Price for Clothing; Parts, Knitted or Crocheted in Luxembourg - 2023
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Luxembourg (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Luxembourg (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Luxembourg
- Exports of Clothing; Parts, Knitted or Crocheted in Luxembourg
Price for Clothing; Parts, Knitted or Crocheted in Luxembourg (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $77,558 per ton, surging by 85% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the maximum at $94,544 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($164,076 per ton), while the price for Belgium ($17,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clothing; Parts, Knitted or Crocheted in Luxembourg (FOB) - 2022
The average export price for clothing; parts, knitted or crocheted stood at $47,039 per ton in 2022, increasing by 103% against the previous year. In general, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2016 an increase of 2,031%. As a result, the export price reached the peak level of $1,066,815 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +12.0% per year.
Imports of Clothing; Parts, Knitted or Crocheted in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas purchases of clothing; parts, knitted or crocheted, which increased by 37% to 2.3 tons in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 183%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, clothing; parts, knitted or crocheted imports skyrocketed to $181K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 168% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Clothing; Parts, Knitted or Crocheted in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.0 | 28.0 | 30.0 | 73.5 | 94.4% |
| Italy | 0.2 | N/A | 4.9 | 66.0 | 591.0% |
| France | 2.3 | 29.0 | 24.4 | 15.1 | 87.2% |
| Spain | N/A | 0.1 | N/A | 9.0 | 848.7% |
| Romania | N/A | N/A | N/A | 3.7 | 0% |
| Belgium | 3.8 | 2.5 | 4.9 | 3.7 | -0.9% |
| Poland | 0.4 | 0.1 | N/A | 2.9 | 93.5% |
| China | 3.7 | 0.7 | 2.4 | 0.1 | -70.0% |
| Others | 2.8 | 2.0 | 4.8 | 7.1 | 36.4% |
| Total | 23.3 | 62.5 | 71.5 | 181 | 98.0% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Luxembourg in 2022:
- France (698.0 kg)
- Italy (663.0 kg)
- Germany (448.0 kg)
- Belgium (208.0 kg)
- Poland (68.0 kg)
- Spain (57.0 kg)
- Romania (50.0 kg)
- China (2.0 kg)
Exports of Clothing; Parts, Knitted or Crocheted in Luxembourg
In 2022, the amount of clothing; parts, knitted or crocheted exported from Luxembourg skyrocketed to 845 kg, increasing by 3,150% compared with the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, clothing; parts, knitted or crocheted exports soared to $40K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clothing; Parts, Knitted or Crocheted in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.6 | N/A | 0.1 | 39.5 | 104.8% |
| Netherlands | N/A | N/A | 0.5 | 0.2 | -60.0% |
| Others | 1.3 | 1.5 | 0.1 | N/A | -72.3% |
| Total | 5.9 | 1.5 | 0.6 | 39.7 | 88.8% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Luxembourg in 2022:
- Belgium (832.0 kg)
- Netherlands (12.0 kg)
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