Luxembourg: Blanket Market 2025

Blanket Market Size in Luxembourg

In 2022, the Luxembourg blanket market increased by 9.7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Blanket consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blanket Exports

Exports from Luxembourg

In 2022, after two years of growth, there was significant decline in overseas shipments of blankets and traveling rugs (except electric blankets), when their volume decreased by -7.3% to X tons. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 40%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, blanket exports contracted significantly to $X in 2022. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 55%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for blanket exports from Luxembourg, accounting for a 64% share of total exports. Moreover, blanket exports to Belgium exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was held by Switzerland (X kg), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+59.6% per year) and Switzerland (+16.4% per year).

In value terms, the largest markets for blanket exported from Luxembourg were Belgium ($X), Switzerland ($X) and France ($X), together accounting for 60% of total exports.

France, with a CAGR of +55.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, shrinking by -17.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Luxembourg

In 2022, the amount of blankets and traveling rugs (except electric blankets) imported into Luxembourg skyrocketed to X tons, growing by 23% against 2021. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, blanket imports stood at $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 20%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and France (X tons) were the main suppliers of blanket imports to Luxembourg, with a combined 80% share of total imports. Germany, Spain and China lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest blanket suppliers to Luxembourg, together comprising 68% of total imports. France, Spain and China lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Spain, with a CAGR of +38.8%, saw the highest growth rate of the value of imports, 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 blanket import price amounted to $X per ton, dropping by -17.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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