Belgium - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Yarn Price in Belgium - 2023
Contents:
- Synthetic Yarn Price in Belgium (FOB) - 2023
- Synthetic Yarn Price in Belgium (CIF) - 2022
- Synthetic Yarn Exports in Belgium
- Synthetic Yarn Imports in Belgium
Synthetic Yarn Price in Belgium (FOB) - 2023
The average synthetic yarn export price stood at $7,466 per ton in July 2023, with a decrease of -15.5% against the previous month. Overall, export price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, synthetic yarn export price decreased by -19.8% against April 2023 indices. The growth pace was the most rapid in April 2023 an increase of 31% against the previous month. As a result, the export price reached the peak level of $9,303 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($32,476 per ton), while the average price for exports to the Netherlands ($2,593 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Yarn Price in Belgium (CIF) - 2022
The average synthetic yarn import price stood at $4,120 per ton in 2022, surging by 28% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $4,141 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,866 per ton), while the price for Japan ($1,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Yarn Exports in Belgium
In 2022, shipments abroad of yarn of synthetic or artificial staple fibers decreased by -33.2% to 8.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a pronounced slump. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year.
In value terms, synthetic yarn exports dropped significantly to $57M in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of $71M, and then fell markedly in the following year.
Export of Synthetic Yarn in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 34.5 | 27.3 | 24.5 | 19.4 | -17.5% |
Germany | 4.8 | 6.5 | 7.2 | 7.5 | 16.0% |
Spain | 1.5 | 1.9 | 5.5 | 5.9 | 57.9% |
Algeria | 6.5 | 6.5 | 8.4 | 5.3 | -6.6% |
Italy | 2.0 | 2.1 | 3.6 | 3.2 | 17.0% |
Austria | 1.5 | 2.1 | 3.7 | 2.5 | 18.6% |
United Kingdom | 2.2 | 1.8 | 2.0 | 2.1 | -1.5% |
Romania | 2.8 | 3.8 | 3.1 | 2.0 | -10.6% |
Netherlands | 2.2 | 2.6 | 2.6 | 1.7 | -8.2% |
Denmark | 1.1 | 1.3 | 1.4 | 1.1 | 0.0% |
Poland | 1.9 | 1.5 | 1.8 | 1.1 | -16.7% |
United States | 1.2 | 1.0 | 0.9 | 0.8 | -12.6% |
Czech Republic | 0.5 | 0.6 | 0.9 | 0.4 | -7.2% |
Others | 5.3 | 4.5 | 5.0 | 3.5 | -12.9% |
Total | 68.0 | 63.6 | 70.8 | 56.5 | -6.0% |
Top Export Markets for Synthetic Yarn from Belgium in 2022:
- Germany (2104.4 tons)
- France (1485.8 tons)
- Spain (898.3 tons)
- Austria (787.4 tons)
- Italy (500.9 tons)
- Netherlands (491.2 tons)
- Romania (467.3 tons)
- United Kingdom (373.1 tons)
- Poland (327.2 tons)
- Denmark (225.8 tons)
- Algeria (179.5 tons)
- United States (145.5 tons)
- Czech Republic (134.6 tons)
Synthetic Yarn Imports in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of yarn of synthetic or artificial staple fibers, when their volume decreased by -40.1% to 12K tons. Over the period under review, imports showed a deep contraction. The growth pace was the most rapid in 2020 with an increase of 27%.
In value terms, synthetic yarn imports contracted rapidly to $50M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $65M, and then reduced markedly in the following year.
Import of Synthetic Yarn in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 15.2 | 16.3 | 18.7 | 16.7 | 3.2% |
India | 14.1 | 11.3 | 18.4 | 10.8 | -8.5% |
Netherlands | 2.8 | 3.7 | 4.7 | 3.4 | 6.7% |
Italy | 1.4 | 2.5 | 3.2 | 3.2 | 31.7% |
France | 3.5 | 5.1 | 6.8 | 3.1 | -4.0% |
Morocco | 0.7 | 1.1 | 0.7 | 2.0 | 41.9% |
Vietnam | 1.0 | 1.8 | 1.4 | 1.6 | 17.0% |
Thailand | 0.4 | 0.5 | 1.3 | 1.6 | 58.7% |
Turkey | 0.9 | 1.3 | 2.1 | 1.5 | 18.6% |
Slovenia | 0.6 | 0.3 | 1.0 | 1.2 | 26.0% |
Pakistan | 0.1 | 0.2 | 0.2 | 0.9 | 108.0% |
Japan | 0.4 | 0.5 | 0.5 | 0.3 | -9.1% |
Others | 4.9 | 7.5 | 5.8 | 3.5 | -10.6% |
Total | 46.0 | 52.1 | 64.9 | 49.8 | 2.7% |
Top Suppliers of Synthetic Yarn to Belgium in 2022:
- Indonesia (4886.2 tons)
- India (2994.2 tons)
- France (697.6 tons)
- Netherlands (441.4 tons)
- Pakistan (419.4 tons)
- Vietnam (414.5 tons)
- Morocco (374.6 tons)
- Japan (304.1 tons)
- Italy (297.4 tons)
- Turkey (254.7 tons)
- Thailand (241.2 tons)
- Slovenia (196.4 tons)
This report provides an in-depth analysis of the synthetic yarn market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
- Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
- Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
- Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
- Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
- Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
- Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
- Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
- Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the synthetic yarn market in Belgium.
This report provides an in-depth analysis of the global synthetic yarn market.
This report provides an in-depth analysis of the synthetic yarn market in Belgium.
This report provides an in-depth analysis of the global synthetic yarn market.
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
In value terms, synthetic monofilament imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consis...
In value terms, synthetic monofilament exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
In value terms, synthetic monofilament imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consis...
In value terms, synthetic monofilament exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...