Period 2007-2019
Belt And Bandolier Market Overview in the European Union |
Market Overview
In 2019, after two years of growth, there was decline in the EU belt and bandolier market, when its value decreased by -
% to $. Over the period under review, consumption continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the market value increased by % against the previous year. The level of consumption peaked at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.
In value terms, belt and bandolier production shrank to $ in 2019 estimated in export prices. In general, production, however, recorded a perceptible contraction. The growth pace was the most rapid in 2008 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to 2019, production remained at a lower figure.
The countries with the highest volumes of belt and bandolier production in 2019 were France ( tonnes), Italy ( tonnes) and Spain ( tonnes), with a combined % share of total production. Romania, Sweden, the Netherlands, Germany and the UK lagged somewhat behind, together comprising a further %.
From 2007 to 2019, the most notable rate of growth in terms of belt and bandolier production, amongst the leading producing countries, was attained by Sweden, while belt and bandolier production for the other leaders experienced more modest paces of growth.
% to $. Over the period under review, consumption continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the market value increased by % against the previous year. The level of consumption peaked at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.In value terms, belt and bandolier production shrank to $
in 2019 estimated in export prices. In general, production, however, recorded a perceptible contraction. The growth pace was the most rapid in 2008 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to 2019, production remained at a lower figure.The countries with the highest volumes of belt and bandolier production in 2019 were France (
tonnes), Italy ( tonnes) and Spain ( tonnes), with a combined % share of total production. Romania, Sweden, the Netherlands, Germany and the UK lagged somewhat behind, together comprising a further %.From 2007 to 2019, the most notable rate of growth in terms of belt and bandolier production, amongst the leading producing countries, was attained by Sweden, while belt and bandolier production for the other leaders experienced more modest paces of growth.
Consumption
For the fifth year in a row, the European Union recorded decline in consumption of belts and bandoliers, which decreased by -% to tonnes in 2019. Overall, consumption showed a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the consumption volume increased by % year-to-year. The volume of consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
The revenue of the belt and bandolier market in the European Union reduced slightly to $ in 2019, remaining stable 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). In general, consumption saw a mild descent. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.
% to tonnes in 2019. Overall, consumption showed a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the consumption volume increased by % year-to-year. The volume of consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.The revenue of the belt and bandolier market in the European Union reduced slightly to $
in 2019, remaining stable 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). In general, consumption saw a mild descent. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.Consumption By Country
The countries with the highest volumes of belt and bandolier consumption in 2019 were Germany ( tonnes), France ( tonnes) and the UK ( tonnes), together comprising % of total consumption. Italy, Spain, the Netherlands, Austria, Romania, Belgium, Sweden, Poland and the Czech Republic lagged somewhat behind, together accounting for a further %.
From 2007 to 2019, the biggest increases were in Sweden, while belt and bandolier consumption for the other leaders experienced a decline in the consumption figures.
In value terms, the largest belt and bandolier markets in the European Union were Germany ($), France ($) and the UK ($), together comprising % of the total market. These countries were followed by Italy, Spain, Romania, Austria, the Netherlands, Sweden, Poland, Belgium and the Czech Republic, which together accounted for a further %.
In terms of the main consuming countries, Sweden saw the highest rates of growth with regard to market size, over the period under review, while belt and bandolier market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of belt and bandolier per capita consumption in 2019 were Austria ( kg per persons), Sweden ( kg per persons) and Belgium ( kg per persons).
From 2007 to 2019, the most notable rate of growth in terms of belt and bandolier per capita consumption, amongst the leading consuming countries, was attained by Sweden, while belt and bandolier per capita consumption for the other leaders experienced a decline in the per capita consumption figures.
tonnes), France ( tonnes) and the UK ( tonnes), together comprising % of total consumption. Italy, Spain, the Netherlands, Austria, Romania, Belgium, Sweden, Poland and the Czech Republic lagged somewhat behind, together accounting for a further %.From 2007 to 2019, the biggest increases were in Sweden, while belt and bandolier consumption for the other leaders experienced a decline in the consumption figures.
In value terms, the largest belt and bandolier markets in the European Union were Germany ($
), France ($) and the UK ($), together comprising % of the total market. These countries were followed by Italy, Spain, Romania, Austria, the Netherlands, Sweden, Poland, Belgium and the Czech Republic, which together accounted for a further %.In terms of the main consuming countries, Sweden saw the highest rates of growth with regard to market size, over the period under review, while belt and bandolier market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of belt and bandolier per capita consumption in 2019 were Austria (
kg per persons), Sweden ( kg per persons) and Belgium ( kg per persons).From 2007 to 2019, the most notable rate of growth in terms of belt and bandolier per capita consumption, amongst the leading consuming countries, was attained by Sweden, while belt and bandolier per capita consumption for the other leaders experienced a decline in the per capita consumption figures.
Market Forecast
Depressed by shrinking demand for belt and bandolier in the European Union, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
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