Benelux: Wadding Market 2024

Wadding Market Size in Benelux

The Benelux wadding market soared to $X in 2022, growing by X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Wadding Production in Benelux

In value terms, wadding production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wadding Exports

Exports in Benelux

After two years of growth, overseas shipments of wadding decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, wadding exports reduced notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped markedly in the following year.

Exports by Country

The Netherlands represented the main exporter of wadding in Benelux, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belgium (X tons), generating a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest wadding supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, wadding exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Wadding Imports

Imports in Benelux

In 2022, supplies from abroad of wadding increased by X% to X tons, rising for the fourth year in a row after six years of decline. Total imports indicated a temperate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, wadding imports amounted to $X in 2022. Overall, imports, however, recorded a deep setback. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands was the key importer of wadding in Benelux, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X tons), creating a X% share of total imports. Luxembourg (X tons) took a minor share of total imports.

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

In value terms, the Netherlands ($X) constitutes the largest market for imported wadding in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, wadding imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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