Benelux: Hat And Headgear Market 2024

Hat And Headgear Market Size in Benelux

The Benelux hat and headgear market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption saw significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Production in Benelux

In value terms, hat and headgear production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Hat And Headgear Exports

Exports in Benelux

Hat and headgear exports reached X units in 2022, growing by X% compared with 2021 figures. In general, exports, however, saw a perceptible downturn. 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 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hat and headgear exports expanded to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Belgium (X units) represented the key exporter of hats and other headgear, mixing up X% of total exports. It was distantly followed by the Netherlands (X units), achieving a X% share of total exports. Luxembourg (X units) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of hats and other headgear. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium and Luxembourg increased by X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Belgium stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Hat And Headgear Imports

Imports in Benelux

In 2022, the amount of hats and other headgear imported in Benelux soared to X units, picking up by X% compared with 2021 figures. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports surged to $X in 2022. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Belgium was the key importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by the Netherlands (X units), committing a X% share of total imports.

Belgium was also the fastest-growing in terms of the hats and other headgear imports, with a CAGR of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, shrinking by X% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

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

Source: IndexBox Platform

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