Belgium - High-Tenacity Filament Yarn Of Polyesters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for High-Tenacity Filament Polyester Yarn in Belgium - 2023
Contents:
- Price for High-Tenacity Filament Polyester Yarn in Belgium (CIF) - 2023
- Price for High-Tenacity Filament Polyester Yarn in Belgium (FOB) - 2023
- Imports of High-Tenacity Filament Polyester Yarn in Belgium
- Exports of High-Tenacity Filament Polyester Yarn in Belgium
Price for High-Tenacity Filament Polyester Yarn in Belgium (CIF) - 2023
In June 2023, the average high-tenacity filament polyester yarn import price amounted to $1,987 per ton, growing by 2.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 17% against the previous month. The import price peaked at $2,338 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($2,794 per ton), while the price for Germany ($1,455 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for High-Tenacity Filament Polyester Yarn in Belgium (FOB) - 2023
In June 2023, the average high-tenacity filament polyester yarn export price amounted to $2,278 per ton, increasing by 10% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 27% month-to-month. As a result, the export price attained the peak level of $2,535 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Portugal ($2,667 per ton), while the average price for exports to Spain ($1,542 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of High-Tenacity Filament Polyester Yarn in Belgium
In 2022, supplies from abroad of high-tenacity filament yarn of polyesters decreased by -5.2% to 22K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports reached the peak of 23K tons, and then dropped in the following year.
In value terms, high-tenacity filament polyester yarn imports shrank to $43M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $48M, and then shrank in the following year.
Import of High-Tenacity Filament Polyester Yarn in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.2 | 11.9 | 22.6 | 27.1 | 18.7% |
Germany | 10.4 | 8.4 | 12.3 | 5.6 | -18.6% |
South Korea | 6.3 | 4.9 | 3.4 | 4.8 | -8.7% |
Spain | 0.1 | 0.4 | 5.3 | 2.3 | 184.4% |
Taiwan (Chinese) | N/A | 0.3 | 0.9 | 0.7 | 52.8% |
France | 6.6 | 7.3 | 0.2 | 0.1 | -75.3% |
Others | 3.6 | 4.6 | 2.9 | 2.0 | -17.8% |
Total | 43.1 | 37.8 | 47.6 | 42.7 | -0.3% |
Top Suppliers of High-Tenacity Filament Polyester Yarn to Belgium in 2022:
- China (15.2K tons)
- South Korea (2.3K tons)
- Germany (2.1K tons)
- Spain (0.9K tons)
- Taiwan (Chinese) (0.3K tons)
- France (0.1K tons)
Exports of High-Tenacity Filament Polyester Yarn in Belgium
In 2022, after three years of growth, there was decline in overseas shipments of high-tenacity filament yarn of polyesters, when their volume decreased by -3.1% to 13K tons. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 48% against the previous year.
In value terms, high-tenacity filament polyester yarn exports dropped to $25M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports attained the peak of $28M, and then dropped in the following year.
Export of High-Tenacity Filament Polyester Yarn in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.5 | 6.3 | 9.4 | 9.8 | 169.6% |
Germany | 8.6 | 9.0 | 9.9 | 7.3 | -5.3% |
Netherlands | 1.0 | 0.7 | 2.3 | 2.4 | 33.9% |
Czech Republic | 4.8 | 2.7 | 2.4 | 1.3 | -35.3% |
Italy | 0.4 | 0.5 | 1.0 | 0.7 | 20.5% |
Portugal | 0.1 | 0.2 | 0.3 | 0.6 | 81.7% |
Spain | 0.1 | 0.3 | 0.7 | 0.4 | 58.7% |
Others | 2.2 | 2.1 | 1.9 | 2.4 | 2.9% |
Total | 17.7 | 21.8 | 27.9 | 24.9 | 12.0% |
Top Export Markets for High-Tenacity Filament Polyester Yarn from Belgium in 2022:
- France (5.0K tons)
- Germany (3.9K tons)
- Netherlands (1.3K tons)
- Czech Republic (0.6K tons)
- Italy (0.5K tons)
- Portugal (0.3K tons)
- Spain (0.3K tons)
This report provides an in-depth analysis of the market for high-tenacity filament polyester yarn in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601260 - High-tenacity filament yarn of polyesters (excluding that put up for retail sale)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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