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

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

In 2021, the Dutch high-tenacity filament polyester yarn market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption saw temperate growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

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

In value terms, high-tenacity filament polyester yarn production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 98%. High-tenacity filament polyester yarn production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from the Netherlands

In 2021, high-tenacity filament polyester yarn exports from the Netherlands amounted to X tons, with an increase of 2% compared with the previous year's figure. In general, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.1% against 2018 indices. The pace of growth was the most pronounced in 2017 when exports increased by 71%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn exports surged to $X in 2021. Over the period under review, total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 72% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for high-tenacity filament polyester yarn exports from the Netherlands, with a 29% share of total exports. Moreover, high-tenacity filament polyester yarn exports to Germany exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was held by France (X tons), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+15.4% per year) and France (-1.2% per year).

In value terms, Germany ($X) remains the key foreign market for high-tenacity filament yarn of polyesters exports from the Netherlands, comprising 25% of total exports. The second position in the ranking was held by France ($X), with an 11% share of total exports. It was followed by Belgium, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.0% per year) and Belgium (+6.3% per year).

Export Prices by Country

In 2021, the average high-tenacity filament polyester yarn export price amounted to $X per ton, rising by 15% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into the Netherlands

In 2021, overseas purchases of high-tenacity filament yarn of polyesters increased by 12% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 105%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn imports surged to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 90% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of high-tenacity filament polyester yarn to the Netherlands, accounting for a 73% share of total imports. Moreover, high-tenacity filament polyester yarn imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.8% per year) and Taiwan (Chinese) (-10.0% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to the Netherlands, comprising 66% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 8.2% share of total imports. It was followed by Germany, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-6.8% per year) and Germany (-1.1% per year).

Import Prices by Country

In 2021, the average high-tenacity filament polyester yarn import price amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :