Price for Fine or Coarse Animal Hair, Not Carded or Combed in Belgium - 2024

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Belgium (FOB) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Belgium (CIF) - 2022
3. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Belgium
4. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Belgium

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Belgium (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $4,898 per ton, with an increase of 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2016 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($15,234 per ton), while the average price for exports to Germany ($2,748 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 the Netherlands (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Belgium (CIF) - 2022

In 2022, the average import price for fine or coarse animal hair, not carded or combed amounted to $3,995 per ton, increasing by 12% against the previous year. In general, the import price posted a moderate increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 142% against the previous year. As a result, import price attained the peak level of $4,045 per ton; afterwards, it flattened through to 2022.

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 ($11,265 per ton), while the price for China ($1,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Belgium

In 2022, overseas shipments of fine or coarse animal hair, not carded or combed decreased by -25% to 1.5K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 198%. As a result, the exports reached the peak of 2.3K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fine or coarse animal hair, not carded or combed contracted to $7.4M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 138% against the previous year.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Belgium in 2022:

1. Germany (1378.4 tons)
2. Ireland (62.6 tons)
3. Czech Republic (37.9 tons)

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Belgium

In 2022, supplies from abroad of fine or coarse animal hair, not carded or combed decreased by -14.9% to 362 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp setback. The growth pace was the most rapid in 2020 when imports increased by 16%. As a result, imports reached the peak of 835 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fine or coarse animal hair, not carded or combed shrank slightly to $1.4M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 decreased by -24.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 80%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Belgium in 2022:

1. China (189.8 tons)
2. Germany (89.8 tons)
3. Italy (77.4 tons)

Source: IndexBox Market Intelligence Platform