Luxembourg: Market for High-Tenacity Filament Yarn Of Polyesters 2025

Market Size for High-Tenacity Filament Yarn Of Polyesters in Luxembourg

In 2021, the Luxembourg high-tenacity filament polyester yarn market increased by 58% to $X, rising for the fourth consecutive year after four years of decline. In general, consumption saw prominent growth. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the near future.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Luxembourg

After two years of decline, shipments abroad of high-tenacity filament yarn of polyesters increased by 40% to X tons in 2021. Overall, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 1,356%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn exports skyrocketed to $X in 2021. In general, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 799%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for high-tenacity filament polyester yarn exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Portugal amounted to +8.8%.

In value terms, Portugal ($X) also remains the key foreign market for high-tenacity filament yarn of polyesters exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to Portugal stood at +6.2%.

Export Prices by Country

The average high-tenacity filament polyester yarn export price stood at $X per ton in 2021, picking up by 20% against the previous year. In general, the export price, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 33%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +9.8% per year.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Luxembourg

In 2021, supplies from abroad of high-tenacity filament yarn of polyesters increased by 65% to X tons, rising for the fourth consecutive year after four years of decline. In general, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 99%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, high-tenacity filament polyester yarn imports skyrocketed to $X in 2021. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) was the main high-tenacity filament polyester yarn supplier to Luxembourg, accounting for a 99% share of total imports. It was followed by South Korea (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France totaled +12.7%.

In value terms, France ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Luxembourg, comprising 95% of total imports. The second position in the ranking was taken by South Korea ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +8.0%.

Import Prices by Country

The average high-tenacity filament polyester yarn import price stood at $X per ton in 2021, reducing by -7.2% against the previous year. In general, the import price saw a noticeable reduction. The growth pace was the most rapid in 2017 when the average import price increased by 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for France stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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