Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium - 2023

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium (CIF) - 2023
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium (CIF) - 2023

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $19,142 per ton in November 2023, increasing by 158% against the previous month. Over the period under review, import price indicated a tangible increase from November 2022 to November 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for twine, cordage or rope; knotted netting, of other than man-made textileses increased by +157.7% against October 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($41,769 per ton), while the price for Canada ($5,781 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium (FOB) - 2022

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $8,214 per ton in 2022, jumping by 39% against the previous year. Overall, the export price recorded moderate growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 80% against the previous year. As a result, the export price reached the peak level of $11,378 per ton. From 2014 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 Gabon ($14,917 per ton), while the average price for exports to Luxembourg ($4,488 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 Gabon (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of twine, cordage or rope; knotted netting, of other than man-made textileses, when their volume decreased by -19.4% to 232 tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 58%.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses fell markedly to $2.5M in 2022. Overall, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $3M, and then dropped dramatically in the following year.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Belgium in 2022:

1. Netherlands (117.3 tons)
2. Italy (34.9 tons)
3. Sri Lanka (28.6 tons)
4. China (25.0 tons)
5. Germany (9.5 tons)
6. Greece (5.0 tons)
7. Spain (4.5 tons)
8. France (1.1 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Belgium

In 2022, overseas shipments of twine, cordage or rope; knotted netting, of other than man-made textileses decreased by -47.3% to 81 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 246%. As a result, the exports reached the peak of 210 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses dropped notably to $664K in 2022. Over the period under review, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by 177% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Belgium in 2022:

1. France (42.8 tons)
2. United Kingdom (8.9 tons)
3. Germany (8.3 tons)
4. Netherlands (8.1 tons)
5. Italy (5.3 tons)
6. Switzerland (1.5 tons)
7. Luxembourg (1.3 tons)
8. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform