Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (FOB) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (CIF) - 2022
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (FOB) - 2022
The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $1,072 per unit in 2022, stabilizing at the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for articles of apparel, clothing accessories and other articles of furskin increased by +118.7% against 2017 indices. The growth pace was the most rapid in 2015 an increase of 84% against the previous year. The export price peaked at $1,213 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($3,697 per unit), while the average price for exports to the United States ($301 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $569 per unit in 2022, growing by 21% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 266%. The import price peaked at $868 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Turkey ($1,721 per unit), while the price for Austria ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg
Exports of articles of apparel, clothing accessories and other articles of furskin from Luxembourg soared to 663 units in 2022, with an increase of 680% against 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin skyrocketed to $711K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 0.1 | 3.7 | 370 | 5982.8% |
| France | 58.0 | 64.5 | 49.1 | 175 | 44.5% |
| Macao SAR | N/A | N/A | N/A | 42.6 | 0% |
| Hong Kong SAR | 0.2 | N/A | 16.1 | 40.0 | 484.8% |
| Belgium | 3.9 | 2.0 | 3.7 | 13.7 | 52.0% |
| Taiwan (Chinese) | 3.5 | N/A | N/A | 11.7 | 49.5% |
| United States | 4.4 | 1.4 | 2.4 | 3.3 | -9.1% |
| Others | 34.9 | 9.5 | 15.4 | 54.0 | 15.7% |
| Total | 105 | 77.4 | 90.3 | 711 | 89.2% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Luxembourg in 2022:
- Japan (399.0 units)
- France (125.0 units)
- Hong Kong SAR (45.0 units)
- Belgium (41.0 units)
- Macao SAR (15.0 units)
- United States (11.0 units)
- Taiwan (Chinese) (10.0 units)
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin imported into Luxembourg contracted dramatically to 1.1K units, with a decrease of -20.4% against the previous year's figure. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Over the period under review, imports of attained the maximum at 1.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin fell to $622K in 2022. Overall, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked at $701K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 86.6 | 198 | 167 | 274 | 46.8% |
| Germany | 186 | 132 | 164 | 181 | -0.9% |
| Italy | 169 | 103 | 102 | 85.9 | -20.2% |
| Belgium | 10.6 | 21.6 | 13.7 | 33.4 | 46.6% |
| Lebanon | 4.0 | 14.9 | 14.6 | 12.5 | 46.2% |
| Spain | 57.3 | 10.3 | 18.7 | 7.4 | -49.5% |
| Poland | N/A | N/A | N/A | 6.4 | 0% |
| Austria | 5.7 | 3.6 | 3.4 | 0.8 | -48.0% |
| Netherlands | 0.1 | 4.3 | 123 | 0.2 | 26.0% |
| Others | 181 | 16.1 | 38.2 | 20.2 | -51.9% |
| Total | 701 | 503 | 644 | 622 | -3.9% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Luxembourg in 2022:
- Germany (367.0 units)
- France (294.0 units)
- Belgium (135.0 units)
- Italy (133.0 units)
- Lebanon (44.0 units)
- Poland (31.0 units)
- Austria (29.0 units)
- Spain (17.0 units)
- Netherlands (1.0 units)
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