Benelux: Baby Carriage Market 2024

Baby Carriage Market Size in Benelux

The Benelux baby carriage market skyrocketed to $X in 2022, with an increase of 115% against the previous year. Overall, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Baby Carriage Production in Benelux

In value terms, baby carriage production fell to $X in 2022 estimated in export price. In general, production posted a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 105% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Baby Carriage Exports

Exports in Benelux

Baby carriage exports shrank markedly to X units in 2022, waning by -16% compared with the previous year's figure. Total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -39.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 33% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, baby carriage exports reduced dramatically to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 27%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) represented roughly 99% of total exports in 2022.

The Netherlands was also the fastest-growing in terms of the baby carriages exports, with a CAGR of +3.7% from 2012 to 2022. From 2012 to 2022, the share of the Netherlands increased by +22 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) also remains the largest baby carriage supplier in Benelux.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to +1.6%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, dropping by -6.5% against the previous year. Overall, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 20% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -2.0% per year.

Baby Carriage Imports

Imports in Benelux

After two years of growth, supplies from abroad of baby carriages decreased by -11.7% to X units in 2022. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, baby carriage imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The Netherlands represented the key importer of baby carriages in Benelux, with the volume of imports recording X units, which was approx. 83% of total imports in 2022. It was distantly followed by Belgium (X units), mixing up a 16% share of total imports.

The Netherlands was also the fastest-growing in terms of the baby carriages imports, with a CAGR of +4.1% from 2012 to 2022. Belgium (-5.6%) illustrated a downward trend over the same period. The Netherlands (+18 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -17.7% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported baby carriages in Benelux, comprising 86% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports.

In the Netherlands, baby carriage imports expanded at an average annual rate of +7.0% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, surging by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%).

Source: IndexBox Platform