Belgium: Sisal Binder Market 2025

Sisal Binder Market Size in Belgium

The Belgian sisal binder market declined to $X in 2022, with a decrease of -11.2% against the previous year. Overall, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +66.8% against 2020 indices. Sisal binder consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Sisal Binder Production in Belgium

In value terms, sisal binder production contracted remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2015 with an increase of 240% against the previous year. Sisal binder production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Sisal Binder Exports

Exports from Belgium

After three years of growth, shipments abroad of sisal binder or baler (agricultural) twines decreased by -61% to X tons in 2022. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 258%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, sisal binder exports shrank dramatically to $X in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 303% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and Luxembourg (X tons) were the main destinations of sisal binder exports from Belgium, with a combined 91% share of total exports. The UK, Poland and Portugal lagged somewhat behind, together comprising a further 6.2%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +108.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and the UK ($X) constituted the largest markets for sisal binder exported from Belgium worldwide, together accounting for 87% of total exports.

The UK, with a CAGR of +112.3%, saw the highest growth rate of 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

The average sisal binder export price stood at $X per ton in 2022, growing by 28% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 Czech Republic (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Belgium

In 2022, after three years of growth, there was significant decline in supplies from abroad of sisal binder or baler (agricultural) twines, when their volume decreased by -34.9% to X tons. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of 242%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, sisal binder imports shrank markedly to $X in 2022. In general, imports recorded a slight slump. The most prominent rate of growth was recorded in 2013 when imports increased by 198%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brazil (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of sisal binder imports to Belgium, together accounting for 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +29.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sisal binder suppliers to Belgium were the Netherlands ($X), Brazil ($X) and France ($X), with a combined 90% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +32.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sisal binder import price stood at $X per ton in 2022, with an increase of 26% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sisal binder import price increased by +44.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 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 the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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