Report Update: Apr 1, 2024

Belgium - Cotton Embroidery In The Piece - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Embroidery Price in Belgium - 2023

Cotton Embroidery Price in Belgium (FOB) - 2022

In 2022, the average cotton embroidery export price amounted to $14,555 per ton, rising by 26% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 151% against the previous year. Over the period under review, the average export prices reached the maximum at $43,097 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($73,944 per ton), while the average price for exports to the Netherlands ($5,225 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Embroidery Price in Belgium (CIF) - 2022

In 2022, the average cotton embroidery import price amounted to $29,968 per ton, with an increase of 135% against the previous year. Over the period under review, the import price, however, saw a slight decrease. Over the period under review, average import prices hit record highs at $41,742 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($78,193 per ton), while the price for China ($15,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Embroidery Exports in Belgium

After three years of growth, overseas shipments of cotton embroidery in the piece decreased by -78.4% to 14 tons in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 958%.

In value terms, cotton embroidery exports declined notably to $209K in 2022. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 562%. As a result, the exports attained the peak of $888K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cotton Embroidery in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	43.2	377	312	54.6	8.1%
Tunisia	20.6	110	54.0	39.3	24.0%
North Macedonia	N/A	39.6	32.2	19.1	-30.6%
Italy	23.0	119	72.7	19.0	-6.2%
Germany	3.7	78.7	11.4	18.3	70.4%
Bulgaria	N/A	N/A	0.6	16.6	2666.7%
Luxembourg	18.9	71.0	41.7	10.5	-17.8%
Others	24.7	92.3	244	31.5	8.4%
Total	134	888	769	209	16.0%

Top Export Markets for Cotton Embroidery from Belgium in 2022:

France (10.3 tons)
Tunisia (0.9 tons)
Luxembourg (0.8 tons)
Germany (0.6 tons)
North Macedonia (0.5 tons)
Italy (0.3 tons)
Bulgaria (0.3 tons)

Cotton Embroidery Imports in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of cotton embroidery in the piece, when their volume decreased by -91.1% to 5 tons. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 419% against the previous year.

In value terms, cotton embroidery imports dropped markedly to $150K in 2022. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 235%. As a result, imports attained the peak of $866K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cotton Embroidery in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	46.3	184	79.8	27.1	-16.4%
Netherlands	10.1	28.6	61.8	26.3	37.6%
Spain	43.4	162	8.1	18.0	-25.4%
Taiwan (Chinese)	0.6	9.3	23.5	14.8	191.1%
Greece	1.3	161	78.9	14.3	122.4%
France	87.2	155	21.1	12.4	-47.8%
United Kingdom	1.3	4.2	87.7	4.3	49.0%
United Arab Emirates	N/A	N/A	147	N/A	0%
Tunisia	N/A	4.2	4.6	N/A	9.5%
Others	68.5	157	204	33.0	-21.6%
Total	259	866	716	150	-16.6%

Top Suppliers of Cotton Embroidery to Belgium in 2022:

China (1711.0 kg)
Netherlands (1224.0 kg)
Greece (667.0 kg)
France (533.0 kg)
Spain (259.0 kg)
Taiwan (Chinese) (189.0 kg)
United Kingdom (145.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton embroidery market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13991250 - Cotton embroidery in the piece, in strips or in motifs

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023