Netherlands: Hat And Headgear Market 2024

Hat And Headgear Market Size in the Netherlands

For the fourth consecutive year, the Dutch hat and headgear market recorded growth in sales value, which increased by 75% to $X in 2022. In general, consumption continues to indicate a prominent increase. Hat and headgear consumption peaked in 2022 and is likely to see gradual growth in the near future.

Hat And Headgear Production in the Netherlands

In value terms, hat and headgear production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a mild decline. The pace of growth was the most pronounced in 2020 when the production volume increased by 715,759,897%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Hat And Headgear Exports

Exports from the Netherlands

Hat and headgear exports from the Netherlands expanded significantly to X units in 2022, increasing by 12% on the previous year's figure. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 165%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, hat and headgear exports surged to $X in 2022. Over the period under review, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X units), Germany (X units) and Belgium (X units) were the main destinations of hat and headgear exports from the Netherlands, with a combined 53% share of total exports. Turkey, Poland, Italy, Spain, Austria, Sweden, Portugal, the UK, Denmark and Romania lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +73.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hat and headgear exported from the Netherlands were Germany ($X), France ($X) and Italy ($X), together comprising 43% of total exports. Turkey, Belgium, Austria, Poland, Spain, Sweden, the UK, Denmark, Portugal and Romania lagged somewhat behind, together comprising a further 44%.

In terms of the main countries of destination, Turkey, with a CAGR of +77.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hat and headgear export price stood at $X per unit in 2022, growing by 7.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 an increase of 24%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, 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 Denmark ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hat And Headgear Imports

Imports into the Netherlands

In 2022, overseas purchases of hats and other headgear increased by 8.9% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.3% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by 52%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, hat and headgear imports soared to $X in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hat and headgear to the Netherlands, with a 51% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Bangladesh (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and Bangladesh (+28.5% per year).

In value terms, China ($X) constituted the largest supplier of hats and other headgear to the Netherlands, comprising 48% of total imports. The second position in the ranking was taken by Germany ($X), with a 10% share of total imports. It was followed by Bangladesh, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.7% per year) and Bangladesh (+30.3% per year).

Import Prices by Country

The average hat and headgear import price stood at $X per unit in 2022, picking up by 29% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hat and headgear import price increased by +66.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 33%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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