Belgium: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Belgium

The Belgian market for table linen of knitted or crocheted textiles soared to $X in 2021, picking up by 22% against the previous year. Over the period under review, consumption, however, showed a pronounced reduction. Table linen of crocheted textile consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Belgium

In value terms, table linen of crocheted textile production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by 298% against the previous year. Table linen of crocheted textile production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Belgium

In 2021, overseas shipments of table linen of knitted or crocheted textiles decreased by -35.7% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 1,132%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports contracted slightly to $X in 2021. Overall, exports saw a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of 509% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for table linen of crocheted textile exports from Belgium, with a 65% share of total exports. Moreover, table linen of crocheted textile exports to France exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Hungary (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+49.0% per year) and Hungary (+52.6% per year).

In value terms, France ($X) remains the key foreign market for table linen of knitted or crocheted textiles exports from Belgium, comprising 52% of total exports. The second position in the ranking was held by Germany ($X), with a 14% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+36.3% per year) and Hungary (+105.0% per year).

Export Prices by Country

The average export price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, surging by 53% against the previous year. In general, the export price, however, recorded a slight setback. The growth pace was the most rapid in 2016 an increase of 186% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France ($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 Hungary (+34.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports into Belgium

In 2021, after two years of decline, there was significant growth in overseas purchases of table linen of knitted or crocheted textiles, when their volume increased by 22% to X tons. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 274% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, table linen of crocheted textile imports surged to $X in 2021. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 121% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest table linen of crocheted textile supplier to Belgium, with a 70% share of total imports. Moreover, table linen of crocheted textile imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +38.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.7% per year) and India (-5.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Belgium, comprising 80% of total imports. The second position in the ranking was held by China ($X), with a 9.5% share of total imports. It was followed by India, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +53.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.0% per year) and India (-6.2% per year).

Import Prices by Country

The average import price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, increasing by 18% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, table linen of crocheted textile import price increased by +15.2% against 2018 indices. The growth pace was the most rapid in 2015 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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