Belgium: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Belgium

The Belgian market for nets of twine, cordage, rope or textile materials surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate significant growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Belgium

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, twine, cordage or textile net exports contracted remarkably to $X in 2022. Overall, exports recorded a perceptible decline. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of twine, cordage or textile net exports from Belgium, with a combined X% share of total exports. Spain, the UK and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for twine, cordage or textile net exported from Belgium were France ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price 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, twine, cordage or textile net export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($X per ton), while the average price for exports to Germany ($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 the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in purchases abroad of nets of twine, cordage, rope or textile materials, which increased by X% to X tons in 2022. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, twine, cordage or textile net imports surged to $X in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Sri Lanka (X tons) constituted the largest twine, cordage or textile net supplier to Belgium, accounting for a X% share of total imports. Moreover, twine, cordage or textile net imports from Sri Lanka exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sri Lanka stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

In value terms, the largest twine, cordage or textile net suppliers to Belgium were Sri Lanka ($X), the Netherlands ($X) and China ($X), together accounting for X% of total imports. Poland, France, Tunisia, Greece, Luxembourg, Germany, Spain and the Czech Republic lagged somewhat behind, together comprising a further X%.

Tunisia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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