Belgium - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Belgium - 2023
Contents:
- Plastic Furniture Fittings Price in Belgium (CIF) - 2023
- Plastic Furniture Fittings Price in Belgium (FOB) - 2022
- Plastic Furniture Fittings Imports in Belgium
- Plastic Furniture Fittings Exports in Belgium
Plastic Furniture Fittings Price in Belgium (CIF) - 2023
The average plastic furniture fittings import price stood at $20,144 per ton in June 2023, increasing by 14% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 32% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($59,468 per ton), while the price for Sweden ($7,005 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 the Netherlands (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in Belgium (FOB) - 2022
In 2022, the average plastic furniture fittings export price amounted to $25,328 per ton, rising by 19% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($51,359 per ton), while the average price for exports to Brazil ($7,697 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 Luxembourg (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Imports in Belgium
In 2022, approx. 6.1K tons of plastic fittings for furniture were imported into Belgium; growing by 27% compared with the previous year. In general, imports showed a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic furniture fittings imports expanded remarkably to $109M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plastic Furniture Fittings in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.0 | 16.2 | 19.2 | 20.8 | 3.1% |
| Poland | 11.7 | 14.5 | 11.3 | 12.4 | 2.0% |
| Sweden | 12.2 | 11.4 | 11.3 | 11.6 | -1.7% |
| Czech Republic | 4.2 | 4.5 | 4.9 | 11.5 | 39.9% |
| Turkey | 5.6 | 6.6 | 9.5 | 10.2 | 22.1% |
| France | 6.3 | 9.3 | 8.4 | 7.3 | 5.0% |
| China | 2.1 | 4.6 | 5.8 | 5.8 | 40.3% |
| Netherlands | 4.5 | 3.5 | 4.3 | 3.6 | -7.2% |
| Spain | 2.9 | 3.3 | 3.4 | 2.4 | -6.1% |
| Estonia | 1.4 | 1.0 | 1.4 | 1.7 | 6.7% |
| Italy | 2.3 | 2.1 | 2.4 | 1.6 | -11.4% |
| United Kingdom | 3.2 | 2.7 | 1.7 | 1.3 | -25.9% |
| Others | 12.7 | 13.6 | 16.9 | 18.6 | 13.6% |
| Total | 88.2 | 93.3 | 101 | 109 | 7.3% |
Top Suppliers of Plastic Furniture Fittings to Belgium in 2022:
- Germany (1989.0 tons)
- Sweden (1297.7 tons)
- China (552.6 tons)
- Poland (463.4 tons)
- France (273.2 tons)
- Estonia (237.9 tons)
- Turkey (226.2 tons)
- Czech Republic (217.8 tons)
- Netherlands (173.6 tons)
- Spain (133.2 tons)
- Italy (67.5 tons)
- United Kingdom (27.1 tons)
Plastic Furniture Fittings Exports in Belgium
In 2022, the amount of plastic fittings for furniture exported from Belgium shrank markedly to 1.6K tons, dropping by -17.8% compared with 2021 figures. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, plastic furniture fittings exports declined to $41M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $42M, and then reduced modestly in the following year.
| Export of Plastic Furniture Fittings in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.0 | 5.1 | 6.2 | 6.3 | 28.1% |
| Germany | 5.9 | 5.7 | 6.0 | 5.1 | -4.7% |
| United Kingdom | 1.7 | 1.4 | 4.9 | 5.0 | 43.3% |
| France | 9.4 | 6.0 | 5.2 | 4.5 | -21.8% |
| Poland | 1.6 | 1.5 | 2.2 | 2.8 | 20.5% |
| Italy | 1.5 | 1.5 | 1.8 | 2.0 | 10.1% |
| Malaysia | 1.5 | 1.1 | 1.7 | 1.9 | 8.2% |
| Spain | 2.6 | 1.6 | 1.5 | 1.9 | -9.9% |
| China | 1.3 | 1.2 | 2.4 | 1.6 | 7.2% |
| Brazil | 0.3 | 0.7 | 0.9 | 1.0 | 49.4% |
| Czech Republic | 0.6 | 0.8 | 0.8 | 0.9 | 14.5% |
| United States | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
| Luxembourg | 1.0 | 0.6 | 0.7 | 0.8 | -7.2% |
| Others | 5.2 | 6.6 | 7.3 | 6.7 | 8.8% |
| Total | 36.1 | 34.4 | 42.2 | 41.3 | 4.6% |
Top Export Markets for Plastic Furniture Fittings from Belgium in 2022:
- United Kingdom (306.9 tons)
- Germany (226.7 tons)
- France (211.1 tons)
- Netherlands (143.2 tons)
- Brazil (126.4 tons)
- China (95.6 tons)
- Poland (93.8 tons)
- Spain (71.2 tons)
- Malaysia (58.0 tons)
- Czech Republic (50.9 tons)
- Italy (40.5 tons)
- United States (27.8 tons)
- Luxembourg (15.8 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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