Price for Braids; in the Piece in Luxembourg - 2023

Contents:

  1. Price for Braids; in the Piece in Luxembourg (CIF) - 2022
  2. Price for Braids; in the Piece in Luxembourg (FOB) - 2022
  3. Imports of Braids; in the Piece in Luxembourg
  4. Exports of Braids; in the Piece in Luxembourg

Price for Braids; in the Piece in Luxembourg (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $11,578 per ton, growing by 46% against the previous year. Overall, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 132% against the previous year. Over the period under review, average import prices attained the peak figure at $16,418 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($31,116 per ton), while the price for Germany ($5,860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.8%), while the prices for the other major suppliers experienced a decline.

Price for Braids; in the Piece in Luxembourg (FOB) - 2022

The average braids; in the piece export price stood at $979 per ton in 2022, which is down by -2.1% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2013 when the average export price increased by 304%. The export price peaked at $34,505 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -15.8% per year.

Imports of Braids; in the Piece in Luxembourg

In 2022, imports of braids; in the pieces into Luxembourg skyrocketed to 5.8 tons, picking up by 16% against the previous year's figure. In general, imports enjoyed a slight increase. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year. As a result, imports attained the peak of 9.8 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, braids; in the piece imports surged to $67K in 2022. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. As a result, imports reached the peak of $98K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Braids; in the Piece in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France34.774.629.447.411.0%
Germany2.910.17.912.864.0%
Hong Kong SARN/AN/AN/A2.90%
SpainN/A9.9N/AN/A0%
Malaysia1.9N/AN/AN/A0%
Others6.53.62.03.5-18.6%
Total46.098.239.366.613.1%

Top Suppliers of Braids; in the Piece to Luxembourg in 2022:

  1. France (3.4 tons)
  2. Germany (2.2 tons)
  3. Hong Kong SAR (0.1 tons)

Exports of Braids; in the Piece in Luxembourg

In 2022, after two years of decline, there was decline in overseas shipments of braids; in the pieces, when their volume decreased by 0% to 1 kg. Overall, exports showed a precipitous setback. The smallest decline of 99.9% was in 2020.

In value terms, braids; in the piece exports amounted to $1 in 2022. Over the period under review, exports saw a dramatic setback. The smallest decline of 99.9% was in 2020.

Export of Braids; in the Piece in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/AN/A0%
Turkey30.9N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total31.0N/AN/AN/A0%

Top Export Markets for Braids; in the Piece from Luxembourg in 2022:

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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