Belgium: Gloves Market 2024

Gloves Market Size in Belgium

The Belgian gloves market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a deep slump. Gloves consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gloves Production in Belgium

In value terms, gloves production shrank remarkably to $X in 2022 estimated in export price. Overall, production saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gloves Exports

Exports from Belgium

In 2022, approx. X pairs of gloves, mittens and mitts were exported from Belgium; standing approx. at the previous year's figure. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X pairs. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gloves exports fell to $X in 2022. Over the period under review, exports saw temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X pairs) was the main destination for gloves exports from Belgium, with a X% share of total exports. Moreover, gloves exports to France exceeded the volume sent to the second major destination, Germany (X pairs), more than tenfold. The Netherlands (X pairs) ranked third in terms of total exports with a X% share.

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

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

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

Export Prices by Country

The average gloves export price stood at $X per pair in 2022, falling by X% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per pair in 2012; however, from 2013 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 Spain ($X per pair), while the average price for exports to France ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports into Belgium

For the third year in a row, Belgium recorded growth in supplies from abroad of gloves, mittens and mitts, which increased by X% to X pairs in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, gloves imports reduced dramatically to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

The Netherlands (X pairs), India (X pairs) and Pakistan (X pairs) were the main suppliers of gloves imports to Belgium, together accounting for X% of total imports.

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

In value terms, the largest gloves suppliers to Belgium were India ($X), Pakistan ($X) and the Netherlands ($X), with a combined X% share of total imports. China, France, Sweden and Germany lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 gloves import price stood at $X per pair in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($X per pair), while the price for the Netherlands ($X per pair) 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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