Luxembourg - Wadding - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Wadding Market 2024
Wadding Market Size in Luxembourg
The Luxembourg wadding market skyrocketed to $X in 2021, with an increase of 36% against the previous year. Overall, consumption posted a resilient increase. Wadding consumption peaked in 2021 and is expected to retain growth in the immediate term.
Wadding Production in Luxembourg
In value terms, wadding production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a significant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 339%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Wadding Exports
Exports from Luxembourg
In 2021, approx. X tons of wadding were exported from Luxembourg; reducing by -40.6% compared with the previous year. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, wadding exports soared to $X in 2021. Over the period under review, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 168%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
Exports by Country
Spain (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of wadding exports from Luxembourg, with a combined 91% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +143.2%), while the other leaders experienced more modest paces of growth.
In value terms, Spain ($X), Italy ($X) and the Netherlands ($X) constituted the largest markets for wadding exported from Luxembourg worldwide, together comprising 96% of total exports.
Spain, with a CAGR of +183.8%, 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 2021, the average wadding export price amounted to $X per ton, with an increase of 241% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Spain ($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 Italy (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wadding Imports
Imports into Luxembourg
Wadding imports into Luxembourg surged to X tons in 2021, picking up by 39% against the previous year's figure. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.
In value terms, wadding imports fell to $X in 2021. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 174%. As a result, imports attained the peak of $X, and then fell in the following year.
Imports by Country
Belgium (X tons), Hungary (X tons) and Lithuania (X tons) were the main suppliers of wadding imports to Luxembourg, with a combined 68% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +77.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Lithuania ($X) constituted the largest supplier of wadding to Luxembourg, comprising 45% of total imports. The second position in the ranking was taken by Hungary ($X), with a 20% share of total imports. It was followed by Belgium, with a 17% share.
From 2012 to 2021, the average annual growth rate of value from Lithuania totaled +69.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+14.7% per year) and Belgium (+1.8% per year).
Import Prices by Country
In 2021, the average wadding import price amounted to $X per ton, declining by -32.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 27%. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then reduced remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Lithuania ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the wadding market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 17221240 - Wadding, other articles of wadding
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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