Luxembourg: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Luxembourg

The Luxembourg narrow woven fabric market expanded rapidly to $X in 2021, growing by 6.9% 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). In general, consumption showed a slight decline. Narrow woven fabric consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Narrow Woven Fabric Exports

Exports from Luxembourg

In 2021, overseas shipments of narrow woven fabrics decreased by -72.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 96% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, narrow woven fabric exports declined rapidly to $X in 2021. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 100%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X kg), France (X kg) and Belgium (X kg) were the main destinations of narrow woven fabric exports from Luxembourg, together accounting for 72% of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +51.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for narrow woven fabrics exports from Luxembourg, comprising 66% of total exports. The second position in the ranking was held by Turkey ($X), with an 11% share of total exports. It was followed by Germany, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+18.8% per year) and Germany (-9.6% per year).

Export Prices by Country

In 2021, the average narrow woven fabric export price amounted to $X per ton, growing by 112% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 France (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Narrow Woven Fabric Imports

Imports into Luxembourg

After four years of growth, supplies from abroad of narrow woven fabrics decreased by -16.1% to X tons in 2021. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 29% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, narrow woven fabric imports expanded slightly to $X in 2021. Overall, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 28% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and China (X tons) were the main suppliers of narrow woven fabric imports to Luxembourg, with a combined 73% share of total imports. France, the Netherlands, Portugal and Austria lagged somewhat behind, together comprising 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 +63.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of narrow woven fabrics to Luxembourg, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.0% per year) and China (-2.8% per year).

Import Prices by Country

The average narrow woven fabric import price stood at $X per ton in 2021, jumping by 23% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, narrow woven fabric import price decreased by -43.0% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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 Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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