Price for Artwork; Collages and Similar Decorative Plaques in Luxembourg - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in Luxembourg (CIF) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in Luxembourg (FOB) - 2022
3. Imports of Artwork; Collages and Similar Decorative Plaques in Luxembourg
4. Exports of Artwork; Collages and Similar Decorative Plaques in Luxembourg

Price for Artwork; Collages and Similar Decorative Plaques in Luxembourg (CIF) - 2022

The average import price for artwork; collages and similar decorative plaqueses stood at $31,253 per ton in 2022, with an increase of 18% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 132%. The import price peaked at $44,437 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($588,637 per ton), while the price for the Netherlands ($3,848 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Luxembourg (FOB) - 2022

In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $519,753 per ton, surging by 255% against the previous year. Overall, the export price posted significant growth. The growth pace was the most rapid in 2018 an increase of 1,042% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,860,652 per ton), while the average price for exports to Switzerland stood at $352,025 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+63.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Artwork; Collages and Similar Decorative Plaques in Luxembourg

After three years of growth, purchases abroad of artwork; collages and similar decorative plaqueses decreased by -18.8% to 33 tons in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 523% against the previous year.

In value terms, imports of artwork; collages and similar decorative plaqueses declined slightly to $1M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 448% against the previous year.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Luxembourg in 2022:

1. Netherlands (17.6 tons)
2. Spain (7.7 tons)
3. Germany (5.4 tons)
4. United States (0.6 tons)
5. Switzerland (0.6 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in Luxembourg

After three years of growth, overseas shipments of artwork; collages and similar decorative plaqueses decreased by -74.2% to 344 kg in 2022. Overall, exports, however, showed a mild expansion. The pace of growth was the most pronounced in 2021 when exports increased by 280%. As a result, the exports reached the peak of 1.3 tons, and then contracted rapidly in the following year.

In value terms, exports of artwork; collages and similar decorative plaqueses shrank to $179K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 56%.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Luxembourg in 2022:

1. Switzerland (321.0 kg)
2. United States (23.0 kg)

Source: IndexBox Market Intelligence Platform