Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Belgium - 2024

Contents:

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

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

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $12,621 per ton, surging by 19% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 101%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Spain ($28,769 per ton), while the price for France ($4,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $16,390 per ton, growing by 33% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 182% against the previous year. As a result, the export price attained the peak level of $21,900 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 Spain ($47,136 per ton), while the average price for exports to Central African Republic ($2,542 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 Cyprus (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -72.5% to 53 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 535%. As a result, imports attained the peak of 397 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced sharply to $665K in 2022. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2020 with an increase of 663%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3263,2471,83544711.1%
United States6.812.00.363.5110.6%
France52.029.235.653.81.1%
PakistanN/A43.248.940.8-2.8%
Netherlands16.415.126.930.923.5%
Germany39.718.423.526.3-12.8%
Others2.312.367.33.110.5%
Total4433,3772,03766514.5%

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

  1. China (30.8 tons)
  2. France (11.2 tons)
  3. United States (3.2 tons)
  4. Germany (3.2 tons)
  5. Pakistan (2.6 tons)
  6. Netherlands (1.6 tons)

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

In 2022, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -78.3% to 36 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 5,420% against the previous year. As a result, the exports reached the peak of 324 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses dropped rapidly to $590K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,334% against the previous year. As a result, the exports reached the peak of $3.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France36.486.917320176.8%
Germany6.71401,433156185.6%
SpainN/AN/A11.365.7481.4%
ItalyN/A41.563.040.5-1.2%
Hungary1.450.420120.6145.0%
Netherlands9.112.917.319.929.8%
Central African RepublicN/AN/AN/A14.60%
CyprusN/AN/A0.48.01900.0%
United Kingdom0.22,6246.87.3231.7%
Others74.516914356.6-8.8%
Total1283,1242,05059066.4%

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

  1. France (13.3 tons)
  2. Germany (7.8 tons)
  3. Central African Republic (5.7 tons)
  4. Netherlands (2.3 tons)
  5. Italy (1.7 tons)
  6. Spain (1.4 tons)
  7. Cyprus (1.0 tons)
  8. Hungary (0.7 tons)
  9. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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