Luxembourg: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Luxembourg

The Luxembourg high-tenacity filament nylon yarn market surged to $X in 2022, rising by 37% 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 noticeable downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Luxembourg

High-tenacity filament nylon yarn exports from Luxembourg shrank markedly to X tons in 2022, with a decrease of -18.1% compared with the previous year's figure. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 3,600%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn exports skyrocketed to $X in 2022. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 3,323%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for high-tenacity filament nylon yarn exports from Luxembourg, accounting for a 81% share of total exports. Moreover, high-tenacity filament nylon yarn exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled -12.5%.

In value terms, the Czech Republic ($X) remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Luxembourg, comprising 81% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled -11.2%.

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, increasing by 66% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.4%).

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Luxembourg

In 2022, the amount of high-tenacity filament yarn of nylon or other polyamides imported into Luxembourg rose significantly to X tons, picking up by 5.9% on the previous year. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. Overall, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Luxembourg, with a combined 100% 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 Turkey (with a CAGR of +10.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Germany ($X) constituted the largest high-tenacity filament nylon yarn suppliers to Luxembourg, with a combined 100% share of total imports.

Turkey, with a CAGR of +15.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, jumping by 38% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn import price increased by +106.8% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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