Benelux: Cushion Cover Market 2024

Cushion Cover Market Size in Benelux

In 2021, the Benelux cushion cover market increased by 79% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption posted a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cushion Cover Production in Benelux

In value terms, cushion cover production contracted to $X in 2021 estimated in export price. In general, production, however, saw a slight contraction. The pace of growth appeared the most rapid in 2019 when the production volume increased by 29%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cushion Cover Exports

Exports in Benelux

In 2021, approx. X tons of furnishing articles for car seats were exported in Benelux; with an increase of 35% on the previous year. Total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% 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 +100.2% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cushion cover exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands was the major exporter of furnishing articles for car seats in Benelux, with the volume of exports accounting for X tons, which was approx. 65% of total exports in 2021. It was distantly followed by Belgium (X tons), mixing up a 35% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +12.5%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, the Netherlands, with a CAGR of +4.2%, recorded the highest rates of growth with regard to 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, shrinking by -5.6% against the previous year. Over the period under review, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2017 when the export price increased by 4.1% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-2.8%).

Cushion Cover Imports

Imports in Benelux

In 2021, approx. X tons of furnishing articles for car seats were imported in Benelux; rising by 22% compared with the year before. The total import volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 32% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, cushion cover imports surged to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands represented the main importer of furnishing articles for car seats in Benelux, with the volume of imports amounting to X tons, which was near 76% of total imports in 2021. It was distantly followed by Belgium (X tons), generating a 23% share of total imports.

The Netherlands was also the fastest-growing in terms of the furnishing articles for car seats imports, with a CAGR of +11.1% from 2012 to 2021. Belgium (-4.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +30 percentage points.

In value terms, the largest cushion cover importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of +7.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, flattening at the previous year. Over the period under review, the import price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2018 when the import price increased by 28%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 Belgium (-1.2%).

Source: IndexBox Platform