Belgium: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Belgium

The Belgian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021, jumping by 49% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Belgium

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap fell to $X in 2021 estimated in export price. In general, production, however, recorded a deep reduction. The growth pace was the most rapid in 2016 when the production volume increased by 150% against the previous year. Over the period under review, production of reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Belgium

In 2021, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Belgium contracted notably to X tons, waning by -26.2% against the year before. Overall, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 653%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap dropped to $X in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 1,073% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Belgium, with a combined 59% share of total exports. Italy, Spain, Poland, Greece, Turkey and the UK lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +6.4%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from Belgium worldwide, with a combined 54% share of total exports. Spain, Italy, Poland, Greece, Turkey and the UK lagged somewhat behind, together accounting for a further 29%.

Poland, with a CAGR of +8.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, increasing by 17% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by +81.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 56%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Belgium

In 2021, the amount of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap imported into Belgium declined sharply to X tons, reducing by -28.3% compared with 2020 figures. Overall, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 225%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap contracted slightly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 226% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and Germany (X tons) were the main suppliers of imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Belgium, with a combined 66% share of total imports. These countries were followed by Indonesia, the Netherlands, Brazil, France and Italy, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +31.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap suppliers to Belgium were China ($X), Germany ($X) and Vietnam ($X), with a combined 62% share of total imports. These countries were followed by the Netherlands, Indonesia, France, Italy and Brazil, which together accounted for a further 27%.

Among the main suppliers, Brazil, with a CAGR of +20.5%, recorded 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

In 2021, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, jumping by 35% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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