Luxembourg: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Luxembourg

The Luxembourg market for PVC floor, wall and ceiling coverings contracted rapidly to $X in 2022, which is down by -96.7% against the previous year. Overall, consumption continues to indicate a sharp setback. As a result, consumption attained the peak level of $X, and then shrank dramatically in the following year.

Production of PVC Floor, Wall and Ceiling Coverings in Luxembourg

In value terms, production of PVC floor, wall and ceiling coverings shrank modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 30%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Luxembourg

In 2022, the amount of PVC floor, wall and ceiling coverings exported from Luxembourg stood at X square meters, picking up by 14% on 2021. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when exports increased by 26% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of PVC floor, wall and ceiling coverings reached $X in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X square meters), Belgium (X square meters) and Germany (X square meters) were the main destinations of exports of PVC floor, wall and ceiling coverings from Luxembourg, with a combined 62% share of total exports. The Netherlands, Sweden, the UK, Spain, Italy, Poland, the Czech Republic and Portugal lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +31.2%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the largest markets for PVC floor, wall and ceiling coverings exported from Luxembourg worldwide, together accounting for 61% of total exports. The Netherlands, Sweden, the UK, Spain, Italy, Poland, the Czech Republic and Portugal lagged somewhat behind, together accounting for a further 28%.

Portugal, with a CAGR of +30.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, falling by -7% against the previous year. In general, the export price saw a slight curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 5.2% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($X per square meter) and the Netherlands ($X per square meter), while the average price for exports to Belgium ($X per square meter) and France ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Luxembourg

In 2022, the amount of PVC floor, wall and ceiling coverings imported into Luxembourg dropped dramatically to X square meters, which is down by -33.7% on 2021. Overall, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 880% against the previous year. Imports peaked at X square meters in 2021, and then dropped remarkably in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings fell markedly to $X in 2022. Over the period under review, imports showed a slight decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 872% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Luxembourg, accounting for a 48% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), twofold. Poland (X square meters) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +127.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+111.4% per year) and Poland (+599.4% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Luxembourg, comprising 47% of total imports. The second position in the ranking was held by South Korea ($X), with a 23% share of total imports. It was followed by Poland, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +112.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+97.3% per year) and Poland (+556.8% per year).

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, with an increase of 10% against the previous year. In general, the import price, however, recorded a deep setback. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($X per square meter) and Poland ($X per square meter), while the price for South Korea ($X per square meter) and China ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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