Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (FOB) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (CIF) - 2022
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,464 per ton in 2022, shrinking by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $4,702 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,291 per ton), while the average price for exports to Luxembourg ($3,055 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 the UK (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,122 per ton in 2022, growing by 6.4% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for felt; whether or not impregnated, coated, covered or laminateds increased by +57.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 32% against the previous year. 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 Canada ($6,603 per ton), while the price for Slovenia ($2,153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium

In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Belgium dropped notably to 7.2K tons, waning by -23.9% on the year before. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 9.4K tons, and then plummeted in the following year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds contracted notably to $32M in 2022. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 79%. As a result, the exports attained the peak of $44M, and then shrank significantly in the following year.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.07.111.89.55.9%
Germany6.64.66.44.9-9.5%
Netherlands2.62.75.54.015.4%
United Kingdom1.92.02.53.421.4%
Luxembourg1.91.52.71.3-11.9%
Denmark0.40.91.61.244.2%
Russia2.80.71.91.1-26.8%
Spain0.10.51.10.9108.0%
Italy0.91.04.50.7-8.0%
Others3.33.86.35.014.9%
Total28.624.844.332.03.8%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Belgium in 2022:

  1. France (2184.8 tons)
  2. Netherlands (1134.7 tons)
  3. Germany (1107.7 tons)
  4. United Kingdom (466.6 tons)
  5. Luxembourg (422.4 tons)
  6. Denmark (345.4 tons)
  7. Russia (324.1 tons)
  8. Spain (274.6 tons)
  9. Italy (61.8 tons)

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium

In 2022, supplies from abroad of felt; whether or not impregnated, coated, covered or laminateds was finally on the rise to reach 7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt setback.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose significantly to $29M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.74.77.26.54.5%
Netherlands2.65.03.64.520.1%
Germany4.74.75.24.5-1.4%
United Kingdom5.21.91.12.3-23.8%
Spain1.71.21.22.29.0%
China0.51.92.42.161.3%
TurkeyN/A1.11.21.38.7%
Czech Republic1.11.01.11.35.7%
Canada1.31.10.71.2-2.6%
Slovenia1.00.30.30.3-33.1%
Estonia1.2N/AN/AN/A0%
Others1.71.63.02.818.1%
Total26.924.527.029.02.5%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Belgium in 2022:

  1. France (2319.7 tons)
  2. Spain (927.6 tons)
  3. Germany (799.2 tons)
  4. Netherlands (737.7 tons)
  5. United Kingdom (502.5 tons)
  6. Turkey (419.0 tons)
  7. China (330.9 tons)
  8. Czech Republic (247.1 tons)
  9. Canada (184.6 tons)
  10. Slovenia (150.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Felt; whether or not impregnated, coated, covered or laminated - Belgium