Benelux: Hat And Headgear Market 2025

Hat And Headgear Market Size in Benelux

For the fourth year in a row, the Benelux hat and headgear market recorded growth in sales value, which increased by 233% to $X in 2022. In general, consumption continues to indicate a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Production in Benelux

In value terms, hat and headgear production soared to $X in 2022 estimated in export price. Over the period under review, production saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 743% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Hat And Headgear Exports

Exports in Benelux

In 2022, approx. X units of hats and other headgear were exported in Benelux; picking up by 3.4% on the year before. In general, exports, however, saw a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of 258%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, hat and headgear exports rose modestly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 226%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium was the main exporter of hats and other headgear in Benelux, with the volume of exports amounting to X units, which was approx. 87% of total exports in 2022. It was distantly followed by the Netherlands (X units), committing a 10% share of total exports. Luxembourg (X units) held a relatively small share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of hats and other headgear. At the same time, Luxembourg (+26.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +26.8% from 2012-2022. By contrast, the Netherlands (-12.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium and Luxembourg increased by +19 and +2.1 percentage points, respectively.

In value terms, Belgium ($X) remains the largest hat and headgear supplier in Benelux, comprising 87% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total exports.

In Belgium, hat and headgear exports expanded at an average annual rate of +4.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (-11.1% per year) and Luxembourg (+14.2% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2015 when the export price increased by 33% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.0%), while the other leaders experienced mixed trends in the export price figures.

Hat And Headgear Imports

Imports in Benelux

In 2022, the amount of hats and other headgear imported in Benelux skyrocketed to X units, rising by 235% against 2021. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports soared to $X in 2022. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 32%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Belgium represented the main importer of hats and other headgear in Benelux, with the volume of imports recording X units, which was approx. 86% of total imports in 2022. It was distantly followed by the Netherlands (X units), mixing up a 13% share of total imports.

Belgium was also the fastest-growing in terms of the hats and other headgear imports, with a CAGR of +29.5% from 2012 to 2022. At the same time, the Netherlands (+5.2%) displayed positive paces of growth. From 2012 to 2022, the share of Belgium increased by +41 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported hats and other headgear in Benelux, comprising 66% of total imports. The second position in the ranking was held by Belgium ($X), with a 33% share of total imports.

In the Netherlands, hat and headgear imports expanded at an average annual rate of +11.9% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, falling by -61.1% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 37%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 (+6.3%).

Source: IndexBox Platform