Luxembourg: Knotted Carpet Market 2025

Knotted Carpet Market Size in Luxembourg

In 2022, the Luxembourg knotted carpet market decreased by -17.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a pronounced expansion. Knotted carpet consumption peaked at $X in 2021, and then fell dramatically in the following year.

Knotted Carpet Exports

Exports from Luxembourg

After four years of growth, shipments abroad of knotted carpets and other knotted textile floor coverings decreased by -52.8% to X square meters in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 5,218%. Over the period under review, the exports reached the peak figure at X square meters in 2021, and then reduced rapidly in the following year.

In value terms, knotted carpet exports shrank markedly to $X in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 9,510% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X square meters), Lithuania (X square meters) and Slovenia (X square meters) were the main destinations of knotted carpet exports from Luxembourg, together comprising 88% of total exports. Germany and Poland lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +67.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for knotted carpets and other knotted textile floor coverings exports from Luxembourg, comprising 60% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 30% share of total exports. It was followed by Germany, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled +48.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+4.2% per year) and Germany (+65.0% per year).

Export Prices by Country

The average knotted carpet export price stood at $X per square meter in 2022, rising by 38% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 508%. As a result, the export price attained the peak level of $X per square meter. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the average price for exports to Slovenia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+35.8%), while the prices for the other major destinations experienced a decline.

Knotted Carpet Imports

Imports into Luxembourg

In 2022, after four years of growth, there was significant decline in overseas purchases of knotted carpets and other knotted textile floor coverings, when their volume decreased by -15.3% to X square meters. Over the period under review, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 163% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2021, and then fell notably in the following year.

In value terms, knotted carpet imports reduced remarkably to $X in 2022. Overall, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 121% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, Germany (X square meters) constituted the largest supplier of knotted carpet to Luxembourg, with a 60% share of total imports. Moreover, knotted carpet imports from Germany exceeded the figures recorded by the second-largest supplier, France (X square meters), threefold. The third position in this ranking was taken by India (X square meters), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+21.1% per year) and India (+6.1% per year).

In value terms, the largest knotted carpet suppliers to Luxembourg were Germany ($X), France ($X) and India ($X), with a combined 85% share of total imports. The Netherlands, Belgium, Pakistan, Italy and Finland lagged somewhat behind, together comprising a further 8.1%.

Among the main suppliers, Italy, with a CAGR of +57.9%, recorded the highest rates of growth with regard to 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

In 2022, the average knotted carpet import price amounted to $X per square meter, with a decrease of -26.8% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Finland ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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