Belgium: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Belgium

The Belgian pile and chenille fabric market soared to $X in 2021, increasing by 104% against the previous year. Over the period under review, consumption, however, showed a abrupt contraction. Pile and chenille fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Belgium

In value terms, pile and chenille fabric production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep reduction. Pile and chenille fabric production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Belgium

In 2021, shipments abroad of woven pile fabrics and chenille fabrics increased by 6.7% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 18%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, pile and chenille fabric exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for pile and chenille fabric exports from Belgium, accounting for a 43% share of total exports. Moreover, pile and chenille fabric exports to the UK exceeded the volume sent to the second major destination, France (X tons), threefold. Poland (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.4% per year) and Poland (+6.1% per year).

In value terms, the UK ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Belgium, comprising 41% of total exports. The second position in the ranking was taken by France ($X), with an 11% share of total exports. It was followed by Poland, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.0% per year) and Poland (+5.5% per year).

Export Prices by Country

In 2021, the average pile and chenille fabric export price amounted to $X per ton, surging by 17% against the previous year. In general, the export price, however, recorded a pronounced descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($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 the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Belgium

In 2021, the amount of woven pile fabrics and chenille fabrics imported into Belgium soared to X tons, growing by 16% compared with the previous year's figure. Over the period under review, imports, however, showed a deep downturn. The growth pace was the most rapid in 2015 with an increase of 40%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, pile and chenille fabric imports surged to $X in 2021. In general, imports, however, showed a slight downturn. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Romania (X tons) and Turkey (X tons) were the main suppliers of pile and chenille fabric imports to Belgium, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +254.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Romania ($X) and Turkey ($X) appeared to be the largest pile and chenille fabric suppliers to Belgium, with a combined 77% share of total imports.

Romania, with a CAGR of +243.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2021, with an increase of 23% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 147% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

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 ($X per ton), while the price for Pakistan ($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 (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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