Luxembourg: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Luxembourg

In 2021, the Luxembourg market for braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Luxembourg

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable setback. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Luxembourg

In 2021, approx. X kg of braids in the piece, tassels and pompons, ornamental trimmings were exported from Luxembourg; surging by X% on 2020 figures. Over the period under review, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Luxembourg, accounting for a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to France exceeded the volume sent to the second major destination, Belgium (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Germany (+X% per year).

In value terms, France ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2021, the average export price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Luxembourg

In 2021, after two years of growth, there was significant decline in supplies from abroad of braids in the piece, tassels and pompons, ornamental trimmings, when their volume decreased by -X% to X tons. In general, imports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings soared to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Luxembourg, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Luxembourg, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform