Luxembourg - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Luxembourg - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights

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Hat and Headgear Price in Luxembourg - 2023

Contents:

  1. Hat and Headgear Price in Luxembourg (CIF) - 2023
  2. Hat and Headgear Price in Luxembourg (FOB) - 2023
  3. Hat and Headgear Imports in Luxembourg
  4. Hat and Headgear Exports in Luxembourg

Hat and Headgear Price in Luxembourg (CIF) - 2023

In June 2023, the average hat and headgear import price amounted to $6.5 per unit, shrinking by -6.9% against the previous month. In general, import price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, hat and headgear import price decreased by -7.1% against March 2023 indices. The growth pace was the most rapid in February 2023 an increase of 48% m-o-m. The import price peaked at $9.0 per unit in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($22.6 per unit), while the price for Belgium ($4.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Hat and Headgear Price in Luxembourg (FOB) - 2023

In June 2023, the average hat and headgear export price amounted to $6.5 per unit, waning by -16.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 196% against the previous month. The export price peaked at $24.0 per unit in October 2022; however, from November 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($8.6 per unit), while the average price for exports to the Czech Republic ($5.4 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hat and Headgear Imports in Luxembourg

In 2022, the amount of hats and other headgear imported into Luxembourg soared to 772K units, with an increase of 464% compared with the year before. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports surged to $5.6M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hat and Headgear in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7801,4431,5692,40310.5%
Italy4755775685525.1%
France685387499507-9.5%
Belgium663479564481-10.1%
Germany545514544398-9.9%
United States33.241.159.614362.7%
Spain14298.9114140-0.5%
Macao SARN/A0.7N/A1151181.7%
Netherlands13779.8109108-7.6%
Bangladesh71.837.870.577.52.6%
Vietnam73.357.583.365.6-3.6%
Others798637669651-6.6%
Total5,4034,3524,8495,6421.5%

Top Suppliers of Hat and Headgear to Luxembourg in 2022:

  1. China (324.1K units)
  2. Belgium (80.0K units)
  3. France (70.0K units)
  4. Germany (56.6K units)
  5. Italy (55.6K units)
  6. Macao SAR (21.2K units)
  7. Spain (18.6K units)
  8. Netherlands (18.4K units)
  9. United States (13.5K units)
  10. Vietnam (13.1K units)
  11. Bangladesh (12.2K units)

Hat and Headgear Exports in Luxembourg

In 2022, the amount of hats and other headgear exported from Luxembourg soared to 162K units, jumping by 649% on the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports soared to $1.7M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Hat and Headgear in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.43.55.7362537.1%
Germany10626223132445.1%
Belgium2722932642912.3%
Hong Kong SAR29.866.348.413163.8%
France38.160.068.099.137.5%
Japan39.569.110393.233.1%
Austria33.710667.281.434.2%
Italy7.212.617.832.064.4%
United Kingdom51.116910830.9-15.4%
Netherlands12.914.819.430.633.4%
Spain5.19.88.625.170.1%
Others65.711714117438.4%
Total6631,1821,0831,67336.1%

Top Export Markets for Hat and Headgear from Luxembourg in 2022:

  1. Czech Republic (37.4K units)
  2. Germany (30.4K units)
  3. Belgium (25.7K units)
  4. Hong Kong SAR (13.5K units)
  5. France (11.0K units)
  6. Austria (9.5K units)
  7. Japan (6.8K units)
  8. Netherlands (3.3K units)
  9. Spain (3.2K units)
  10. Italy (2.5K units)
  11. United Kingdom (2.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hat and headgear market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
  • Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
  • Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
  • Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

Country coverage:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Which Country Imports the Most Hat-Forms, Hat Bodies and Hoods of Felt in the World?
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In value terms, hat-forms, hat bodies and hoods of felt imports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual...

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In value terms, hat-shapes imports stood at $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...

Which Country Imports the Most Knitted and Crocheted Hats and Other Headgear in the World?
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In value terms, knitted and crocheted hats and other headgear imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; ho...

Which Country Imports the Most Headgear in the World?
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In value terms, headgear imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations...

Which Country Imports the Most Head-Bands, Linings, Covers and Hat Foundations in the World?
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In value terms, head-bands, linings, covers and hat foundations imports totaled $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an averag...

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In value terms, wigs, false beards, eyebrows and eyelashes imports amounted to $X in 2016. In general, wigs, false beards, eyebrows and eyelashes imports continue to indicate a strong growth. Over ...

Which Country Exports the Most Hat-Forms, Hat Bodies and Hoods of Felt in the World?
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Eye 615

In value terms, hat-forms, hat bodies and hoods of felt exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average ann...

Which Country Exports the Most Hat-Shapes in the World?
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In value terms, hat-shapes exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated so...

Which Country Exports the Most Knitted and Crocheted Hats and Other Headgear in the World?
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In value terms, knitted and crocheted hats and other headgear exports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an ...

Which Country Exports the Most Headgear in the World?
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In value terms, headgear exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last...

Free Data: Hats And Other Headgear - Luxembourg