Belgium: Artificial Fur Market 2025

Artificial Fur Market Size in Belgium

In 2022, the Belgian artificial fur market decreased by -26.4% to $X for the first time since 2018, thus ending a three-year rising trend. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Artificial Fur Production in Belgium

In value terms, artificial fur production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,469% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Artificial Fur Exports

Exports from Belgium

In 2022, shipments abroad of artificial fur decreased by -68.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 419%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped markedly in the following year.

In value terms, artificial fur exports shrank rapidly to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 359% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for artificial fur exports from Belgium, with a 87% share of total exports. It was followed by the Czech Republic (X tons), with a 2.9% share of total exports. The third position in this ranking was taken by France (X tons), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+12.3% per year) and France (-29.7% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for artificial fur exports from Belgium, comprising 61% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.6% per year) and France (-29.9% per year).

Export Prices by Country

In 2022, the average artificial fur export price amounted to $X per ton, with a decrease of -38.8% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 72% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.6%), while the prices for the other major destinations experienced a decline.

Artificial Fur Imports

Imports into Belgium

In 2022, the amount of artificial fur imported into Belgium declined sharply to X tons, waning by -62% against the previous year's figure. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by 233%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, artificial fur imports declined remarkably to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 172%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of artificial fur to Belgium, with a 86% share of total imports. Moreover, artificial fur imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was held by Denmark (X tons), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.4% per year) and Denmark (+78.3% per year).

In value terms, China ($X), the Netherlands ($X) and Italy ($X) constituted the largest artificial fur suppliers to Belgium, together comprising 90% of total imports. Denmark lagged somewhat behind, accounting for a further 2.3%.

Denmark, with a CAGR of +54.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average artificial fur import price stood at $X per ton in 2022, dropping by -2.8% against the previous year. In general, the import price, however, showed notable growth. The growth pace was the most rapid in 2014 when the average import price increased by 62%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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