Benelux: Footwear Treatments Market 2024

Footwear Treatments Market Size in Benelux

The Benelux footwear treatments market contracted notably to $X in 2022, waning by -48.1% against the previous year. Over the period under review, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Footwear Treatments Production in Benelux

In value terms, footwear treatments production soared to $X in 2022 estimated in export price. In general, production posted a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 131% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Footwear Treatments Exports

Exports in Benelux

In 2022, approx. X tons of polishes and creams for footwear or leather were exported in Benelux; which is down by -2.6% against the year before. In general, exports, however, posted a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, footwear treatments exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

The Netherlands represented the key exporter of polishes and creams for footwear or leather in Benelux, with the volume of exports resulting at X tons, which was near 69% of total exports in 2022. It was distantly followed by Belgium (X tons), creating a 31% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of polishes and creams for footwear or leather. At the same time, Belgium (+9.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +9.7% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +15 percentage points.

In value terms, the Netherlands ($X) remains the largest footwear treatments supplier in Benelux, comprising 68% of total exports. The second position in the ranking was held by Belgium ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled +3.7%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, falling by -6% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%).

Footwear Treatments Imports

Imports in Benelux

In 2022, the amount of polishes and creams for footwear or leather imported in Benelux declined remarkably to X tons, reducing by -32.3% against the previous year's figure. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, footwear treatments imports fell rapidly to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the key importer of polishes and creams for footwear or leather in Benelux, with the volume of imports amounting to X tons, which was near 65% of total imports in 2022. It was distantly followed by Belgium (X tons), committing a 33% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of +0.5%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest footwear treatments importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main importing countries, the Netherlands, with a CAGR of +0.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, surging by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2015 an increase of 23% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform