Benelux: Non-Cotton Terry Towelling Market 2025

Non-Cotton Terry Towelling Market Size in Benelux

In 2021, after two years of decline, there was significant growth in the Benelux non-cotton terry towelling market, when its value increased by 43% to $X. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Cotton Terry Towelling Production in Benelux

In value terms, non-cotton terry towelling production rose to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Non-Cotton Terry Towelling Exports

Exports in Benelux

Non-cotton terry towelling exports surged to X square meters in 2021, rising by 97% on the year before. Overall, exports showed a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling exports soared to $X in 2021. Over the period under review, exports saw a perceptible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium represented the largest exporter of terry towelling (excluding of cotton) in Benelux, with the volume of exports amounting to X square meters, which was approx. 81% of total exports in 2021. It was distantly followed by the Netherlands (X square meters), comprising a 19% share of total exports.

Belgium was also the fastest-growing in terms of the terry towelling (excluding of cotton) exports, with a CAGR of +14.5% from 2012 to 2021. The Netherlands (-13.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +55 percentage points.

In value terms, the largest non-cotton terry towelling supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of +12.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per square meter, growing by 10% against the previous year. Export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-cotton terry towelling export price decreased by -27.7% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 38% against the previous year. Over the period under review, the export prices reached the maximum at $X per square meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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 the Netherlands ($X per square meter), while Belgium totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.2%).

Non-Cotton Terry Towelling Imports

Imports in Benelux

In 2021, the amount of terry towelling (excluding of cotton) imported in Benelux skyrocketed to X square meters, growing by 138% on the year before. In general, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling imports soared to $X in 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 84%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands represented the major importing country with an import of about X square meters, which reached 65% of total imports. It was distantly followed by Belgium (X square meters), constituting a 33% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +26.9%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021.

In terms of the main importing countries, the Netherlands, with a CAGR of +29.3%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per square meter in 2021, falling by -41.5% against the previous year. Over the period under review, the import price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2016 when the import price increased by 59% against the previous year. Over the period under review, import prices reached the peak figure at $X per square meter in 2020, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the Netherlands stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%).

Source: IndexBox Platform