Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium - 2024

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium
  4. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (FOB) - 2022

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $1,840 per ton in 2022, jumping by 131% against the previous year. In general, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices reached the maximum at $9,615 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,827 per ton), while the average price for exports to Germany ($740 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 China (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $1,647 per ton, with an increase of 29% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of 143% against the previous year. As a result, import price attained the peak level of $9,099 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,274 per ton), while the price for Germany ($867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium

In 2022, exports of fibres; synthetic filament tow, acrylic or modacrylics from Belgium skyrocketed to 190 tons, with an increase of 414% compared with the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 8,800%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics soared to $214K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,145% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ChinaN/A11.9123933.6%
GermanyN/A17.688.0400.0%
NetherlandsN/AN/A3.00%
Others0.6N/AN/A0%
Total0.629.52141788.6%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Belgium in 2022:

  1. Germany (119.0 tons)
  2. China (67.4 tons)
  3. Netherlands (3.8 tons)

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium

In 2022, approx. 89 tons of fibres; synthetic filament tow, acrylic or modacrylics were imported into Belgium; with a decrease of -21.1% on 2021 figures. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,086%. As a result, imports attained the peak of 113 tons, and then fell rapidly in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics declined to $146K in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 412%. As a result, imports attained the peak of $159K, and then contracted in the following year.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A34.7100188.2%
TurkeyN/A0.4N/A19.6600.0%
France67.830.322.69.6-47.9%
GermanyN/AN/A67.12.3-96.6%
PortugalN/AN/A20.6N/A0%
Italy25.3N/A12.2N/A-30.6%
Others4.80.21.414.845.5%
Total97.931.015914614.3%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Belgium in 2022:

  1. Hungary (69.3 tons)
  2. Turkey (13.8 tons)
  3. Germany (2.7 tons)
  4. France (2.0 tons)

Source: IndexBox Market Intelligence Platform

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