Benelux: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Benelux

The Benelux market for PVC floor, wall and ceiling coverings skyrocketed to $X in 2022, growing by 52% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +101.2% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of PVC Floor, Wall and Ceiling Coverings in Benelux

In value terms, production of PVC floor, wall and ceiling coverings totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports in Benelux

In 2022, after five years of growth, there was significant decline in overseas shipments of PVC floor, wall and ceiling coverings, when their volume decreased by -17.7% to X square meters. In general, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 54% against the previous year. The volume of export peaked at X square meters in 2021, and then declined significantly in the following year.

In value terms, exports of PVC floor, wall and ceiling coverings shrank significantly to $X in 2022. Overall, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2020 with an increase of 39%. The level of export peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

In 2022, Belgium (X square meters) represented the largest exporter of PVC floor, wall and ceiling coverings, making up 67% of total exports. Luxembourg (X square meters) held a 24% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (8.9%).

From 2012 to 2022, average annual rates of growth with regard to PVC floor, wall and ceiling coverings exports from Belgium stood at +12.3%. At the same time, the Netherlands (+18.5%) and Luxembourg (+3.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +18.5% from 2012-2022. From 2012 to 2022, the share of Belgium and the Netherlands increased by +14 and +4.8 percentage points, respectively.

In value terms, Belgium ($X) remains the largest PVC floor, wall and ceiling coverings supplier in Benelux, comprising 68% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at +9.5%. In the other countries, the average annual rates were as follows: Luxembourg (+2.2% per year) and the Netherlands (+12.2% per year).

Export Prices by Country

The export price in Benelux stood at $X per square meter in 2022, approximately mirroring the previous year. Overall, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2016 when the export price increased by 31% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per square meter), while Luxembourg ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-1.2%), while the other leaders experienced a decline in the export price figures.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports in Benelux

After two years of growth, supplies from abroad of PVC floor, wall and ceiling coverings decreased by -8.6% to X square meters in 2022. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 63%. The volume of import peaked at X square meters in 2021, and then dropped in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings reduced dramatically to $X in 2022. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 52%. Over the period under review, imports of reached the peak figure at $X in 2021, and then contracted significantly in the following year.

Imports by Country

Belgium (X square meters) and the Netherlands (X square meters) dominates coverings structure, together creating 93% of total imports. It was distantly followed by Luxembourg (X square meters), generating a 7.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest PVC floor, wall and ceiling coverings importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Among the main importing countries, Belgium, with a CAGR of +15.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per square meter, which is down by -13.5% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 23%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while Luxembourg ($X per square meter) 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 a decline in the import price figures.

Source: IndexBox Platform