Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg - 2023

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $6,328 per ton, with a decrease of -19.4% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 35%. The import price peaked at $10,265 per ton in 2013; however, from 2014 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 Germany ($9,963 per ton), while the price for Belgium ($3,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (FOB) - 2022

The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $5,639 per ton in 2022, which is down by -21% against the previous year. Overall, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 11%. The export price peaked at $28,850 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($8,667 per ton), while the average price for exports to Belgium stood at $5,507 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-6.0%), while the prices for the other major destinations experienced a decline.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg

Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Luxembourg fell sharply to 4.8 tons in 2022, with a decrease of -34.4% against the previous year's figure. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of 7.3 tons, and then reduced dramatically in the following year.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses declined notably to $30K in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of $58K, and then contracted rapidly in the following year.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.920.118.719.73.2%
Belgium12.55.934.55.5-23.9%
Germany8.56.74.13.5-25.6%
Others1.40.40.31.76.7%
Total40.233.257.630.5-8.8%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Luxembourg in 2022:

  1. France (2.8 tons)
  2. Belgium (1.5 tons)
  3. Germany (0.4 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg

For the third consecutive year, Luxembourg recorded decline in overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses, which decreased by -18.2% to 72 kg in 2022. Over the period under review, exports recorded a sharp contraction.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted rapidly to $406 in 2022. Overall, exports faced a sharp curtailment.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.82.20.40.4-56.3%
FranceN/AN/AN/AN/A0%
Poland4.01.9N/AN/A-52.5%
UkraineN/AN/A0.3N/A0%
OthersN/A0.1N/AN/A0%
Total8.84.30.60.4-64.3%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Luxembourg in 2022:

  1. Belgium (69.0 kg)
  2. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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