Luxembourg: Cotton Fabric Market 2025

Cotton Fabric Market Size in Luxembourg

The Luxembourg cotton fabric market dropped to $X in 2021, reducing by -5% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then dropped in the following year.

Cotton Fabric Production in Luxembourg

In value terms, cotton fabric production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 16%. Cotton fabric production peaked at $X in 2020, and then contracted in the following year.

Cotton Fabric Exports

Exports from Luxembourg

In 2021, approx. X tons of woven fabrics of cotton were exported from Luxembourg; with an increase of 480% against the previous year's figure. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 483% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cotton fabric exports soared to $X in 2021. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,014%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for cotton fabric exports from Luxembourg, accounting for a 165% share of total exports. It was followed by Germany (X kg), with a 2.6% share of total exports. Japan (X kg) ranked third in terms of total exports with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +224.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+102.6% per year) and Japan (-93.3% per year).

In value terms, Turkey ($X) emerged as the key foreign market for woven fabrics of cotton exports from Luxembourg, comprising 75% of total exports. The second position in the ranking was taken by Japan ($X), with a 16% share of total exports. It was followed by Germany, with a 1.7% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +117.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+10.3% per year) and Germany (+93.6% per year).

Export Prices by Country

In 2021, the average cotton fabric export price amounted to $X per ton, which is down by -36.5% against the previous year. In general, the export price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2013 an increase of 99.9% against the previous year. The export price peaked at $X per ton in 2020, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Turkey ($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 Japan (+1,557.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Imports

Imports into Luxembourg

Cotton fabric imports into Luxembourg skyrocketed to X tons in 2021, with an increase of 19% on the previous year. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.3% against 2016 indices. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, cotton fabric imports skyrocketed to $X in 2021. In general, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 44%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of cotton fabric imports to Luxembourg, with a combined 80% share of total imports. These countries were followed by Finland, Portugal, the Netherlands and Italy, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +52.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of woven fabrics of cotton to Luxembourg, comprising 43% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.5% per year) and Germany (+5.9% per year).

Import Prices by Country

The average cotton fabric import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 30%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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