Benelux: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2025

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Benelux

In 2021, the Benelux market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 17% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a perceptible downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Benelux

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021 estimated in export price. In general, production, however, showed a perceptible contraction. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports in Benelux

After five years of decline, overseas shipments of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 14% to X tons in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021. Total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium prevails in spinning structure, amounting to X tons, which was approx. 98% of total exports in 2021. The Netherlands (X tons) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning. At the same time, the Netherlands (+3.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +3.5% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in Benelux, comprising 98% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belgium totaled +1.8%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, surging by 46% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.2%).

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports in Benelux

In 2021, supplies from abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 0.7% to X tons, rising for the second year in a row after five years of decline. Overall, imports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 17% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. In general, imports, however, recorded a perceptible descent. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands was the key importer of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Benelux, with the volume of imports recording X tons, which was approx. 85% of total imports in 2021. It was distantly followed by Belgium (X tons), committing a 15% share of total imports.

The Netherlands was also the fastest-growing in terms of the polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning imports, with a CAGR of -1.6% from 2012 to 2021. Belgium (-9.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +13 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Benelux, comprising 87% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports.

In the Netherlands, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, rising by 42% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%).

Source: IndexBox Platform