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

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (FOB) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (CIF) - 2022
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $6,186 per ton, surging by 8.1% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 30%. Over the period under review, the average export prices attained the maximum at $8,484 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($9,364 per ton), while the average price for exports to Belgium ($2,417 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 Luxembourg (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $3,594 per ton, with an increase of 10% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $4,966 per ton in 2013; however, from 2014 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 Belgium ($7,189 per ton), while the price for Turkey ($937 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.3%), 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 the UK

In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from the UK reduced to 6.7K tons, with a decrease of -7.1% compared with the previous year's figure. Overall, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. As a result, the exports attained the peak of 7.2K tons, and then shrank in the following year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds totaled $41M in 2022. Over the period under review, exports showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 19%.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.85.96.86.80.0%
Poland1.82.12.42.815.9%
Denmark2.51.43.42.61.3%
Netherlands2.81.72.32.4-5.0%
Turkey2.11.91.92.10.0%
Ireland2.22.12.82.1-1.5%
Spain2.12.01.72.10.0%
India0.81.10.91.626.0%
Sweden1.51.51.51.50.0%
Germany3.44.04.61.3-27.4%
Egypt0.60.60.81.018.6%
Luxembourg0.50.40.51.026.0%
Belgium0.90.50.40.8-3.9%
Others15.09.511.213.2-4.2%
Total43.134.741.341.5-1.3%

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

  1. France (860.9 tons)
  2. Denmark (636.3 tons)
  3. Ireland (623.0 tons)
  4. Sweden (463.9 tons)
  5. Poland (434.8 tons)
  6. Belgium (337.4 tons)
  7. Netherlands (314.6 tons)
  8. Turkey (314.4 tons)
  9. India (313.4 tons)
  10. Germany (307.3 tons)
  11. Spain (219.8 tons)
  12. Egypt (155.1 tons)
  13. Luxembourg (114.5 tons)

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

Imports of felt; whether or not impregnated, coated, covered or laminateds into the UK rose to 11K tons in 2022, increasing by 3.5% on 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 6.5%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose notably to $40M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.86.510.912.020.8%
China5.54.56.15.92.4%
Turkey3.34.04.94.39.2%
Belgium0.90.91.23.354.2%
Italy2.72.43.23.03.6%
France0.91.10.92.438.7%
Spain3.00.40.21.6-18.9%
Netherlands0.80.51.21.420.5%
Others5.55.56.86.66.3%
Total29.325.935.640.511.4%

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

  1. Turkey (4.6K tons)
  2. Germany (2.2K tons)
  3. China (1.1K tons)
  4. Spain (1.0K tons)
  5. Italy (0.5K tons)
  6. Belgium (0.5K tons)
  7. France (0.4K tons)
  8. Netherlands (0.3K tons)

Source: IndexBox Market Intelligence Platform

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