Europe: Sisal Binder Market 2024

Sisal Binder Market Size in Europe

In 2022, the Europe sisal binder market increased by X% to $X, rising for the third year in a row after three years of decline. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Sisal Binder Production in Europe

In value terms, sisal binder production rose markedly to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Sisal Binder Exports

Exports in Europe

In 2022, overseas shipments of sisal binder or baler (agricultural) twines increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sisal binder exports rose notably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Portugal was the largest exporter of sisal binder or baler (agricultural) twines in Europe, with the volume of exports recording X tons, which was near X% of total exports in 2022. The Netherlands (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%) and Italy (X%). Spain (X tons), Latvia (X tons) and Russia (X tons) took a little share of total exports.

Exports from Portugal decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Italy (X%) and Russia (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Spain (X%), Latvia (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Italy and Russia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Portugal, sisal binder exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Sisal Binder Imports

Imports in Europe

In 2022, imports of sisal binder or baler (agricultural) twines in Europe stood at X tons, remaining constant against the previous year's figure. Over the period under review, imports, however, saw a mild descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sisal binder imports fell slightly to $X in 2022. Overall, imports recorded a slight increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) was the key importer of sisal binder or baler (agricultural) twines, constituting X% of total imports. Portugal (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (X%), the Netherlands (X%), Germany (X%) and Russia (X%). Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sisal binder imports into France stood at X%. At the same time, Portugal (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Belgium (X%), Russia (X%), Germany (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of Portugal (X p.p.), France (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.), Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X% 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 remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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