Luxembourg: Textile Tubing Market 2023

Textile Tubing Market Size in Luxembourg

For the tenth consecutive year, the Luxembourg textile tubing market recorded growth in sales value, which increased by 108% to $X in 2021. In general, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Textile Tubing Exports

Exports from Luxembourg

In 2021, approx. X tons of textile hosepiping and similar textile tubing were exported from Luxembourg; picking up by 46% against the previous year's figure. Over the period under review, total exports indicated a significant increase from 2020 to 2021: its volume increased at an average annual rate of +46.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, textile tubing exports skyrocketed to $X in 2021. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for textile tubing exports from Luxembourg, with a 70% share of total exports. Moreover, textile tubing exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X kg), fivefold. The third position in this ranking was held by Turkey (X kg), with a 6.1% share.

From 2020 to 2021, the average annual growth rate of volume to Germany stood at +102.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3,350.0% per year) and Turkey (0.0% per year).

In value terms, Germany ($X) remains the key foreign market for textile hosepiping and similar textile tubing exports from Luxembourg, comprising 73% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.4% share of total exports. It was followed by France, with a 4.1% share.

From 2020 to 2021, the average annual rate of growth in terms of value to Germany amounted to +142.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3,532.8% per year) and France (+179.6% per year).

Export Prices by Country

In 2021, the average textile tubing export price amounted to $X per ton, growing by 48% against the previous year. Overall, export price indicated a significant increase from 2020 to 2021: its price increased at an average annual rate of +47.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Tubing Imports

Imports into Luxembourg

In 2021, the amount of textile hosepiping and similar textile tubing imported into Luxembourg surged to X tons, jumping by 87% on the year before. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile tubing imports surged to $X in 2021. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest textile tubing supplier to Luxembourg, accounting for a 84% share of total imports. Moreover, textile tubing imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), tenfold. Italy (X tons) ranked third in terms of total imports with a 3.1% share.

From 2020 to 2021, the average annual growth rate of volume from Germany amounted to +137.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+161.8% per year) and Italy (+454.5% per year).

In value terms, Germany ($X) constituted the largest supplier of textile hosepiping and similar textile tubing to Luxembourg, comprising 77% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Belgium, with a 5.1% share.

From 2020 to 2021, the average annual growth rate of value from Germany totaled +180.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+308.5% per year) and Belgium (-8.9% per year).

Import Prices by Country

The average textile tubing import price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +10.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+98.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :