Belgium: Christmas Decoration Market 2024

Christmas Decoration Market Size in Belgium

The Belgian christmas decoration market soared to $X in 2022, surging by X% against the previous year. In general, consumption posted a prominent increase. Christmas decoration consumption peaked in 2022 and is likely to continue growth in the near future.

Christmas Decoration Production in Belgium

In value terms, christmas decoration production shrank notably to $X in 2022 estimated in export price. Over the period under review, production saw a sharp shrinkage. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Christmas Decoration Exports

Exports from Belgium

After two years of growth, overseas shipments of christmas decoration decreased by X% to X units in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank dramatically in the following year.

In value terms, christmas decoration exports shrank remarkably to $X in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped sharply in the following year.

Exports by Country

France (X units), the Netherlands (X units) and Germany (X units) were the main destinations of christmas decoration exports from Belgium, together accounting for X% of total exports. Italy, Spain, Poland and Luxembourg lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for christmas decoration exports from Belgium, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average christmas decoration export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, showed a perceptible slump. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per unit 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Christmas Decoration Imports

Imports into Belgium

In 2022, approx. X units of christmas decoration were imported into Belgium; picking up by X% on the previous year's figure. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, christmas decoration imports reduced to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of christmas decoration to Belgium, with a X% share of total imports. Moreover, christmas decoration imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

In value terms, China ($X), the Netherlands ($X) and France ($X) were the largest christmas decoration suppliers to Belgium, together accounting for X% of total imports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average christmas decoration import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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