Luxembourg: Woven Carpet Market 2024

Woven Carpet Market Size in Luxembourg

The Luxembourg woven carpet market expanded remarkably to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a perceptible shrinkage. Woven carpet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Woven Carpet Exports

Exports from Luxembourg

In 2022, woven carpet exports from Luxembourg shrank significantly to X square meters, which is down by X% compared with the previous year. In general, exports recorded a mild slump. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X square meters, and then shrank rapidly in the following year.

In value terms, woven carpet exports reduced sharply to $X in 2022. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Turkey (X square meters), Belgium (X square meters) and France (X square meters) were the main destinations of woven carpet exports from Luxembourg, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) remains the key foreign market for woven carpets and other woven textile coverings exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average woven carpet export price amounted to $X per square meter, increasing by X% against the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while the average price for exports to Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Woven Carpet Imports

Imports into Luxembourg

In 2022, the amount of woven carpets and other woven textile coverings imported into Luxembourg was estimated at X square meters, rising by X% on 2021. Overall, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, woven carpet imports dropped to $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X square meters), France (X square meters) and Belgium (X square meters) were the main suppliers of woven carpet imports to Luxembourg, together accounting for X% of total imports. The Netherlands, Italy, Spain, the United States and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest woven carpet suppliers to Luxembourg were Germany ($X), Belgium ($X) and the United States ($X), with a combined X% share of total imports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average woven carpet import price amounted to $X per square meter, which is down by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Italy ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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