Belgium: Carpet Market 2024

Carpet Market Size in Belgium

The Belgian carpet market shrank remarkably to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a noticeable contraction. As a result, consumption reached the peak level of $X, and then declined notably in the following year.

Carpet Production in Belgium

In value terms, carpet production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Carpet Exports

Exports from Belgium

In 2022, after six years of decline, there was growth in overseas shipments of carpets and other textile floor coverings, when their volume increased by X% to X square meters. Overall, exports, however, recorded a slight decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, carpet exports shrank to $X in 2022. Over the period under review, exports, however, showed a mild contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X square meters), Germany (X square meters) and the Netherlands (X square meters) were the main destinations of carpet exports from Belgium, together accounting for X% of total exports. France, Poland, the United States, the Czech Republic, Spain and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for carpet exported from Belgium worldwide, together accounting for X% of total exports. France, the United States, Poland, Spain, the Czech Republic and Russia lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, shrinking by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to Poland ($X per square meter) was amongst the lowest.

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

Carpet Imports

Imports into Belgium

In 2022, supplies from abroad of carpets and other textile floor coverings decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2021, and then reduced in the following year.

In value terms, carpet imports reduced to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

Turkey (X square meters), the Netherlands (X square meters) and China (X square meters) were the main suppliers of carpet imports to Belgium, with a combined X% share of total imports. Vietnam, the Czech Republic, India, Germany, Poland and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest carpet suppliers to Belgium were Turkey ($X), the Netherlands ($X) and China ($X), with a combined X% share of total imports. India, Germany, the Czech Republic, Vietnam, Poland and the UK lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average carpet import price amounted to $X per square meter, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 India ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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