Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium (FOB) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium (CIF) - 2022
3. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium
4. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $15,657 per ton in 2022, falling by -2.2% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for footwear; parts, outer soles and heels, of rubber or plasticses increased by +7.0% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 22% against the previous year. The export price peaked at $16,002 per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($23,309 per ton), while the average price for exports to the UK ($10,947 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 the Netherlands (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium (CIF) - 2022

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $18,887 per ton in 2022, surging by 9.8% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 64% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($31,915 per ton), while the price for the Czech Republic ($8,576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium

In 2022, approx. 162 tons of footwear; parts, outer soles and heels, of rubber or plasticses were exported from Belgium; growing by 1.9% against the previous year. Over the period under review, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports reached the peak of 228 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses contracted modestly to $2.5M in 2022. In general, exports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Belgium in 2022:

1. Japan (40.9 tons)
2. Morocco (24.6 tons)
3. France (21.2 tons)
4. Germany (14.9 tons)
5. Portugal (13.4 tons)
6. Netherlands (9.8 tons)
7. Spain (7.7 tons)
8. Australia (7.3 tons)

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belgium

In 2022, purchases abroad of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -3% to 60 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of 67 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses amounted to $1.1M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Belgium in 2022:

1. Italy (17.5 tons)
2. Spain (10.9 tons)
3. China (8.6 tons)
4. Portugal (5.7 tons)
5. Germany (5.5 tons)
6. Netherlands (4.9 tons)
7. France (2.8 tons)
8. Malaysia (0.6 tons)

Source: IndexBox Market Intelligence Platform