Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium - 2023

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium (CIF) - 2022
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium (FOB) - 2023
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium (CIF) - 2022

In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,965 per ton, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($7,110 per ton), while the price for the Netherlands ($1,498 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium (FOB) - 2023

In November 2023, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,943 per ton, dropping by -42.2% against the previous month. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in October 2023 an increase of 350% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,064 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From December 2022 to November 2023, the rate of growth in terms of prices for France amounted to +10.3% per month.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium

After two years of decline, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning increased by 36% to 4.5K tons in 2022. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $13M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +70.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Belgium in 2022:

1. Austria (1049.9 tons)
2. China (968.6 tons)
3. India (665.8 tons)
4. France (477.4 tons)
5. Thailand (433.0 tons)
6. Netherlands (420.7 tons)
7. Germany (180.7 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of artificial staple fibres, not carded, combed or otherwise processed for spinning, which increased by 124% to 1.5K tons in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 224%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $3.7M in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 170%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Belgium in 2022:

1. France (1272.9 tons)
2. Greece (89.6 tons)
3. Poland (45.8 tons)
4. Italy (33.9 tons)

Source: IndexBox Market Intelligence Platform