Benelux: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in Benelux

The Benelux adhesive dressings market surged to $X in 2021, increasing by 38% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Adhesive Dressings Production in Benelux

In value terms, adhesive dressings production skyrocketed to $X in 2021 estimated in export price. In general, production showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 284% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Adhesive Dressings Exports

Exports in Benelux

In 2021, adhesive dressings exports in Benelux soared to X tons, surging by 24% compared with the previous year's figure. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% 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 +57.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, adhesive dressings exports surged to $X in 2021. Over the period under review, exports posted a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 66%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands represented the key exporter of adhesive dressings or similar articles in Benelux, with the volume of exports recording X tons, which was near 68% of total exports in 2021. It was distantly followed by Belgium (X tons), making up a 32% share of total exports.

The Netherlands was also the fastest-growing in terms of the adhesive dressings or similar articles exports, with a CAGR of +8.6% from 2012 to 2021. At the same time, Belgium (+3.7%) displayed positive paces of growth. The Netherlands (+9.9 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -9.7% from 2012 to 2021, respectively.

In value terms, the largest adhesive dressings supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +18.3%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2016 an increase of 68% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%).

Adhesive Dressings Imports

Imports in Benelux

For the third year in a row, Benelux recorded growth in overseas purchases of adhesive dressings or similar articles, which increased by 23% to X tons in 2021. Overall, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 44% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, adhesive dressings imports soared to $X in 2021. Total imports indicated strong growth 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 +84.3% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the major importer of adhesive dressings or similar articles in Benelux, with the volume of imports reaching X tons, which was approx. 66% of total imports in 2021. It was distantly followed by Belgium (X tons), constituting a 32% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the adhesive dressings or similar articles imports, with a CAGR of +15.6% from 2012 to 2021. At the same time, Luxembourg (+5.6%) displayed positive paces of growth. Belgium experienced a relatively flat trend pattern. The Netherlands (+32 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -31.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest adhesive dressings importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of +12.6%, saw the highest growth rate of 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

The import price in Benelux stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 21%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform