Benelux: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Benelux

In 2022, the Benelux market for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 12% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the near future.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Benelux

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 35% against the previous year. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by -60.1% to X tons. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 83%. The volume of export peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank rapidly to $X in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 86% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium was the major exporter of polyester tow and staple, not carded, combed or otherwise processed for spinning in Benelux, with the volume of exports accounting for X tons, which was approx. 89% of total exports in 2022. It was distantly followed by the Netherlands (X tons), achieving an 11% share of total exports.

Belgium was also the fastest-growing in terms of the polyester tow and staple, not carded, combed or otherwise processed for spinning exports, with a CAGR of -6.7% from 2012 to 2022. The Netherlands (-11.7%) illustrated a downward trend over the same period. Belgium (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -6.4% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in Benelux, comprising 83% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium totaled -7.7%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, jumping by 26% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%).

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports in Benelux

In 2022, after two years of growth, there was significant decline in purchases abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by -32.1% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 20% against the previous year. The volume of import peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined rapidly to $X in 2022. Over the period under review, imports showed a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium was the major importer of polyester tow and staple, not carded, combed or otherwise processed for spinning in Benelux, with the volume of imports reaching X tons, which was approx. 61% of total imports in 2022. It was distantly followed by the Netherlands (X tons), achieving a 38% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +3.0%).

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +1.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, growing by 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably 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 Belgium (-0.2%).

Source: IndexBox Platform