Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium (CIF) - 2023
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium (CIF) - 2023

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $4,285 per ton in November 2023, picking up by 17% against the previous month. Overall, the import price showed a mild expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 1,084% month-to-month. As a result, import price attained the peak level of $86,129 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($62,382 per ton), while the price for Germany amounted to $3,706 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $3,815 per ton in 2022, dropping by -8.7% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $7,930 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($30,743 per ton), while the average price for exports to Luxembourg ($618 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 Democratic Republic of the Congo (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium

In 2022, purchases abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $8.9M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Belgium in 2022:

1. Germany (864.5 tons)
2. Netherlands (248.7 tons)
3. Poland (79.6 tons)
4. France (52.5 tons)
5. Sweden (32.0 tons)
6. China (23.6 tons)
7. Spain (7.4 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Belgium

In 2022, overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -55.8% to 94 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 367% against the previous year. As a result, the exports reached the peak of 212 tons, and then dropped markedly in the following year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses plummeted to $358K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 347%. As a result, the exports reached the peak of $887K, and then contracted sharply in the following year.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Belgium in 2022:

1. France (33.4 tons)
2. Germany (22.6 tons)
3. Netherlands (20.6 tons)
4. Luxembourg (12.8 tons)
5. Democratic Republic of the Congo (2.1 tons)

Source: IndexBox Market Intelligence Platform