Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $51,840 per ton, picking up by 99% against the previous year. In general, the import price posted a slight increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110%. The import price peaked at $63,059 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($116,250 per ton), while the price for Germany amounted to $39,571 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg

In 2022, overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -32.4% to 25 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 68% against the previous year. As a result, imports reached the peak of 57 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $1.3K in 2022. In general, imports faced a deep slump.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1551,28826583175.0%
Belgium954N/AN/A465-21.3%
ChinaN/AN/A57.0N/A0%
France1,035N/A640N/A-21.4%
PortugalN/A214N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,1441,5029621,296-15.4%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Luxembourg in 2022:

  1. Germany (21.0 kg)
  2. Belgium (4.0 kg)

Source: IndexBox Market Intelligence Platform

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