Price for Silk; Woven Fabrics of Noil Silk in Luxembourg - 2023

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Luxembourg (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Luxembourg (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Luxembourg
  4. Exports of Silk; Woven Fabrics of Noil Silk in Luxembourg

Price for Silk; Woven Fabrics of Noil Silk in Luxembourg (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $44,118 per ton in 2022, reducing by -8.9% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 10% against the previous year. The import price peaked at $96,065 per ton in 2014; however, from 2015 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 Germany ($72,657 per ton), while the price for China ($2,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silk; Woven Fabrics of Noil Silk in Luxembourg (FOB) - 2022

The average export price for silk; woven fabrics of noil silks stood at $48,000 per ton in 2022, with an increase of 36% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. Over the period under review, the average export prices hit record highs at $95,605 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Silk; Woven Fabrics of Noil Silk in Luxembourg

In 2022, imports of silk; woven fabrics of noil silks into Luxembourg soared to 68 kg, with an increase of 51% against the year before. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 827% against the previous year. As a result, imports attained the peak of 139 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of silk; woven fabrics of noil silks soared to $3K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 731%. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Silk; Woven Fabrics of Noil Silk in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.1N/A2.5400.0%
VietnamN/AN/A0.10.10.0%
ChinaN/AN/AN/A0.10%
United KingdomN/A0.80.2N/A-75.0%
France0.18.91.2N/A246.4%
IndiaN/AN/A0.3N/A0%
Italy0.80.9N/AN/A12.5%
Others0.50.40.40.3-15.7%
Total1.311.22.23.032.1%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Luxembourg in 2022:

  1. Germany (35.0 kg)
  2. China (27.0 kg)
  3. Vietnam (5.0 kg)

Exports of Silk; Woven Fabrics of Noil Silk in Luxembourg

In 2022, after two years of decline, there was significant decline in overseas shipments of silk; woven fabrics of noil silks, when their volume decreased by -80% to 1 kg. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, exports of silk; woven fabrics of noil silks shrank sharply to $48 in 2022. In general, exports, however, enjoyed a strong expansion.

Export of Silk; Woven Fabrics of Noil Silk in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A48.00%
Japan40.0N/AN/AN/A0%
Bosnia and HerzegovinaN/AN/A6.0N/A0%
TunisiaN/AN/A170N/A0%
OthersN/AN/AN/AN/A0%
Total40.0N/A17648.06.3%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Luxembourg in 2022:

  1. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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