Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg - 2023

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $4,403 per ton in 2022, with an increase of 10% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45% against the previous year. The import price peaked at $13,986 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($20,093 per ton), while the price for France ($3,885 per ton) was amongst the lowest.

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

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg (FOB) - 2022

The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $4,479 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The export price peaked at $14,132 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($11,552 per ton), while the average price for exports to France amounted to $3,859 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg

In 2022, the amount of twine, cordage or rope; knotted netting, of other than man-made textileses imported into Luxembourg declined modestly to 34 tons, remaining stable against the previous year's figure. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 151% against the previous year. As a result, imports reached the peak of 34 tons, and then fell slightly in the following year.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses rose rapidly to $150K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 90%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Luxembourg in 2022:

1. France (29.6 tons)
2. Germany (1.8 tons)
3. Spain (1.8 tons)
4. Belgium (0.5 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Luxembourg

In 2022, the amount of twine, cordage or rope; knotted netting, of other than man-made textileses exported from Luxembourg totaled 7.1 tons, increasing by 7.3% against the year before. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses surged to $32K in 2022. In general, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Luxembourg in 2022:

1. France (6.8 tons)
2. Belgium (0.3 tons)

Source: IndexBox Market Intelligence Platform