Belgium: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in Belgium

In 2022, after three years of growth, there was significant decline in the Belgian hard plastic comb market, when its value decreased by -30.4% to $X. In general, consumption, however, showed a remarkable increase. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Hard Plastic Comb Production in Belgium

In value terms, hard plastic comb production declined dramatically to $X in 2022 estimated in export price. In general, production faced a deep contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 43%. Hard plastic comb production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Hard Plastic Comb Exports

Exports from Belgium

In 2022, approx. X tons of hard rubber or plastic combs were exported from Belgium; reducing by -54.4% on 2021 figures. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hard plastic comb exports dropped dramatically to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2014 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main destinations of hard plastic comb exports from Belgium, with a combined 60% share of total exports. The UK, Cyprus, Spain, the Netherlands, Switzerland, Poland, the Czech Republic and Norway lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of +47.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the largest markets for hard plastic comb exported from Belgium worldwide, together comprising 62% of total exports. The Netherlands, the UK, Spain, Poland, Cyprus, Switzerland, the Czech Republic and Norway lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Spain, with a CAGR of +35.3%, 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 hard plastic comb export price stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Cyprus ($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 France (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hard Plastic Comb Imports

Imports into Belgium

In 2022, purchases abroad of hard rubber or plastic combs decreased by -49.5% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 129% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, hard plastic comb imports declined notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 71%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of hard plastic comb imports to Belgium, together comprising 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +13.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of hard rubber or plastic combs to Belgium, comprising 54% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.9% per year) and Germany (+1.0% per year).

Import Prices by Country

The average hard plastic comb import price stood at $X per ton in 2022, surging by 50% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, import price attained 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 ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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