Belgium: Linoleum Market 2024

Linoleum Market Size in Belgium

The Belgian linoleum market was finally on the rise to reach $X in 2021, after six years of decline. Over the period under review, consumption, however, saw a perceptible decrease. Linoleum consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Linoleum Production in Belgium

In value terms, linoleum production rose modestly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27%. Linoleum production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Linoleum Exports

Exports from Belgium

In 2021, overseas shipments of linoleum increased by 127% to X square meters, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 218%. The exports peaked at X square meters in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, linoleum exports soared to $X in 2021. In general, exports, however, continue to indicate a sharp contraction. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X square meters), Saudi Arabia (X square meters) and Hungary (X square meters) were the main destinations of linoleum exports from Belgium, with a combined 78% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +67.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for linoleum exports from Belgium, comprising 57% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports. It was followed by Denmark, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to France stood at +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+46.7% per year) and Denmark (+14.2% per year).

Export Prices by Country

In 2021, the average linoleum export price amounted to $X per square meter, increasing by 18% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.1%), while the prices for the other major destinations experienced a decline.

Linoleum Imports

Imports into Belgium

After two years of decline, purchases abroad of linoleum increased by 20% to X square meters in 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 80% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, linoleum imports rose notably to $X in 2021. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 167%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest linoleum supplier to Belgium, with a 64% share of total imports. Moreover, linoleum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X square meters), sevenfold. France (X square meters) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +47.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+91.4% per year) and France (+2.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of linoleum to Belgium, comprising 66% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +37.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and France (-4.7% per year).

Import Prices by Country

In 2021, the average linoleum import price amounted to $X per square meter, waning by -10.2% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 94%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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