Report Update Nov 1, 2024

Luxembourg - Wooden Frames for Paintings, Photographs, Mirrors or Similar Objects - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Wooden Frame Market 2024

Wooden Frame Market Size in Luxembourg

In 2022, the Luxembourg wooden frame market decreased by -30.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a mild setback. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Wooden Frame Exports

Exports from Luxembourg

In 2022, exports of wooden frames for paintings, photographs, mirrors or similar objects from Luxembourg dropped to X units, declining by -14.4% compared with the previous year's figure. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 754% against the previous year. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, wooden frame exports fell dramatically to $X in 2022. Over the period under review, exports saw a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 985% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for wooden frame exports from Luxembourg, with a 98% share of total exports. It was followed by Belgium (X units), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +13.7%.

In value terms, France ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Luxembourg, comprising 93% of total exports. The second position in the ranking was taken by Belgium ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +1.9%.

Export Prices by Country

In 2022, the average wooden frame export price amounted to $X per unit, shrinking by -43.2% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 221%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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 Belgium ($X per unit), while the average price for exports to France totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.1%).

Wooden Frame Imports

Imports into Luxembourg

In 2022, purchases abroad of wooden frames for paintings, photographs, mirrors or similar objects decreased by -29.1% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% 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 +5.2% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, wooden frame imports contracted notably to $X in 2022. In general, imports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame to Luxembourg, accounting for a 46% share of total imports. Moreover, wooden frame imports from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was held by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.9% per year) and Germany (+7.5% per year).

In value terms, France ($X), China ($X) and Germany ($X) were the largest wooden frame suppliers to Luxembourg, with a combined 74% share of total imports. Belgium, Italy, the Netherlands, Myanmar and Switzerland lagged somewhat behind, together comprising a further 17%.

Myanmar, with a CAGR of +69.8%, recorded the highest growth rate of 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 wooden frame import price amounted to $X per unit, rising by 2.4% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 17%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden frames for paintings, photographs, mirrors or similar objects in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 52% of global consumption. These countries were followed by the UK, Pakistan, Indonesia, Brazil, Mexico, Poland, Canada and Iran, which together accounted for a further 23%.

What are the largest producers of wooden frames for paintings, photographs, mirrors or similar objects in the world?

China remains the largest wooden frame producing country worldwide, accounting for 41% of total volume. Moreover, wooden frame production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of wooden frames for paintings, photographs, mirrors or similar objects to Luxembourg?

In value terms, the largest wooden frame suppliers to Luxembourg were France, Germany and Belgium, with a combined 80% share of total imports. The Netherlands, Italy, China and Spain lagged somewhat behind, together comprising a further 18%.

What are the leading importers of wooden frames for paintings, photographs, mirrors or similar objects from Luxembourg?

In value terms, France remains the key foreign market for wooden frame exports from Luxembourg.

What is the average export price for wooden frames for paintings, photographs, mirrors or similar objects in Luxembourg?

In 2021, the average wooden frame export price amounted to $10 per unit, rising by 9.6% against the previous year.

What is the average import price for wooden frames for paintings, photographs, mirrors or similar objects in Luxembourg?

The average wooden frame import price stood at $14 per unit in 2021, growing by 13% against the previous year.

This report provides an in-depth analysis of the wooden frame 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 16291420 - Wooden frames for paintings, photographs, mirrors or similar objects

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:

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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:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023