Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (CIF) - 2022
The average import price for wadding; other articles thereof, of man-made fibreses stood at $5,901 per ton in 2022, declining by -41.5% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 93%. As a result, import price reached the peak level of $22,997 per ton. From 2016 to 2022, the average 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 Germany ($14,858 per ton), while the price for Belgium ($4,442 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $55,489 per ton, rising by 31% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($76,146 per ton), while the average price for exports to France ($9,891 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 the Netherlands (+136.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas purchases of wadding; other articles thereof, of man-made fibreses, which increased by 59% to 413 tons in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 458%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of wadding; other articles thereof, of man-made fibreses shrank to $2.4M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 407% against the previous year. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 247 | 2,125 | 1,560 | 1,665 | 88.9% |
| Hungary | 216 | 654 | 702 | 695 | 47.6% |
| Belgium | 58.7 | 45.1 | 37.6 | 34.1 | -16.6% |
| Others | 38.6 | 15.8 | 316 | 43.3 | 3.9% |
| Total | 560 | 2,839 | 2,616 | 2,437 | 63.3% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Luxembourg in 2022:
- Lithuania (279.6 tons)
- Hungary (123.5 tons)
- Belgium (7.7 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg
In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -18% to 17 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 239% against the previous year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses expanded rapidly to $945K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 460%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 104 | 417 | 580 | 136.2% |
| Italy | 5.2 | 105 | 355 | 302 | 287.3% |
| Romania | N/A | 3.1 | 5.3 | 20.0 | 154.0% |
| France | 12.8 | 5.0 | 20.1 | 18.4 | 12.9% |
| Slovenia | 13.7 | 25.5 | 4.9 | 13.4 | -0.7% |
| Belgium | 23.2 | 0.2 | 0.1 | N/A | -93.4% |
| Netherlands | N/A | 26.1 | 73.7 | N/A | 182.4% |
| Others | 4.9 | 66.3 | 0.9 | 11.3 | 32.1% |
| Total | 59.8 | 335 | 878 | 945 | 150.9% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Luxembourg in 2022:
- Spain (7.6 tons)
- Italy (5.8 tons)
- France (1.9 tons)
- Slovenia (0.9 tons)
- Romania (0.6 tons)
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