Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium - 2024
Contents:
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (FOB) - 2022
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (CIF) - 2022
- Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium
- Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (FOB) - 2022
The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.6 per square meter in 2022, surging by 6.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1.3 per square meter), while the average price for exports to Belarus ($0.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (CIF) - 2022
In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.4 per square meter, approximately reflecting the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 21%. Over the period under review, average import prices reached the peak figure at $0.4 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1 per square meter), while the price for the UK ($0.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of fabrics, woven; from strip or the like, of synthetic textile materialses, when their volume decreased by -28.9% to 134M square meters. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 189M square meters, and then dropped rapidly in the following year.
In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses contracted sharply to $75M in 2022. In general, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, the exports attained the peak of $98M, and then contracted dramatically in the following year.
| Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 22.3 | 23.3 | 33.4 | 25.1 | 4.0% |
| France | 8.0 | 9.5 | 13.8 | 11.4 | 12.5% |
| United States | 7.2 | 9.9 | 10.2 | 7.5 | 1.4% |
| Germany | 5.2 | 6.0 | 8.8 | 6.3 | 6.6% |
| Italy | 2.3 | 2.6 | 5.5 | 4.0 | 20.3% |
| Spain | 3.0 | 2.9 | 3.9 | 3.1 | 1.1% |
| Poland | 2.5 | 2.4 | 3.9 | 3.0 | 6.3% |
| Madagascar | N/A | N/A | N/A | 0.9 | 0% |
| Portugal | 0.7 | 0.2 | 0.5 | 0.9 | 8.7% |
| Others | 16.3 | 13.6 | 18.1 | 12.5 | -8.5% |
| Total | 67.5 | 70.4 | 98.2 | 74.5 | 3.3% |
Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Belgium in 2022:
- Netherlands (43.8M square meters)
- France (20.5M square meters)
- Germany (18.1M square meters)
- United States (11.8M square meters)
- Italy (8.1M square meters)
- Spain (7.1M square meters)
- Poland (5.9M square meters)
- Portugal (2.3M square meters)
- Madagascar (2.2M square meters)
Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of fabrics, woven; from strip or the like, of synthetic textile materialses, when their volume decreased by -25.4% to 126M square meters. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 169M square meters, and then reduced notably in the following year.
In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses shrank remarkably to $46M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of $62M, and then dropped dramatically in the following year.
| Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 6.5 | 7.3 | 12.9 | 13.1 | 26.3% |
| Germany | 14.6 | 8.6 | 12.5 | 7.2 | -21.0% |
| Netherlands | 6.3 | 6.7 | 8.9 | 6.1 | -1.1% |
| Hungary | 0.3 | 5.3 | 8.5 | 4.1 | 139.1% |
| China | 1.2 | 2.4 | 3.7 | 3.4 | 41.5% |
| Italy | 2.6 | 2.7 | 5.2 | 2.9 | 3.7% |
| Turkey | 0.2 | 0.2 | 1.1 | 2.7 | 138.1% |
| United Arab Emirates | 1.6 | 1.8 | 1.5 | 0.1 | -60.3% |
| Others | 5.5 | 6.5 | 7.6 | 6.3 | 4.6% |
| Total | 38.9 | 41.5 | 61.9 | 45.9 | 5.7% |
Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Belgium in 2022:
- Saudi Arabia (46.4M square meters)
- Germany (29.7M square meters)
- Hungary (13.8M square meters)
- China (9.6M square meters)
- Netherlands (8.4M square meters)
- Turkey (6.4M square meters)
- Italy (2.9M square meters)
- United Arab Emirates (0.4M square meters)
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