Belgium: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Belgium

The Belgian wooden furniture treatments market contracted notably to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a abrupt decline. Wooden furniture treatments consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Wooden Furniture Treatments Production in Belgium

In value terms, wooden furniture treatments production declined notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a sharp contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Wooden furniture treatments production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Wooden Furniture Treatments Exports

Exports from Belgium

In 2022, approx. X tons of polishes and creams for wooden furniture and floors were exported from Belgium; shrinking by X% against the year before. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden furniture treatments exports dropped to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced modestly in the following year.

Exports by Country

France (X tons) was the main destination for wooden furniture treatments exports from Belgium, accounting for a X% share of total exports. Moreover, wooden furniture treatments exports to France exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the United Arab Emirates (X% per year).

In value terms, France ($X) emerged as the key foreign market for polishes and creams for wooden furniture and floors exports from Belgium, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate 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

The average wooden furniture treatments export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($X 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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Belgium

In 2022, purchases abroad of polishes and creams for wooden furniture and floors decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, wooden furniture treatments imports dropped to $X in 2022. In general, imports, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of wooden furniture treatments imports to Belgium, together comprising X% of total imports. Germany, Denmark, the UK and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of polishes and creams for wooden furniture and floors to Belgium, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

The average wooden furniture treatments import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden furniture treatments import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, 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 Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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