Luxembourg: Plaits And Basketwork Market 2025

Plaits And Basketwork Market Size in Luxembourg

In 2022, after four years of growth, there was significant decline in the Luxembourg plaits and basketwork market, when its value decreased by -8.9% to $X. In general, consumption, however, posted a buoyant increase. Plaits and basketwork consumption peaked at $X in 2021, and then fell in the following year.

Plaits And Basketwork Exports

Exports from Luxembourg

In 2022, after five years of growth, there was significant decline in overseas shipments of plaits, basketwork, wickerwork and similar products of plaiting materials, when their volume decreased by -76.1% to X tons. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 376%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plaits and basketwork exports shrank notably to $X in 2022. Overall, exports, however, showed a slight expansion. The pace of growth appeared the most rapid in 2013 with an increase of 237% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of plaits and basketwork exports from Luxembourg, together accounting for 89% of total exports. The Netherlands lagged somewhat behind, accounting for a further 10%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +38.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) appeared to be the largest markets for plaits and basketwork exported from Luxembourg worldwide, with a combined 66% share of total exports. These countries were followed by the Netherlands, which accounted for a further 4.1%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +36.0%, 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 more modest paces of growth.

Export Prices by Country

The average plaits and basketwork export price stood at $X per ton in 2022, increasing by 159% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 191% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, 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 Belgium ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Plaits And Basketwork Imports

Imports into Luxembourg

In 2022, overseas purchases of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by -24.2% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 92% against the previous year. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, plaits and basketwork imports reached $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +109.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Vietnam (X tons), China (X tons) and Germany (X tons) were the main suppliers of plaits and basketwork imports to Luxembourg, with a combined 60% share of total imports. France, Spain, Belgium, Poland, Italy and the Netherlands lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +43.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plaits and basketwork suppliers to Luxembourg were China ($X), Germany ($X) and France ($X), with a combined 55% share of total imports. Belgium, Italy, Vietnam, Spain, the Netherlands and Poland lagged somewhat behind, together accounting for a further 29%.

Spain, with a CAGR of +30.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 plaits and basketwork import price amounted to $X per ton, surging by 36% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Italy ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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