Benelux: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Benelux

In 2022, after three years of growth, there was decline in the Benelux jute and jute-like fibers market, when its value decreased by -0.8% to $X. Overall, consumption showed a buoyant expansion. As a result, consumption reached the peak level of $X, leveling off in the following year.

Production of Jute And Jute-Like Fibers in Benelux

In value terms, jute and jute-like fibers production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then fell in the following year.

Belgium (X tons) constituted the country with the largest volume of jute and jute-like fibers production, accounting for 99% of total volume.

In Belgium, jute and jute-like fibers production remained relatively stable over the period from 2012-2022.

Exports of Jute And Jute-Like Fibers

Exports in Benelux

In 2022, shipments abroad of jute and jute-like fibers decreased by -9.7% to X tons, falling for the third consecutive year after four years of growth. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 34%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, jute and jute-like fibers exports shrank to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 +16.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Belgium dominates exports structure, resulting at X tons, which was near 94% of total exports in 2022. It was distantly followed by the Netherlands (X tons), constituting a 5.6% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of jute and jute-like fibers. At the same time, the Netherlands (+4.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +4.3% from 2012-2022. The Netherlands (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -2.1% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest jute and jute-like fibers supplier in Benelux, comprising 74% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium amounted to +2.6%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, increasing by 3.6% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jute and jute-like fibers export price increased by +77.0% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 40%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%).

Imports of Jute And Jute-Like Fibers

Imports in Benelux

In 2022, approx. X tons of jute and jute-like fibers were imported in Benelux; which is down by -14.8% on the year before. In general, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 116%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports fell to $X in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 580% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, the Netherlands (X tons) was the key importer of jute and jute-like fibers, achieving 85% of total imports. It was distantly followed by Belgium (X tons), making up a 15% share of total imports.

The Netherlands was also the fastest-growing in terms of the jute and jute-like fibers imports, with a CAGR of +24.8% from 2012 to 2022. Belgium (-10.5%) illustrated a downward trend over the same period. The Netherlands (+68 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -68% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported jute and jute-like fibers in Benelux, comprising 94% of total imports. The second position in the ranking was held by Belgium ($X), with a 6.4% share of total imports.

In the Netherlands, jute and jute-like fibers imports expanded at an average annual rate of +34.9% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by 7.8% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2021 when the import price increased by 215% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.1%).

Source: IndexBox Platform