Luxembourg: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Luxembourg

The Luxembourg market for chamois leather and combination chamois leather fell to $X in 2022, with a decrease of -10.3% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Chamois Leather and Combination Chamois Leather in Luxembourg

In value terms, production of chamois leather and combination chamois leather declined to $X in 2022 estimated in export price. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by 20% against the previous year. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Luxembourg

In 2022, shipments abroad of chamois leather and combination chamois leather was finally on the rise to reach X square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous setback. The pace of growth appeared the most rapid in 2015 with an increase of 286% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of chamois leather and combination chamois leather declined to $X in 2022. Overall, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2015 when exports increased by 222% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X square meters) was the main destination for exports of chamois leather and combination chamois leather from Luxembourg, accounting for a 93% share of total exports. Moreover, exports of chamois leather and combination chamois leather to Belgium exceeded the volume sent to the second major destination, France (X square meters), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to -25.4%.

In value terms, Belgium ($X) remains the key foreign market for chamois leather and combination chamois leather exports from Luxembourg, comprising 91% of total exports. The second position in the ranking was taken by France ($X), with an 8.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belgium totaled -27.0%.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, with a decrease of -5.4% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 4.4%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the average price for exports to France totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Luxembourg

In 2022, purchases abroad of chamois leather and combination chamois leather decreased by -17.6% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 172% against the previous year. Imports peaked at X square meters in 2021, and then shrank remarkably in the following year.

In value terms, imports of chamois leather and combination chamois leather shrank dramatically to $X in 2022. In general, imports, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2020 when imports increased by 158%. Imports peaked at $X in 2021, and then shrank markedly in the following year.

Imports by Country

Sweden (X square meters), Germany (X square meters) and Belgium (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to Luxembourg, with a combined 84% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +62.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chamois leather and combination chamois leather suppliers to Luxembourg were Sweden ($X), Germany ($X) and Belgium ($X), together comprising 83% of total imports.

Among the main suppliers, Sweden, with a CAGR of +60.9%, 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

The average import price for chamois leather and combination chamois leather stood at $X per square meter in 2022, waning by -8.8% against the previous year. Over the period under review, the import price showed a pronounced decrease. The growth pace was the most rapid in 2017 when the average import price increased by 7.8%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($X per square meter) and Italy ($X per square meter), while the price for Sweden ($X per square meter) and Austria ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :