Luxembourg: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Luxembourg

In 2021, the Luxembourg paper tablecloths market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced curtailment. Paper tablecloths consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Paper Tablecloths Exports

Exports from Luxembourg

In 2021, exports of paper tablecloths and serviettes from Luxembourg dropped remarkably to X tons, waning by -22.2% on the year before. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 6.5% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, paper tablecloths exports contracted notably to $X in 2021. Over the period under review, exports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main destinations of paper tablecloths exports from Luxembourg, together comprising 99% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +6.3%), while the other leaders experienced a decline.

In value terms, the largest markets for paper tablecloths exported from Luxembourg were Belgium ($X), France ($X) and Germany ($X), together comprising 98% of total exports.

Among the main countries of destination, France, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average paper tablecloths export price stood at $X per ton in 2021, flattening at the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper tablecloths export price increased by +117.5% against 2012 indices. The most prominent rate of growth was recorded in 2014 an increase of 33%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Tablecloths Imports

Imports into Luxembourg

In 2021, overseas purchases of paper tablecloths and serviettes were finally on the rise to reach X tons after seven years of decline. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of 20% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, paper tablecloths imports reached $X in 2021. In general, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2016 when imports increased by 9%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of paper tablecloths imports to Luxembourg, together comprising 73% of total imports. These countries were followed by France and Portugal, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +64.4%), while imports for the other leaders experienced a decline.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) were the largest paper tablecloths suppliers to Luxembourg, with a combined 80% share of total imports. These countries were followed by France and Portugal, which together accounted for a further 16%.

In terms of the main suppliers, Portugal, with a CAGR of +39.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average paper tablecloths import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2014 an increase of 27% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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