Belgium: Metallised Yarn Market 2024

Metallised Yarn Market Size in Belgium

The Belgian metallised yarn market reduced notably to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metallised Yarn Production in Belgium

In value terms, metallised yarn production reduced modestly to $X in 2022 estimated in export price. In general, production showed a perceptible slump. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Metallised Yarn Exports

Exports from Belgium

In 2022, shipments abroad of metallised yarn and strip decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined modestly in the following year.

In value terms, metallised yarn exports fell to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for metallised yarn exports from Belgium, with a X% share of total exports. Moreover, metallised yarn exports to France exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Turkey (X% per year).

In value terms, France ($X), Germany ($X) and Hungary ($X) constituted the largest markets for metallised yarn exported from Belgium worldwide, with a combined X% share of total exports. Slovenia, Turkey, the United States, Italy, China, Israel, Russia, the Netherlands and Pakistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metallised yarn export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Hungary ($X per ton), while the average price for exports to Israel ($X 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 Slovenia (X%), while the prices for the other major destinations experienced a decline.

Metallised Yarn Imports

Imports into Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of metallised yarn and strip, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, metallised yarn imports dropped dramatically to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest metallised yarn supplier to Belgium, accounting for a X% share of total imports. Moreover, metallised yarn imports from France exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Turkey (X% per year).

In value terms, France ($X) constituted the largest supplier of metallised yarn and strip to Belgium, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Slovenia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Slovenia (X% per year).

Import Prices by Country

In 2022, the average metallised yarn import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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