Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium - 2023

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $3,823 per ton, rising by 4.5% against the previous year. Overall, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 25%. The import price peaked at $8,876 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 France ($18,462 per ton), while the price for the Netherlands ($2,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $3,251 per ton, picking up by 4.9% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 30% against the previous year. The export price peaked at $6,358 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($11,098 per ton), while the average price for exports to the Netherlands ($2,423 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 Germany (+5.6%), while the prices for the other major destinations experienced a decline.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium

After three years of growth, purchases abroad of wadding; other articles thereof, of man-made fibreses decreased by -7.4% to 973 tons in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 118%. As a result, imports reached the peak of 1K tons, and then shrank in the following year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses dropped to $3.7M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 +78.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $3.8M, and then shrank slightly in the following year.

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Belgium in 2022:

1. Netherlands (658.8 tons)
2. China (94.3 tons)
3. Germany (76.3 tons)
4. Hungary (53.1 tons)
5. Lithuania (29.4 tons)
6. Italy (17.6 tons)
7. France (15.4 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Belgium

In 2022, overseas shipments of wadding; other articles thereof, of man-made fibreses decreased by -41.6% to 427 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports attained the peak of 755 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wadding; other articles thereof, of man-made fibreses declined significantly to $1.4M in 2022. Overall, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 42%.

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Belgium in 2022:

1. Netherlands (238.3 tons)
2. France (147.6 tons)
3. Germany (6.6 tons)
4. Poland (3.7 tons)
5. Spain (3.7 tons)
6. Czech Republic (0.3 tons)

Source: IndexBox Market Intelligence Platform