Belgium: Matches Market 2024

Matches Market Size in Belgium

The Belgian matches market fell rapidly to $X in 2023, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt shrinkage. Matches consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Matches Exports

Exports from Belgium

In 2023, overseas shipments of matches decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, matches exports reduced notably to $X in 2023. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Luxembourg (X tons) and France (X tons) were the main destinations of matches exports from Belgium, with a combined X% share of total exports. Germany, the Czech Republic and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for matches exported from Belgium were France ($X), the Netherlands ($X) and Luxembourg ($X), together accounting for X% of total exports. The Czech Republic, Germany and Spain lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average matches export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, matches export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Matches Imports

Imports into Belgium

For the third year in a row, Belgium recorded decline in supplies from abroad of matches, which decreased by X% to X tons in 2023. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, matches imports declined sharply to $X in 2023. Over the period under review, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest supplier of matches to Belgium, accounting for a X% share of total imports. Moreover, matches imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of matches to Belgium, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average matches import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform