Luxembourg - Argon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArgon Price in Luxembourg - 2023
Contents:
- Argon Price in Luxembourg (CIF) - 2022
- Argon Price in Luxembourg (FOB) - 2022
- Argon Imports in Luxembourg
- Argon Exports in Luxembourg
Argon Price in Luxembourg (CIF) - 2022
The average argon import price stood at $0.4 per cubic meter in 2022, waning by -11.1% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 4.7%. The import price peaked at $0.5 per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($0.4 per cubic meter) and Germany ($0.4 per cubic meter), while the price for France ($0.4 per cubic meter) and Belgium ($0.4 per cubic meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.0%), while the prices for the other major suppliers experienced a decline.
Argon Price in Luxembourg (FOB) - 2022
In 2022, the average argon export price amounted to $0.4 per cubic meter, shrinking by -9.4% against the previous year. Over the period under review, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 3.8% against the previous year. As a result, the export price attained the peak level of $0.5 per cubic meter. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($0.4 per cubic meter), while the average price for exports to France amounted to $0.4 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.8%).
Argon Imports in Luxembourg
For the third consecutive year, Luxembourg recorded decline in purchases abroad of argon, which decreased by -11.4% to 1.4M cubic meters in 2022. In general, imports continue to indicate a dramatic curtailment. Imports peaked at 3.1M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, argon imports reduced rapidly to $549K in 2022. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -11.3% was in 2021. Over the period under review, imports attained the peak figure at $1.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Argon in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 927 | 607 | 443 | 375 | -26.0% |
| Germany | 55.4 | 75.2 | 90.1 | 66.8 | 6.4% |
| France | 224 | 50.2 | 86.8 | 54.7 | -37.5% |
| Netherlands | 25.8 | 10.3 | 23.4 | 28.0 | 2.8% |
| Others | 43.0 | 43.3 | 53.1 | 24.0 | -17.7% |
| Total | 1,276 | 786 | 696 | 549 | -24.5% |
Top Suppliers of Argon to Luxembourg in 2022:
- Belgium (967.8K cubic meters)
- Germany (172.4K cubic meters)
- France (141.2K cubic meters)
- Netherlands (72.3K cubic meters)
Argon Exports in Luxembourg
In 2022, the amount of argon exported from Luxembourg surged to 13K cubic meters, jumping by 58% compared with 2021 figures. Overall, total exports indicated a strong increase from 2020 to 2022: its volume increased at an average annual rate of +16.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, argon exports surged to $4.9K in 2022. In general, total exports indicated strong growth from 2020 to 2022: its value increased at an average annual rate of +12.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Argon in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| France | 1.4 | 2.7 | 4.5 | 79.3% | |
| Belgium | 0.6 | 0.7 | 0.4 | -18.4% | |
| Germany | 1.9 | N/A | N/A | 0% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 3.9 | 3.4 | 4.9 | 12.1% | |
Top Export Markets for Argon from Luxembourg in 2022:
- France (11.6K cubic meters)
- Belgium (1.1K cubic meters)
This report provides an in-depth analysis of the argon market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111120 - Argon
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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