Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium (FOB) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium (CIF) - 2024
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium (FOB) - 2024

In January 2024, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $5,019 per ton, increasing by 68% against the previous month. Over the period under review, the export price posted slight growth. The growth pace was the most rapid in February 2023 an increase of 1,247% m-o-m. Over the period under review, the average export prices attained the peak figure at $81,419 per ton in September 2023; however, from October 2023 to January 2024, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In January 2024, the country with the highest price was Germany ($6,132 per ton), while the average price for exports to Brazil totaled $4,828 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium (CIF) - 2024

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $521 per ton in January 2024, with a decrease of -65.5% against the previous month. In general, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in December 2023 an increase of 18% month-to-month. The import price peaked at $3,207 per ton in April 2023; however, from May 2023 to January 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From January 2023 to January 2024, the rate of growth in terms of prices for Vietnam amounted to -14.8% per month.

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium

For the fourth year in a row, Belgium recorded growth in shipments abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters, which increased by 1,214% to 10K tons in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,775% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $29M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,395% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Belgium in 2022:

1. Luxembourg (9.9K tons)
2. France (0.3K tons)
3. Germany (0.1K tons)

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas purchases of textile fabrics; tyrecord of high tenacity yarn of polyesters, which increased by 897% to 9.6K tons in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 6,053% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters soared to $27M in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,733% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Belgium in 2022:

1. Vietnam (9.4K tons)
2. South Korea (0.2K tons)
3. China (0.1K tons)

Source: IndexBox Market Intelligence Platform