Benelux: Mannequin Market 2024

Mannequin Market Size in Benelux

The Benelux mannequin market surged to $X in 2022, rising by 1,141% against the previous year. Over the period under review, consumption showed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mannequin Production in Benelux

In value terms, mannequin production soared to $X in 2022 estimated in export price. In general, production saw a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 66%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Mannequin Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in shipments abroad of mannequins, when their volume decreased by -22.1% to X tons. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 40%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports dropped notably to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.8% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell sharply in the following year.

Exports by Country

In 2022, the Netherlands (X tons) was the key exporter of mannequins, constituting 80% of total exports. It was distantly followed by Belgium (X tons), committing a 20% share of total exports.

The Netherlands was also the fastest-growing in terms of the mannequins exports, with a CAGR of +6.8% from 2012 to 2022. Belgium (-4.1%) illustrated a downward trend over the same period. The Netherlands (+22 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -22.3% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest mannequin supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at +5.9%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, surging by 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 when the export price increased by 18%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%).

Mannequin Imports

Imports in Benelux

In 2022, approx. X tons of mannequins were imported in Benelux; with a decrease of -22.1% on 2021 figures. In general, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, mannequin imports declined to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 30% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the largest importing country with an import of around X tons, which accounted for 64% of total imports. It was distantly followed by Belgium (X tons), comprising a 34% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +5.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported mannequins in Benelux, comprising 71% of total imports. The second position in the ranking was taken by Belgium ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +6.3%. In the other countries, the average annual rates were as follows: Belgium (+1.1% per year) and Luxembourg (+4.8% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, surging by 14% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mannequin import price increased by +23.9% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 38%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform