Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (CIF) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (CIF) - 2022

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $77 per square meter in 2022, surging by 19% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 303% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 ($141 per square meter), while the price for Germany ($33 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+75.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (FOB) - 2022

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $47 per square meter in 2022, shrinking by -45% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. Over the period under review, the average export prices attained the maximum at $85 per square meter in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($95 per square meter), while the average price for exports to the Netherlands totaled $41 per square meter.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+21.4%).

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg

For the third consecutive year, Luxembourg recorded decline in overseas purchases of woven fabrics of combed wool or of combed fine animal hair, which decreased by -27.2% to 895 square meters in 2022. Over the period under review, imports recorded a precipitous decline. Imports peaked at 10K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair reduced to $69K in 2022. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 9.4%. As a result, imports attained the peak of $106K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.692.555.653.9223.0%
Italy7.65.611.16.2-6.6%
Netherlands27.31.02.44.7-44.4%
United Kingdom28.1N/A1.51.4-63.2%
FranceN/A5.06.31.3-49.0%
Denmark7.8N/A0.10.6-57.5%
Germany0.40.62.00.614.5%
Others23.81.00.70.2-79.7%
Total96.510679.768.9-10.6%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Luxembourg in 2022:

  1. Belgium (731.0 square meters)
  2. Netherlands (61.0 square meters)
  3. Italy (45.0 square meters)
  4. France (19.0 square meters)
  5. Germany (17.0 square meters)
  6. Denmark (11.0 square meters)
  7. United Kingdom (10.0 square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair exported from Luxembourg surged to 885 square meters, with an increase of 227% against the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair surged to $41K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Luxembourg (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands5.732.2464.9%
South KoreaN/A9.10%
Italy17.3N/A0%
OthersN/AN/A0%
Total23.041.379.6%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Luxembourg in 2022:

  1. Netherlands (790.0 square meters)
  2. South Korea (95.0 square meters)

Source: IndexBox Market Intelligence Platform

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