Benelux: Matches Market 2024

Matches Market Size in Benelux

The Benelux matches market contracted significantly to $X in 2021, dropping by -21.7% against the previous year. Overall, consumption showed a slight contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Matches Production in Benelux

In value terms, matches production dropped to $X in 2021 estimated in export price. In general, production showed a slight curtailment. The growth pace was the most rapid in 2015 when the production volume increased by 138% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Matches Exports

Exports in Benelux

Matches exports reduced notably to X tons in 2021, which is down by -32.7% against 2020. In general, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 151%. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, matches exports contracted to $X in 2021. Overall, exports continue to indicate a mild setback. The pace of growth was the most pronounced in 2020 when exports increased by 151% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The Netherlands represented the major exporting country with an export of around X tons, which reached 78% of total exports. It was distantly followed by Belgium (X tons), constituting an 18% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to matches exports from the Netherlands stood at +3.9%. At the same time, Luxembourg (+51.3%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +51.3% from 2012-2021. By contrast, Belgium (-14.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+36 p.p.) and Luxembourg (+3.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-39.4 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) emerged as the largest matches supplier in Benelux, comprising 74% of total exports. The second position in the ranking was taken by Belgium ($X), with a 24% share of total exports.

In the Netherlands, matches exports increased at an average annual rate of +6.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-10.8% per year) and Luxembourg (+28.0% per year).

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, growing by 28% against the previous year. Export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, matches export price increased by +25.9% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Matches Imports

Imports in Benelux

In 2021, matches imports in Benelux dropped remarkably to X tons, with a decrease of -57.2% against 2020. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 76% against the previous year. As a result, imports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, matches imports reduced remarkably to $X in 2021. In general, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 59%. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) dominates imports structure, together creating 98% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of -2.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest matches importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X), with a combined 99.9% share of total imports.

Luxembourg, with a CAGR of +3.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, growing by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The level of import peaked at $X per ton in 2015; however, from 2016 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 Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform