Benelux: Linoleum Market 2024

Linoleum Market Size in Benelux

The Benelux linoleum market shrank to $X in 2021, dropping by -9.7% against the previous year. Overall, consumption, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the market value increased by 8.8% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Linoleum Production in Benelux

In value terms, linoleum production declined dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 312%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Linoleum Exports

Exports in Benelux

In 2021, approx. X square meters of linoleum were exported in Benelux; flattening at the year before. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 14,561%. Over the period under review, the exports reached the maximum at X square meters in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, linoleum exports contracted slightly to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 22,672% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X square meters) represented roughly 99% of total exports in 2021.

The Netherlands was also the fastest-growing in terms of the linoleum exports, with a CAGR of +104.4% from 2012 to 2021. From 2012 to 2021, the share of the Netherlands increased by +97 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 linoleum supplier in Benelux.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +91.2%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per square meter, remaining constant against the previous year. Export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, linoleum export price increased by +66.2% against 2017 indices. The growth pace was the most rapid in 2020 when the export price increased by 55%. The level of export peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -6.5% per year.

Linoleum Imports

Imports in Benelux

In 2021, purchases abroad of linoleum increased by 6% to X square meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 74%. As a result, imports reached the peak of X square meters. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, linoleum imports skyrocketed to $X in 2021. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 114% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

The Netherlands represented the major importer of linoleum in Benelux, with the volume of imports finishing at X square meters, which was near 82% of total imports in 2021. It was distantly followed by Belgium (X square meters), creating a 17% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to linoleum imports into the Netherlands stood at +7.8%. At the same time, Belgium (+24.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +24.0% from 2012-2021. Belgium (+12 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -7.7% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported linoleum in Benelux, comprising 85% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports.

In the Netherlands, linoleum imports expanded at an average annual rate of +7.6% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per square meter in 2021, rising by 13% against the previous year. Over the period under review, the import price, however, showed a slight setback. The growth pace was the most rapid in 2018 when the import price increased by 23%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while Belgium amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.2%).

Source: IndexBox Platform