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Luxembourg - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: T-Shirt Market Overview 2021

T-Shirt Market Size in Luxembourg

After four years of growth, the Luxembourg t-shirt market decreased by -X% to $X in 2020. In general, consumption continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2011 to 2020, the growth of the market failed to regain the momentum.

T-Shirt Exports

Exports from Luxembourg

In 2020, after three years of decline, there was significant growth in overseas shipments of t-shirts, when their volume increased by X% to X units. In general, exports recorded a noticeable expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, t-shirt exports soared to $X in 2020. Overall, exports enjoyed a buoyant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for t-shirt exports from Luxembourg, accounting for a X% share of total exports. Moreover, t-shirt exports to Germany exceeded the volume sent to the second major destination, Japan (X units), fourfold. The third position in this ranking was occupied by Belgium (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Belgium (-X% per year).

In value terms, the largest markets for t-shirt exported from Luxembourg were Germany ($X), the UK ($X) and Belgium ($X), with a combined X% share of total exports. Japan, Austria, France and the Netherlands lagged somewhat behind, together comprising a further X the main countries of destination, Japan recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average t-shirt export price stood at $X per unit in 2020, shrinking by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2011 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

T-Shirt Imports

Imports into Luxembourg

In 2020, purchases abroad of t-shirts decreased by -X% to X units for the first time since 2015, thus ending a four-year rising trend. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X units in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, t-shirt imports shrank dramatically to $X in 2020. In general, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Bangladesh (X units) constituted the largest supplier of t-shirt to Luxembourg, with a X% share of total imports. Moreover, t-shirt imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Bangladesh totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and China (+X% per year).

In value terms, the largest t-shirt suppliers to Luxembourg were Belgium ($X), Bangladesh ($X) and China ($X), with a combined X% share of total imports.

Bangladesh (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average t-shirt import price stood at $X per unit in 2020, increasing by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% y-o-y. The import price peaked in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for t-shirts in the world?
+
The countries with the highest volumes of t-shirt consumption in 2020 were China (4.5B units), the U.S. (2.3B units) and India (1.8B units), together comprising 42% of global consumption.
What are the largest producers of t-shirts in the world?
+
China (6.7B units) constituted the country with the largest volume of t-shirt production, comprising approx. 30% of total volume. Moreover, t-shirt production in China exceeded the figures recorded by the second-largest producer, Bangladesh (3B units), twofold. The third position in this ranking was occupied by India (2.5B units), with a 11% share.
What are the leading suppliers of t-shirts to Luxembourg?
+
In value terms, the largest t-shirt suppliers to Luxembourg were Belgium ($3.9M), Bangladesh ($3.4M) and China ($3M), with a combined 34% share of total imports.
What are the leading importers of t-shirts from Luxembourg?
+
In value terms, the largest markets for t-shirt exported from Luxembourg were Germany ($3.9M), the UK ($2.1M) and Belgium ($1.3M), together comprising 77% of total exports. These countries were followed by Japan, Austria, France and the Netherlands, which together accounted for a further 11%.
What is the average export price for t-shirts in Luxembourg?
+
The average t-shirt export price stood at $9.9 per unit in 2020, falling by -4.2% against the previous year.
What is the average import price for t-shirts in Luxembourg?
+
In 2020, the average t-shirt import price amounted to $7.6 per unit, increasing by 12% against the previous year.

Product coverage:
• Prodcom 14143000 - T-shirts, singlets and vests, knitted or crocheted

This report provides an in-depth analysis of the t-shirt 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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