Belgium - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 19, 2024

Belgium - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Cotton Terry Towelling Price in Belgium - 2023

Contents:

  1. Non-Cotton Terry Towelling Price in Belgium (CIF) - 2022
  2. Non-Cotton Terry Towelling Price in Belgium (FOB) - 2022
  3. Non-Cotton Terry Towelling Imports in Belgium
  4. Non-Cotton Terry Towelling Exports in Belgium

Non-Cotton Terry Towelling Price in Belgium (CIF) - 2022

In 2022, the average non-cotton terry towelling import price amounted to $0.1 per square meter, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $0.1 per square meter. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($0.2 per square meter), while the price for Italy ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Cotton Terry Towelling Price in Belgium (FOB) - 2022

The average non-cotton terry towelling export price stood at $0.1 per square meter in 2022, declining by -11% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.1 per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($0.2 per square meter), while the average price for exports to France ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+58.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cotton Terry Towelling Imports in Belgium

In 2022, the amount of terry towelling (excluding of cotton) imported into Belgium surged to 3.5M square meters, growing by 17% compared with 2021. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-cotton terry towelling imports skyrocketed to $356K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Non-Cotton Terry Towelling in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.023.772.5186353.1%
Netherlands28.828.033.667.532.8%
France9.627.217.641.562.9%
Turkey14221210138.4-35.3%
ItalyN/AN/A56.14.3-92.3%
Others10.27.823.419.023.0%
Total19229930435622.9%

Top Suppliers of Non-Cotton Terry Towelling to Belgium in 2022:

  1. China (2171.1K square meters)
  2. France (391.1K square meters)
  3. Netherlands (373.6K square meters)
  4. Turkey (359.5K square meters)
  5. Italy (55.2K square meters)

Non-Cotton Terry Towelling Exports in Belgium

For the fourth consecutive year, Belgium recorded growth in shipments abroad of terry towelling (excluding of cotton), which increased by 32% to 2.5M square meters in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-cotton terry towelling exports soared to $278K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 139%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Non-Cotton Terry Towelling in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26.430.540.710658.9%
GermanyN/A6.371.152.7189.2%
Luxembourg19.518.022.525.99.9%
ItalyN/A3.658.921.3143.2%
CyprusN/AN/A5.920.5247.5%
NorwayN/AN/AN/A19.80%
Netherlands36.729.930.817.5-21.9%
AlgeriaN/AN/A2.5N/A0%
Others8.910.73.914.317.1%
Total91.699.123627844.8%

Top Export Markets for Non-Cotton Terry Towelling from Belgium in 2022:

  1. France (1369.9K square meters)
  2. Germany (335.0K square meters)
  3. Luxembourg (266.9K square meters)
  4. Cyprus (168.3K square meters)
  5. Norway (120.4K square meters)
  6. Italy (94.3K square meters)
  7. Netherlands (90.1K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cotton terry towelling 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 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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