Netherlands: Market for High-Tenacity Filament Yarn Of Aramids 2024

Market Size for High-Tenacity Filament Yarn Of Aramids in the Netherlands

In 2022, the Dutch high-tenacity filament aramids yarn market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of High-Tenacity Filament Yarn Of Aramids in the Netherlands

In value terms, high-tenacity filament aramids yarn production skyrocketed to $X in 2022 estimated in export price. In general, production saw a abrupt curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 295% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from the Netherlands

In 2022, after four years of growth, there was significant decline in shipments abroad of high-tenacity filament yarn of aramids, when their volume decreased by -85.6% to X tons. Overall, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 2,591%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, high-tenacity filament aramids yarn exports dropped markedly to $X in 2022. In general, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2019 with an increase of 2,160% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for high-tenacity filament aramids yarn exports from the Netherlands, accounting for a 75% share of total exports. Moreover, high-tenacity filament aramids yarn exports to France exceeded the volume sent to the second major destination, the UK (X tons), eightfold. The third position in this ranking was held by Ukraine (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-0.3% per year) and Ukraine (+40.0% per year).

In value terms, France ($X) emerged as the key foreign market for high-tenacity filament yarn of aramids exports from the Netherlands, comprising 73% of total exports. The second position in the ranking was taken by the UK ($X), with an 11% share of total exports. It was followed by Ukraine, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+1.9% per year) and Ukraine (+36.5% per year).

Export Prices by Country

In 2022, the average high-tenacity filament aramids yarn export price amounted to $X per ton, growing by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per ton) and Ukraine ($X per ton), while the average price for exports to France ($X per ton) and Egypt ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into the Netherlands

In 2022, overseas purchases of high-tenacity filament yarn of aramids increased by 0.7% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 160%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament aramids yarn imports expanded to $X in 2022. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 86% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Japan (X tons) were the main suppliers of high-tenacity filament aramids yarn imports to the Netherlands, together accounting for 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +179.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and Belgium ($X) appeared to be the largest high-tenacity filament aramids yarn suppliers to the Netherlands, together comprising 77% of total imports.

Among the main suppliers, Germany, with a CAGR of +163.9%, 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

In 2022, the average high-tenacity filament aramids yarn import price amounted to $X per ton, rising by 3.3% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2019 an increase of 7.5% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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