Netherlands: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

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

In 2021, the Dutch market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a pronounced decline. 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 the Netherlands

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. Production of peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

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

Exports from the Netherlands

In 2021, overseas shipments of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 117% to X tons, rising for the third consecutive year after four years of decline. Overall, exports saw a tangible expansion. The most prominent rate of growth was recorded in 2019 with an increase of 466%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. Over the period under review, exports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 406%. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from the Netherlands, accounting for a 62% share of total exports. Moreover, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Germany exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+80.2% per year) and Belgium (+4.8% per year).

In value terms, Germany ($X) remains the key foreign market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exports from the Netherlands, comprising 67% of total exports. The second position in the ranking was held by Belgium ($X), with a 13% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+3.9% per year) and the UK (+63.7% per year).

Export Prices by Country

The average export price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, declining by -33.1% against the previous year. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 39% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Saudi Arabia ($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 (-0.8%), while the prices for the other major destinations experienced a decline.

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

Imports into the Netherlands

In 2021, the amount of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning imported into the Netherlands fell modestly to X tons, waning by -1.8% compared with the year before. In general, imports showed a slight descent. The pace of growth appeared the most rapid in 2013 when imports increased by 19%. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 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 skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to the Netherlands, with a 50% share of total imports. Moreover, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Belgium exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. Denmark (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+4.2% per year) and Denmark (+0.9% per year).

In value terms, Belgium ($X), Austria ($X) and Denmark ($X) constituted the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning suppliers to the Netherlands, with a combined 83% share of total imports. These countries were followed by France, South Africa and Italy, which together accounted for a further 14%.

Among the main suppliers, Italy, with a CAGR of +59.9%, 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

The average import price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, with an increase of 45% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were France ($X per ton) and Austria ($X per ton), while the price for South Africa ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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