Turkey (3.4 tons)
  5. Germany (2.8 tons)
  6. France (0.7 tons)

Exports of Braids; in the Piece in Belgium

In 2022, exports of braids; in the pieces from Belgium surged to 14 tons, jumping by 28% against the previous year. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 241% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, braids; in the piece exports soared to $653K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Braids; in the Piece in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan15.612.074.3236147.3%
France63.683.365.913227.6%
Germany17.116.243.610583.1%
Tunisia25.735.517767.337.8%
Italy1.155.69.940.0231.3%
CyprusN/AN/A0.96.5622.2%
PortugalN/A11.90.26.4-26.7%
Madagascar2.52.31.45.731.6%
HungaryN/A13.79.61.3-69.2%
Bulgaria1.329.20.7N/A-26.6%
Others43.782.341.552.16.0%
Total17134242565356.3%

Top Export Markets for Braids; in the Piece from Belgium in 2022:

  1. France (4.0 tons)
  2. Germany (2.9 tons)
  3. Italy (2.2 tons)
  4. Japan (2.0 tons)
  5. Tunisia (1.3 tons)
  6. Madagascar (0.4 tons)
  7. Cyprus (0.3 tons)
  8. Portugal (0.2 tons)
  9. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform

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