EU: Sisal Binder Market 2025

Sisal Binder Market Size in the EU

The EU sisal binder market rose notably to $X in 2022, surging by 8.2% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.8% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Sisal Binder Production in the EU

In value terms, sisal binder production rose significantly to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 42% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sisal Binder Exports

Exports in the EU

Sisal binder exports reduced to X tons in 2022, waning by -6.4% compared with the previous year's figure. Overall, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2018 with an increase of 33%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sisal binder exports contracted to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Portugal prevails in exports structure, recording X tons, which was near 71% of total exports in 2022. It was distantly followed by Italy (X tons), mixing up a 5.5% share of total exports. The Netherlands (X tons), Latvia (X tons), Belgium (X tons), Spain (X tons), Lithuania (X tons) and Germany (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sisal binder exports from Portugal stood at -2.8%. At the same time, Lithuania (+30.6%), Italy (+17.7%) and the Netherlands (+6.9%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +30.6% from 2012-2022. By contrast, Spain (-6.3%), Germany (-7.2%), Latvia (-8.7%) and Belgium (-14.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Portugal, Italy, the Netherlands and Lithuania increased by +7, +4.8, +2.8 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Portugal ($X) remains the largest sisal binder supplier in the European Union, comprising 58% of total exports. The second position in the ranking was taken by Italy ($X), with an 8% share of total exports. It was followed by the Netherlands, with a 6.1% share.

In Portugal, sisal binder exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+13.0% per year) and the Netherlands (+9.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2014 when the export price increased by 15% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), while the other leaders experienced more modest paces of growth.

Sisal Binder Imports

Imports in the EU

In 2022, the amount of sisal binder or baler (agricultural) twines imported in the European Union fell to X tons, with a decrease of -9.4% on the previous year. In general, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, sisal binder imports declined to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 50%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France was the key importing country with an import of about X tons, which reached 42% of total imports. Portugal (X tons) ranks second in terms of the total imports with a 20% share, followed by Belgium (11%), Germany (8.3%) and the Netherlands (6.5%). The following importers - Italy (X tons) and Spain (X tons) - each resulted at a 3.7% share of total imports.

Imports into France increased at an average annual rate of +2.4% from 2012 to 2022. At the same time, Portugal (+13.2%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of +13.2% from 2012-2022. By contrast, Belgium (-3.5%), the Netherlands (-4.9%), Germany (-7.6%), Spain (-8.5%) and Italy (-15.2%) illustrated a downward trend over the same period. Portugal (+15 p.p.) and France (+14 p.p.) significantly strengthened its position in terms of the total imports, while Spain, Belgium, the Netherlands, Italy and Germany saw its share reduced by -1.6%, -2.3%, -2.7%, -7.2% and -7.3% from 2012 to 2022, respectively.

In value terms, France ($X) constitutes the largest market for imported sisal binder or baler (agricultural) twines in the European Union, comprising 37% of total imports. The second position in the ranking was taken by Portugal ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 12% share.

In France, sisal binder imports increased at an average annual rate of +5.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Portugal (+15.0% per year) and the Netherlands (+2.8% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, waning by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2014 when the import price increased by 24% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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