Benelux: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Benelux

The Benelux button blanks and moulds market expanded markedly to $X in 2022, with an increase of 5.1% against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.8% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Button Blanks & Button Moulds in Benelux

In value terms, button blanks and moulds production totaled $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 37%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports in Benelux

In 2022, exports of button blanks & button moulds in Benelux contracted to X tons, which is down by -12.4% compared with 2021. Over the period under review, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 228% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, button blanks and moulds exports declined modestly to $X in 2022. Overall, exports, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 160% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands was the major exporter of button blanks & button moulds in Benelux, with the volume of exports amounting to X tons, which was near 67% of total exports in 2022. It was distantly followed by Belgium (X tons), comprising a 33% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of button blanks & button moulds. At the same time, Belgium (+18.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +18.1% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +25 percentage points.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022.

Among the main exporting countries, Belgium, with a CAGR of +6.5%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price saw a modest expansion. The growth pace was the most rapid in 2018 when the export price increased by 132% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%).

Imports of Button Blanks & Button Moulds

Imports in Benelux

In 2022, after four years of decline, there was significant growth in supplies from abroad of button blanks & button moulds, when their volume increased by 64% to X tons. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 3,123% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, button blanks and moulds imports declined remarkably to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 1,730% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands dominates imports structure, resulting at X tons, which was near 93% of total imports in 2022. It was distantly followed by Belgium (X tons), comprising a 6.6% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of button blanks & button moulds. Belgium (-2.2%) illustrated a downward trend over the same period. The Netherlands (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -2.2% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported button blanks & button moulds in Benelux, comprising 69% of total imports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled -5.5%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, falling by -60.6% against the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 1,091% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-6.3%).

Source: IndexBox Platform