Report Update Apr 1, 2024

Luxembourg - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Tufted Textile Fabric Market 2024

Tufted Textile Fabric Market Size in Luxembourg

The Luxembourg tufted textile fabric market was estimated at less than $X in 2022, flattening at the previous year. In general, consumption showed a relatively flat trend pattern.

Tufted Textile Fabric Production in Luxembourg

In value terms, tufted textile fabric production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Tufted textile fabric production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Tufted Textile Fabric Imports

Imports into Luxembourg

In 2022, after three years of growth, there was decline in overseas purchases of tufted textile fabrics, when their volume decreased by X% to X square meters. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tufted textile fabric imports surged to $X in 2022. In general, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X square meters) constituted the largest tufted textile fabric supplier to Luxembourg, accounting for a X% share of total imports. Moreover, tufted textile fabric imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X square meters), sevenfold.

From 2016 to 2022, the average annual rate of growth in terms of volume from Belgium stood at X%.

In value terms, Belgium ($X) constituted the largest supplier of tufted textile fabrics to Luxembourg, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2016 to 2022, the average annual rate of growth in terms of value from Belgium totaled X%.

Import Prices by Country

The average tufted textile fabric import price stood at $X per square meter in 2022, growing by X% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per square meter), while the price for Belgium stood at $X per square meter.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tufted textile fabrics in the world?

The country with the largest volume of tufted textile fabric consumption was Japan, accounting for 52% of total volume. Moreover, tufted textile fabric consumption in Japan exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was taken by the United States, with a 4.2% share.

What are the largest producers of tufted textile fabrics in the world?

China remains the largest tufted textile fabric producing country worldwide, accounting for 46% of total volume. Moreover, tufted textile fabric production in China exceeded the figures recorded by the second-largest producer, the United States, sixfold. The third position in this ranking was held by India, with a 6.5% share.

What are the leading suppliers of tufted textile fabrics to Luxembourg?

In value terms, Belgium constituted the largest supplier of tufted textile fabrics to Luxembourg, comprising 87% of total imports. The second position in the ranking was taken by France $431), with a 13% share of total imports.

What is the average import price for tufted textile fabrics in Luxembourg?

The average tufted textile fabric import price stood at $83 per square meter in 2022, surging by 1,449% against the previous year.

This report provides an in-depth analysis of the tufted textile fabric 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 13204500 - Tufted textile fabrics (excluding tufted carpets and other textile floor coverings)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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