Key Market Indicators
Luxembourger fabric demand is set to drop by 18.8% on average each year between 2021 and 2026, from $354,560 to $111,830. This decrease is a continuation of a 9.4% drop in demand since 2004. Last year, Luxembourger fabric imports ranked 109th, overtaken by Barbados at $354,560. Indonesia, China and the US took second, third and fourth place respectively. Meanwhile, Luxembourger fabric supply is expected to fall 6.9% each year between 2021 and 2026, from $35,710 to $23,660. This is a contrast to the 2% increase since 2004. Kuwait overtook Luxembourger fabric exports in 2021, with $35,710. South Korea, Italy and Germany were ranked second, third and fourth respectively.