Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (FOB) - 2023
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (CIF) - 2023
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (FOB) - 2023

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,804 per ton in October 2023, surging by 26% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 70% m-o-m. As a result, the export price attained the peak level of $7,607 per ton. From January 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United States ($15,565 per ton), while the average price for exports to Russia ($2,679 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $1,926 per ton in October 2023, dropping by -25.6% against the previous month. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in February 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $3,223 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($3,604 per ton), while the price for Vietnam ($988 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany

In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Germany totaled 52K tons, growing by 13% on 2021 figures. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds rose to $258M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic44.134.935.048.43.1%
Austria20.419.923.422.53.3%
Netherlands9.211.312.321.131.9%
Poland13.112.916.419.814.8%
China20.520.319.112.7-14.8%
Italy8.77.110.611.28.8%
United Kingdom6.96.413.011.016.8%
Switzerland6.87.610.010.716.3%
Slovakia7.86.35.68.21.7%
France5.35.27.66.57.0%
Mexico6.75.25.35.4-6.9%
Belgium8.89.411.45.1-16.6%
Hungary6.02.73.65.0-5.9%
Others71.263.573.970.6-0.3%
Total2352132472583.2%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Germany in 2022:

  1. Czech Republic (15.6K tons)
  2. Austria (6.1K tons)
  3. Poland (4.1K tons)
  4. Netherlands (3.7K tons)
  5. Slovakia (2.6K tons)
  6. United Kingdom (2.1K tons)
  7. Italy (2.0K tons)
  8. Switzerland (1.9K tons)
  9. Mexico (1.5K tons)
  10. Hungary (1.1K tons)
  11. China (1.1K tons)
  12. France (1.0K tons)
  13. Belgium (1.0K tons)

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Germany expanded sharply to 32K tons, increasing by 13% compared with the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose rapidly to $82M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.914.520.621.114.9%
Italy5.67.18.57.28.7%
Croatia6.97.36.46.6-1.5%
Spain1.71.61.66.657.2%
Denmark2.21.62.26.342.0%
Czech Republic3.23.74.64.512.0%
Netherlands3.02.53.74.312.7%
France3.12.63.04.19.8%
Belgium3.32.22.73.30.0%
Hungary2.52.42.41.9-8.7%
Poland2.12.51.81.8-5.0%
TurkeyN/A0.10.91.7312.3%
Slovakia1.31.41.51.2-2.6%
Others17.19.811.411.2-13.2%
Total65.959.571.281.87.5%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Germany in 2022:

  1. China (13.2K tons)
  2. Croatia (5.7K tons)
  3. Czech Republic (2.1K tons)
  4. Italy (1.3K tons)
  5. Netherlands (1.2K tons)
  6. Hungary (1.0K tons)
  7. Denmark (0.9K tons)
  8. Turkey (0.8K tons)
  9. Belgium (0.8K tons)
  10. Poland (0.6K tons)
  11. France (0.6K tons)
  12. Slovakia (0.6K tons)
  13. Spain (0.6K tons)

Source: IndexBox Market Intelligence Platform

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