Price for Textiles; Worn Clothing and Other Worn Articles in Luxembourg - 2023

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Luxembourg (FOB) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Luxembourg (CIF) - 2022
3. Exports of Textiles; Worn Clothing and Other Worn Articles in Luxembourg
4. Imports of Textiles; Worn Clothing and Other Worn Articles in Luxembourg

Price for Textiles; Worn Clothing and Other Worn Articles in Luxembourg (FOB) - 2022

The average export price for textiles; worn clothing and other worn articleses stood at $1,380 per ton in 2022, shrinking by -25.8% against the previous year. Over the period under review, the export price showed a precipitous decline. The pace of growth appeared the most rapid in 2017 an increase of 90%. Over the period under review, the average export prices hit record highs at $14,423 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,916 per ton), while the average price for exports to Italy ($1,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.7%), while the prices for the other major destinations experienced a decline.

Price for Textiles; Worn Clothing and Other Worn Articles in Luxembourg (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $13,804 per ton in 2022, increasing by 9% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The growth pace was the most rapid in 2018 when the average import price increased by 99% against the previous year. Over the period under review, average import prices reached the maximum at $16,627 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($35,935 per ton), while the price for Italy ($10,728 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Textiles; Worn Clothing and Other Worn Articles in Luxembourg

In 2022, the amount of textiles; worn clothing and other worn articleses exported from Luxembourg expanded notably to 299 tons, increasing by 8.4% against 2021. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of textiles; worn clothing and other worn articleses declined remarkably to $413K in 2022. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Luxembourg in 2022:

1. Italy (289.4 tons)
2. Ukraine (8.2 tons)
3. United Arab Emirates (1.3 tons)

Imports of Textiles; Worn Clothing and Other Worn Articles in Luxembourg

In 2022, imports of textiles; worn clothing and other worn articleses into Luxembourg dropped remarkably to 23 tons, reducing by -23% compared with the year before. Over the period under review, imports saw a dramatic shrinkage. The smallest decline of -16% was in 2021.

In value terms, imports of textiles; worn clothing and other worn articleses declined remarkably to $322K in 2022. In general, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $384K, and then dropped notably in the following year.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Luxembourg in 2022:

1. France (14.5 tons)
2. Netherlands (3.1 tons)
3. Belgium (2.7 tons)
4. Italy (0.9 tons)
5. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform