Luxembourg: Jersey Market 2025

Jersey Market Size in Luxembourg

In 2022, the Luxembourg jersey market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Jersey Exports

Exports from Luxembourg

In 2022, jersey exports from Luxembourg amounted to X units, with an increase of X% against 2021 figures. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, jersey exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main destinations of jersey exports from Luxembourg, with a combined X% share of total exports. France, the UK, Spain, Italy and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jersey exported from Luxembourg were Germany ($X), Belgium ($X) and Hong Kong SAR ($X), together comprising X% of total exports. The UK, Italy, France, the Netherlands and Spain lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to 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 jersey export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jersey export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

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

Jersey Imports

Imports into Luxembourg

Jersey imports into Luxembourg rose notably to X units in 2022, picking up by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, jersey imports rose notably to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Bangladesh (X units), China (X units) and Spain (X units) were the main suppliers of jersey imports to Luxembourg, with a combined X% 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 Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and Bangladesh ($X) constituted the largest jersey suppliers to Luxembourg, with a combined X% share of total imports. Germany, France, Spain, Cambodia and Turkey lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 jersey import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price showed a slight shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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