Key Market Indicators
Luxembourg's import of wound dressings is projected to reach approximately $7.4 million by 2028, up from around $7.1 million in 2023. This marks an average annual growth rate of 0.4%. However, it is worth noting that since 2004, the country's demand for wound dressings has declined by an average of 0.2% per year. On the export front, Luxembourg's wound dressing exports are expected to remain steady, reaching about $3.2 million by 2028, the same figure as in 2023. Over the years since 2004, the country's export supply has increased by an average of 0.4% annually. In 2023, Luxembourg ranked 30th in the world for wound dressing exports. Lithuania slightly surpassed Luxembourg with exports also valued at $3.2 million. Leading the rankings were Belgium, Germany, and Austria, occupying the second, third, and fourth positions respectively.
