Price for Fibres; Synthetic Filament Tow, of Polyesters in Belgium - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Belgium (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Belgium (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Belgium
  4. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Belgium

Price for Fibres; Synthetic Filament Tow, of Polyesters in Belgium (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $1,535 per ton, growing by 17% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2020 an increase of 414%. As a result, the export price attained the peak level of $7,271 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($14,204 per ton), while the average price for exports to Germany ($1,178 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 UK (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Belgium (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $858 per ton, with an increase of 13% against the previous year. Over the period under review, the import price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 98%. Over the period under review, average import prices hit record highs at $3,302 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 France ($14,630 per ton), while the price for Germany ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Belgium

Exports of fibres; synthetic filament tow, of polyesterses from Belgium surged to 268 tons in 2022, rising by 43% on 2021 figures. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 566%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of fibres; synthetic filament tow, of polyesterses soared to $411K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 225% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A21328533.8%
ThailandN/A43.8N/A73.829.8%
France17.4N/AN/A27.516.5%
Netherlands36.6N/AN/A8.9-37.6%
Turkey1.411.9N/A1.3-2.4%
ChinaN/A98.7N/AN/A0%
ItalyN/AN/A25.9N/A0%
Others7.550.07.514.524.6%
Total62.920424641187.0%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Belgium in 2022:

  1. Germany (242.1 tons)
  2. France (15.6 tons)
  3. Thailand (5.5 tons)
  4. Netherlands (2.0 tons)
  5. Turkey (1.5 tons)

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Belgium

Imports of fibres; synthetic filament tow, of polyesterses into Belgium soared to 317 tons in 2022, jumping by 22% against the previous year. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polyesterses skyrocketed to $272K in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 265%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A2.9131173672.4%
Germany86.948.952.748.1-17.9%
China0.2N/A0.346.1513.1%
Indonesia56.6N/AN/AN/A0%
Others0.42.413.35.2135.1%
Total14454.219727223.6%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Belgium in 2022:

  1. Germany (201.9 tons)
  2. India (106.2 tons)
  3. China (8.4 tons)

Source: IndexBox Market Intelligence Platform

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