Report Update: May 1, 2024

Belgium - Polishes And Creams For Footwear Or Leather - Market Analysis, Forecast, Size, Trends And Insights

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Footwear Treatments Price in Belgium - 2023

Footwear Treatments Price in Belgium (CIF) - 2023

In June 2023, the average footwear treatments import price amounted to $10,831 per ton, falling by -2.6% against the previous month. Over the period under review, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, footwear treatments import price decreased by -9.8% against April 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 94% month-to-month. Over the period under review, average import prices attained the peak figure at $12,002 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($59,460 per ton), while the price for Poland ($3,807 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Footwear Treatments Price in Belgium (FOB) - 2023

The average footwear treatments export price stood at $4,560 per ton in June 2023, declining by -67.9% against the previous month. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in July 2022 when the average export price increased by 53% m-o-m. Over the period under review, the average export prices reached the peak figure at $15,565 per ton in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($24,517 per ton), while the average price for exports to Vietnam ($223 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports in Belgium

In 2022, the amount of polishes and creams for footwear or leather imported into Belgium declined remarkably to 618 tons, shrinking by -45.8% on the previous year's figure. Overall, imports recorded a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 194%. As a result, imports reached the peak of 1.1K tons, and then contracted rapidly in the following year.

In value terms, footwear treatments imports shrank dramatically to $5.9M in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 174%. As a result, imports attained the peak of $8.6M, and then fell significantly in the following year.

Import of Footwear Treatments in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	0.8	0.8	5.6	3.4	62.0%
Netherlands	1.4	1.1	1.4	1.2	-5.0%
Germany	1.4	0.9	1.1	0.9	-13.7%
Turkey	0.1	N/A	0.2	0.1	0.0%
Spain	0.1	0.1	0.1	0.1	0.0%
Others	0.3	0.2	0.3	0.2	-12.6%
Total	4.1	3.1	8.6	5.9	12.9%

Top Suppliers of Footwear Treatments to Belgium in 2022:

France (367.9 tons)
Netherlands (110.7 tons)
Germany (84.4 tons)
Turkey (20.9 tons)
Spain (6.2 tons)

Footwear Treatments Exports in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of polishes and creams for footwear or leather, when their volume decreased by -38.4% to 595 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 372%. As a result, the exports attained the peak of 966 tons, and then dropped dramatically in the following year.

In value terms, footwear treatments exports shrank modestly to $6.6M in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 280%. As a result, the exports attained the peak of $6.8M, and then declined modestly in the following year.

Export of Footwear Treatments in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	239	372	1,837	1,968	101.9%
Netherlands	782	425	1,823	1,634	27.8%
Austria	11.7	13.0	605	869	320.4%
Luxembourg	149	302	670	539	53.5%
Portugal	1.7	11.9	233	456	544.9%
United Kingdom	6.8	2.1	286	404	290.2%
Germany	68.5	120	279	164	33.8%
Spain	71.8	66.7	158	91.5	8.4%
Japan	244	220	106	71.5	-33.6%
Algeria	57.7	77.3	198	N/A	85.2%
Others	135	191	644	433	47.5%
Total	1,768	1,800	6,838	6,629	55.4%

Top Export Markets for Footwear Treatments from Belgium in 2022:

France (237.8 tons)
Netherlands (159.5 tons)
Austria (39.4 tons)
Germany (33.3 tons)
Portugal (30.7 tons)
Luxembourg (22.6 tons)
United Kingdom (16.3 tons)
Spain (11.8 tons)
Japan (6.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the footwear treatments 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 20414330 - Polishes, creams and similar preparations, for footwear or leather (excluding artificial and prepared waxes)

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