Luxembourg - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Luxembourg - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Textile Wadding Price in Luxembourg - 2023

Contents:

  1. Textile Wadding Price in Luxembourg (CIF) - 2023
  2. Textile Wadding Price in Luxembourg (FOB) - 2022
  3. Textile Wadding Imports in Luxembourg
  4. Textile Wadding Exports in Luxembourg

Textile Wadding Price in Luxembourg (CIF) - 2023

The average textile wadding import price stood at $1,254 per ton in July 2023, with a decrease of -87.8% against the previous month. In general, the import price faced a deep contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 31% month-to-month. As a result, import price reached the peak level of $11,316 per ton. From April 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($12,563 per ton), while the price for Belgium ($174 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+4.6%), while the prices for the other major suppliers experienced a decline.

Textile Wadding Price in Luxembourg (FOB) - 2022

In 2022, the average textile wadding export price amounted to $52,368 per ton, growing by 36% against the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2021 an increase of 239%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Spain ($68,799 per ton), while the average price for exports to Belgium ($9,382 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 Spain (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports in Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in purchases abroad of wadding of textile materials and articles thereof, which increased by 4.9% to 449 tons in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 164%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, textile wadding imports dropped to $3.3M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 170% against the previous year. As a result, imports attained the peak of $3.8M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Textile Wadding in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2472,1181,7581,68389.6%
Hungary21665171369047.3%
France501549488482-1.3%
Belgium228227238172-9.0%
Netherlands27.119.742.762.832.3%
Germany41.636.015434.5-6.0%
Others1421821161460.9%
Total1,4013,7823,5093,27032.6%

Top Suppliers of Textile Wadding to Luxembourg in 2022:

  1. Lithuania (216.1 tons)
  2. Hungary (92.4 tons)
  3. France (80.1 tons)
  4. Belgium (30.8 tons)
  5. Netherlands (12.7 tons)
  6. Germany (3.1 tons)

Textile Wadding Exports in Luxembourg

In 2022, overseas shipments of wadding of textile materials and articles thereof decreased by -19.4% to 18 tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of 38 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, textile wadding exports stood at $962K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 168%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Textile Wadding in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A102425594141.3%
Italy5.2100348300286.4%
France13.05.421.221.518.3%
RomaniaN/A2.95.220.5165.9%
Slovenia13.724.84.813.90.5%
Belgium12196.51.00.8-81.2%
NetherlandsN/A26.471.9N/A172.3%
Others8.975.71.411.38.3%
Total16243487996281.1%

Top Export Markets for Textile Wadding from Luxembourg in 2022:

  1. Spain (8.6 tons)
  2. Italy (5.8 tons)
  3. France (2.1 tons)
  4. Slovenia (0.9 tons)
  5. Romania (0.6 tons)
  6. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
  • Prodcom 17221240 - Wadding, other articles of wadding

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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