Belgium: Noils Of Wool Market 2025

Noils Of Wool Market Size in Belgium

In 2021, after two years of growth, there was decline in the Belgian noils of wool market, when its value decreased by -4.8% to $X. The market value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Noils of wool consumption peaked at $X in 2020, and then contracted slightly in the following year.

Noils Of Wool Production in Belgium

In value terms, noils of wool production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 20%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Noils Of Wool Exports

Exports from Belgium

In 2021, the amount of noils of wool or fine animal hair exported from Belgium expanded rapidly to X tons, increasing by 13% on the year before. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +7.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 56%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, noils of wool exports contracted to $X in 2021. In general, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 96% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

The Czech Republic (X tons), Italy (X tons) and Portugal (X tons) were the main destinations of noils of wool exports from Belgium, together accounting for 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +65.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for noils of wool exported from Belgium were the Czech Republic ($X), Italy ($X) and France ($X), together accounting for 95% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +66.2%, 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 noils of wool export price stood at $X per ton in 2021, declining by -17.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2013 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, 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 Spain ($X per ton), while the average price for exports to Ukraine ($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 (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Noils Of Wool Imports

Imports into Belgium

In 2021, approx. X tons of noils of wool or fine animal hair were imported into Belgium; which is down by -8.5% against 2020. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced in the following year.

In value terms, noils of wool imports dropped to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.6% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of 47% against the previous year. Imports peaked at $X in 2020, and then reduced in the following year.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and the UK (X tons) were the main suppliers of noils of wool imports to Belgium, together accounting for 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +83.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Italy ($X) and the UK ($X) appeared to be the largest noils of wool suppliers to Belgium, together comprising 96% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +90.8%, recorded the highest rates of growth with regard to 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 noils of wool import price amounted to $X per ton, increasing by 3.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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 the Czech Republic ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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