Life-Jackets and Life-Belts Price in Belgium - 2023
Contents:
- Life-Jackets and Life-Belts Price in Belgium (FOB) - 2023
- Life-Jackets and Life-Belts Price in Belgium (CIF) - 2022
- Life-Jackets and Life-Belts Exports in Belgium
- Life-Jackets and Life-Belts Imports in Belgium
Life-Jackets and Life-Belts Price in Belgium (FOB) - 2023
In June 2023, the average life-jackets and life-belts export price amounted to $34,946 per ton, declining by -4.7% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 69% month-to-month. The export price peaked at $51,579 per ton in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($88,536 per ton), while the average price for exports to Cameroon ($18,194 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 (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Belgium (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $44,460 per ton, increasing by 57% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, life-jackets and life-belts import price increased by +63.3% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 57%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($112,000 per ton), while the price for Poland ($15,030 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Exports in Belgium
After three years of growth, shipments abroad of life-jackets and life-beltses decreased by -75.4% to 75 tons in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 347%.
In value terms, life-jackets and life-belts exports fell rapidly to $4.4M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 195% against the previous year.
| Export of Life-Jackets and Life-Belts in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 266 | 1,426 | 1,328 | 1,063 | 58.7% |
| United Kingdom | 548 | 1,354 | 1,738 | 1,004 | 22.4% |
| Finland | 50.3 | 607 | 1,404 | 524 | 118.4% |
| Netherlands | 319 | 848 | 921 | 410 | 8.7% |
| Romania | 8.0 | 300 | 562 | 396 | 267.2% |
| Ireland | 126 | 567 | 656 | 237 | 23.4% |
| Germany | 92.7 | 374 | 438 | 200 | 29.2% |
| Norway | 10.6 | 351 | 267 | 112 | 119.4% |
| Poland | 92.8 | 249 | 224 | 81.9 | -4.1% |
| United Arab Emirates | N/A | 5.7 | 12.5 | 28.7 | 124.4% |
| New Zealand | 783 | 501 | 1,613 | 16.3 | -72.5% |
| Others | 200 | 779 | 1,008 | 347 | 20.2% |
| Total | 2,496 | 7,362 | 10,171 | 4,420 | 21.0% |
Top Export Markets for Life-Jackets and Life-Belts from Belgium in 2022:
- France (15.1 tons)
- United Kingdom (13.5 tons)
- Finland (9.3 tons)
- Romania (8.9 tons)
- Ireland (7.0 tons)
- Netherlands (5.5 tons)
- Germany (3.2 tons)
- United Arab Emirates (2.2 tons)
- Norway (1.6 tons)
- Poland (1.3 tons)
- New Zealand (0.7 tons)
Life-Jackets and Life-Belts Imports in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of life-jackets and life-beltses, when their volume decreased by -69.3% to 109 tons. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year.
In value terms, life-jackets and life-belts imports contracted notably to $4.8M in 2022. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year.
| Import of Life-Jackets and Life-Belts in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,987 | 3,819 | 6,423 | 3,361 | 19.1% |
| China | 311 | 939 | 1,679 | 466 | 14.4% |
| Indonesia | N/A | 2.8 | 373 | 360 | 1033.9% |
| Netherlands | 206 | 229 | 402 | 157 | -8.7% |
| France | 182 | 256 | 337 | 141 | -8.2% |
| Poland | 122 | 254 | 196 | 108 | -4.0% |
| Myanmar | N/A | 162 | N/A | N/A | 0% |
| Others | 614 | 604 | 599 | 231 | -27.8% |
| Total | 3,421 | 6,266 | 10,009 | 4,824 | 12.1% |
Top Suppliers of Life-Jackets and Life-Belts to Belgium in 2022:
- Romania (60.8 tons)
- China (19.8 tons)
- Indonesia (8.6 tons)
- Poland (7.2 tons)
- Netherlands (4.0 tons)
- France (3.0 tons)
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