Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $34,493 per ton in 2022, reducing by -16.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 212% against the previous year. Over the period under review, average import prices attained the peak figure at $218,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($57,524 per ton), while the price for Germany ($23,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $47,135 per ton, jumping by 71% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2021 an increase of 1,282% against the previous year. The export price peaked at $430,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($48,579 per ton), while the average price for exports to the Netherlands ($7,429 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+62.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which increased by 7.5% to 1.8 tons in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 398% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined to $63K in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 153% against the previous year. As a result, imports reached the peak of $70K, and then shrank in the following year.
Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 10.7 | 15.7 | 26.5 | 57.4% |
Germany | 6.0 | 0.7 | 29.0 | 19.1 | 47.1% |
Belgium | 0.1 | 16.2 | 25.2 | 17.3 | 457.2% |
Others | 20.1 | N/A | N/A | 0.1 | -82.9% |
Total | 26.2 | 27.6 | 69.8 | 62.8 | 33.8% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Luxembourg in 2022:
- Germany (823.0 kg)
- Belgium (536.0 kg)
- Netherlands (460.0 kg)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg
In 2022, approx. 436 kg of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were exported from Luxembourg; dropping by -71.2% compared with the year before. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 151,100%. As a result, the exports reached the peak of 1.5 tons, and then fell remarkably in the following year.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds shrank sharply to $21K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,088,850%. As a result, the exports attained the peak of $42K, and then dropped notably in the following year.
Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 17.2 | 15.6 | -9.3% |
Poland | N/A | N/A | 16.4 | 3.4 | -79.3% |
France | N/A | N/A | 0.9 | 1.5 | 66.7% |
Netherlands | N/A | N/A | 0.2 | 0.1 | -50.0% |
Germany | N/A | N/A | 1.0 | N/A | 0% |
Italy | N/A | N/A | 4.8 | N/A | 0% |
Others | N/A | N/A | 1.3 | N/A | 0% |
Total | N/A | N/A | 41.8 | 20.6 | -50.7% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Luxembourg in 2022:
- Spain (321.0 kg)
- Poland (73.0 kg)
- France (35.0 kg)
- Netherlands (7.0 kg)
This report provides an in-depth analysis of the knitted fabric market in Luxembourg.
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