Luxembourg: Pantyhose Market 2024

Pantyhose Market Size in Luxembourg

The Luxembourg pantyhose market reduced slightly to $X in 2022, which is down by X% 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). Overall, consumption saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Pantyhose Exports

Exports from Luxembourg

After two years of growth, overseas shipments of pantyhose and tights decreased by X% to X pairs in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X pairs in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pantyhose exports rose to $X in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. 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

Croatia (X pairs) was the main destination for pantyhose exports from Luxembourg, with a X% share of total exports. Moreover, pantyhose exports to Croatia exceeded the volume sent to the second major destination, Belgium (X pairs), threefold. France (X pairs) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and France (X% per year).

In value terms, Croatia ($X) remains the key foreign market for pantyhose and tights exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and France (X% per year).

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per pair), while the average price for exports to Croatia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pantyhose Imports

Imports into Luxembourg

In 2022, the amount of pantyhose and tights imported into Luxembourg shrank modestly to X pairs, dropping by X% on the previous year's figure. Overall, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X pairs in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports contracted to $X in 2022. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X pairs), Croatia (X pairs) and France (X pairs) were the main suppliers of pantyhose imports to Luxembourg, together accounting for X% of total imports.

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

In value terms, the largest pantyhose suppliers to Luxembourg were Belgium ($X), Croatia ($X) and France ($X), with a combined X% share of total imports.

In terms of the main suppliers, Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pantyhose import price amounted to $X per pair, remaining stable against the previous year. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per pair), while the price for Croatia ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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