Luxembourg: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Luxembourg

The Luxembourg market for nets of twine, cordage, rope or textile materials expanded sharply to $X in 2022, growing by 9.2% against the previous year. In general, consumption enjoyed a prominent expansion. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Luxembourg

In value terms, twine, cordage or textile net production shrank to $X in 2022 estimated in export price. In general, production, however, posted a strong increase. The growth pace was the most rapid in 2014 when the production volume increased by 964% against the previous year. Twine, cordage or textile net production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Luxembourg

In 2022, overseas shipments of nets of twine, cordage, rope or textile materials were finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 when exports increased by 8,236% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, twine, cordage or textile net exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 6,484%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for twine, cordage or textile net exports from Luxembourg, with a 81% share of total exports. Moreover, twine, cordage or textile net exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to France stood at +69.8%.

In value terms, France ($X) remains the key foreign market for nets of twine, cordage, rope or textile materials exports from Luxembourg, comprising 82% of total exports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +63.0%.

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, flattening at the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 7.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.2%).

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Luxembourg

In 2022, imports of nets of twine, cordage, rope or textile materials into Luxembourg skyrocketed to X tons, rising by 45% against 2021. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 1,490% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, twine, cordage or textile net imports soared to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 663% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X tons) was the main supplier of twine, cordage or textile net to Luxembourg, accounting for a 90% share of total imports. Moreover, twine, cordage or textile net imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+22.0% per year) and Germany (+2.2% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of nets of twine, cordage, rope or textile materials to Luxembourg, comprising 76% of total imports. The second position in the ranking was held by Germany ($X), with a 7.1% share of total imports. It was followed by France, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and France (+21.8% per year).

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, reducing by -3.9% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Belgium ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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