Belgium: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Belgium

The Belgian pile and chenille fabric market surged to $X in 2021, jumping by X% against the previous year. In general, consumption, however, saw a deep setback. Pile and chenille fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Belgium

In value terms, pile and chenille fabric production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. Pile and chenille fabric production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Belgium

In 2021, overseas shipments of woven pile fabrics and chenille fabrics increased by X% to X tons, rising for the second year in a row after five years of decline. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, pile and chenille fabric exports soared to $X in 2021. In general, exports, however, recorded a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for pile and chenille fabric exports from Belgium, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to the UK exceeded the volume sent to the second major destination, France (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Poland (+X% per year).

In value terms, the UK ($X) remains the key foreign market for pile and chenille fabric exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Tunisia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Belgium

In 2021, approx. X tons of woven pile fabrics and chenille fabrics were imported into Belgium; rising by X% compared with the previous year. In general, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, pile and chenille fabric imports soared to $X in 2021. Overall, imports, however, recorded a slight slump. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Romania (X tons) and Turkey (X tons) were the main suppliers of pile and chenille fabric imports to Belgium, together accounting for X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric suppliers to Belgium were China ($X), Romania ($X) and Turkey ($X), with a combined X% share of total imports.

Romania, with a CAGR of +X%, saw 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

In 2021, the average pile and chenille fabric import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :