Price for Handkerchiefs (Not Knitted or Crocheted) in Luxembourg - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg

Price for Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (CIF) - 2022

The average import price for handkerchiefs (not knitted or crocheted)s stood at $0.8 per unit in 2022, declining by -8.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 4.1% against the previous year. The import price peaked at $1 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($0.8 per unit) and Bosnia and Herzegovina ($0.8 per unit), while the price for France ($0.8 per unit) and Italy ($0.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.9%), while the prices for the other major suppliers experienced a decline.

Price for Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $0.8 per unit, shrinking by -8.6% against the previous year. Over the period under review, the export price showed a mild setback. The growth pace was the most rapid in 2018 an increase of 12%. Over the period under review, the average export prices reached the maximum at $1 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($0.8 per unit) and France ($0.8 per unit), while the average price for exports to the UK ($0.8 per unit) and Germany ($0.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg

In 2022, overseas purchases of handkerchiefs (not knitted or crocheted)s increased by 22% to 96K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at 179K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports expanded notably to $76K in 2022. Overall, imports, however, continue to indicate a dramatic contraction. Over the period under review, imports hit record highs at $149K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France37.838.815.628.6-8.9%
China17.720.613.010.4-16.2%
Belgium8.215.213.28.20.0%
Italy15.07.88.17.0-22.4%
Bosnia and HerzegovinaN/AN/AN/A4.40%
India5.65.15.84.0-10.6%
Germany47.28.71.94.0-56.1%
Spain7.22.65.33.4-22.1%
Others10.811.74.55.7-19.2%
Total14911167.575.8-20.2%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Luxembourg in 2022:

  1. France (36.9K units)
  2. China (12.9K units)
  3. Belgium (10.2K units)
  4. Italy (9.0K units)
  5. Bosnia and Herzegovina (5.5K units)
  6. Germany (5.1K units)
  7. India (5.0K units)
  8. Spain (4.3K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg

In 2022, approx. 15K units of handkerchiefs (not knitted or crocheted)s were exported from Luxembourg; jumping by 22% against the previous year. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 123% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, handkerchiefs (not knitted or crocheted) exports expanded remarkably to $12K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 140%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Handkerchiefs (Not Knitted or Crocheted) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.22.29.911.2282.6%
France0.4N/A0.30.2-20.6%
Germany0.1N/A0.10.226.0%
United Kingdom1.21.7N/AN/A41.7%
Netherlands0.20.50.1N/A-29.3%
OthersN/AN/A0.2N/A0%
Total2.14.410.511.777.3%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Luxembourg in 2022:

  1. Netherlands (undefinedK units)
  2. Belgium (13.9K units)
  3. France (0.3K units)
  4. Germany (0.3K units)
  5. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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