Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium - 2024
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (FOB) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (CIF) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (FOB) - 2022
The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,483 per ton in 2022, picking up by 5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($1,921 per ton) and Italy ($1,599 per ton), while the average price for exports to Spain ($1,363 per ton) and the UK ($1,367 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (CIF) - 2022
The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,284 per ton in 2022, surging by 9.6% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses increased by +68.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($1,556 per ton), while the price for France ($594 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium
In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses from Belgium stood at 36K tons, with an increase of 8.4% compared with the previous year. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $53M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 6.6 | 11.4 | 20.5 | 113.7% |
| Germany | 11.0 | 10.7 | 15.4 | 12.7 | 4.9% |
| France | 5.1 | 4.6 | 5.0 | 5.5 | 2.5% |
| Italy | 2.4 | 2.4 | 6.1 | 5.1 | 28.6% |
| United States | 0.8 | 0.2 | 1.8 | 2.8 | 51.8% |
| Spain | 2.8 | 1.7 | 2.6 | 2.7 | -1.2% |
| Poland | 1.3 | 1.4 | 1.3 | 1.3 | 0.0% |
| Others | 3.9 | 4.9 | 2.9 | 2.6 | -12.6% |
| Total | 29.5 | 32.6 | 46.5 | 53.2 | 21.7% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Belgium in 2022:
- Netherlands (13.3K tons)
- Germany (8.9K tons)
- France (3.9K tons)
- Italy (3.2K tons)
- Spain (2.0K tons)
- United States (1.5K tons)
- Poland (0.9K tons)
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium
For the fourth year in a row, Belgium recorded growth in overseas purchases of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which increased by 23% to 24K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $31M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | 3.9 | 8.0 | 16.8 | 107.5% |
| Turkey | 3.7 | 2.7 | 5.7 | 6.0 | 17.5% |
| Netherlands | 3.1 | 2.8 | 3.0 | 2.5 | -6.9% |
| Germany | 1.5 | 1.0 | 2.3 | 2.5 | 18.6% |
| United Kingdom | 1.4 | 1.3 | 1.0 | 1.3 | -2.4% |
| Malaysia | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| France | 0.5 | 0.3 | 0.4 | 0.2 | -26.3% |
| Others | 2.4 | 4.6 | 2.8 | 1.6 | -12.6% |
| Total | 12.6 | 16.7 | 23.4 | 31.4 | 35.6% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Belgium in 2022:
- Morocco (10.8K tons)
- Turkey (5.0K tons)
- Netherlands (3.4K tons)
- Germany (1.9K tons)
- United Kingdom (1.6K tons)
- Malaysia (0.7K tons)
- France (0.4K tons)
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