Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $5,419 per ton, growing by 9.9% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for felt; whether or not impregnated, coated, covered or laminateds increased by +19.7% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. The import price peaked at $5,926 per ton in 2018; however, from 2019 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 Italy ($26,111 per ton), while the price for the Netherlands ($3,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $9,230 per ton, with an increase of 11% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 felt; whether or not impregnated, coated, covered or laminateds decreased by -14.9% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs at $10,847 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($37,260 per ton), while the average price for exports to Morocco ($4,749 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 Austria (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into Luxembourg rose modestly to 266 tons, increasing by 4.1% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of 283 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose rapidly to $1.4M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Luxembourg in 2022:

1. Germany (133.3 tons)
2. Turkey (55.2 tons)
3. United Kingdom (34.6 tons)
4. Netherlands (25.5 tons)
5. Belgium (8.8 tons)
6. France (3.6 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Luxembourg

In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds was finally on the rise to reach 91 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic slump.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $843K in 2022. Over the period under review, exports, however, saw a dramatic contraction.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Luxembourg in 2022:

1. Spain (29.5 tons)
2. France (20.9 tons)
3. Italy (19.0 tons)
4. Morocco (7.9 tons)
5. Germany (7.9 tons)
6. Belgium (2.7 tons)
7. Netherlands (1.6 tons)

Source: IndexBox Market Intelligence Platform