Luxembourg - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConcrete Reinforcing Bar Price in Luxembourg - 2023
Contents:
- Concrete Reinforcing Bar Price in Luxembourg (CIF) - 2023
- Concrete Reinforcing Bar Price in Luxembourg (FOB) - 2023
- Concrete Reinforcing Bar Imports in Luxembourg
- Concrete Reinforcing Bar Exports in Luxembourg
Concrete Reinforcing Bar Price in Luxembourg (CIF) - 2023
The average concrete reinforcing bar import price stood at $1,091 per ton in June 2023, which is down by -6.4% against the previous month. Over the period under review, the import price continues to indicate a slight setback. The pace of growth was the most pronounced in April 2023 when the average import price increased by 23% against the previous month. Over the period under review, average import prices attained the maximum at $1,385 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($1,600 per ton), while the price for France ($959 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced a decline.
Concrete Reinforcing Bar Price in Luxembourg (FOB) - 2023
The average concrete reinforcing bar export price stood at $1,048 per ton in May 2023, picking up by 1.7% against the previous month. Overall, the export price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in October 2022 an increase of 194% m-o-m. The export price peaked at $2,166 per ton in December 2022; however, from January 2023 to May 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was Germany ($2,800 per ton), while the average price for exports to Belgium ($425 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Concrete Reinforcing Bar Imports in Luxembourg
In 2022, approx. 57K tons of concrete reinforcing bars were imported into Luxembourg; shrinking by -3.4% against 2021. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of 59K tons, and then reduced in the following year.
In value terms, concrete reinforcing bar imports skyrocketed to $67M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Concrete Reinforcing Bar in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 20.8 | 22.8 | 35.5 | 41.3 | 25.7% |
France | 10.1 | 6.1 | 16.5 | 20.9 | 27.4% |
Italy | 1.0 | 0.8 | 1.6 | 1.8 | 21.6% |
Greece | N/A | N/A | N/A | 1.2 | 0% |
Belgium | 0.8 | 0.6 | 1.1 | 1.2 | 14.5% |
Czech Republic | 1.8 | 1.4 | 0.5 | N/A | -47.3% |
Others | 0.7 | 1.8 | 0.4 | 0.9 | 8.7% |
Total | 35.2 | 33.6 | 55.7 | 67.3 | 24.1% |
Top Suppliers of Concrete Reinforcing Bar to Luxembourg in 2022:
- Germany (31.7K tons)
- France (20.4K tons)
- Italy (1.6K tons)
- Greece (1.4K tons)
- Belgium (1.0K tons)
Concrete Reinforcing Bar Exports in Luxembourg
For the third consecutive year, Luxembourg recorded decline in overseas shipments of concrete reinforcing bars, which decreased by -31.8% to 6.6K tons in 2022. Overall, exports recorded a sharp decline. The smallest decline of -3.4% was in 2020.
In value terms, concrete reinforcing bar exports reduced remarkably to $5.3M in 2022. Over the period under review, exports showed a dramatic slump. The smallest decline of -15.6% was in 2020.
Export of Concrete Reinforcing Bar in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.6 | 3.9 | 2.4 | 1.7 | -28.2% |
France | 4.2 | 3.2 | 1.8 | 1.5 | -29.1% |
Italy | 1.1 | 1.6 | 1.3 | 0.7 | -14.0% |
Belgium | 2.5 | 1.9 | 1.4 | 0.4 | -45.7% |
Sweden | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
Austria | 0.5 | 0.2 | N/A | 0.2 | -26.3% |
Netherlands | 0.9 | 0.9 | 0.4 | 0.1 | -51.9% |
Finland | 0.6 | 0.5 | 0.1 | 0.1 | -45.0% |
Switzerland | 1.1 | 1.3 | 0.5 | 0.1 | -55.0% |
Others | 2.7 | 2.0 | 0.4 | 0.2 | -58.0% |
Total | 18.4 | 15.5 | 8.8 | 5.3 | -34.0% |
Top Export Markets for Concrete Reinforcing Bar from Luxembourg in 2022:
- France (2926.0 tons)
- Germany (1212.9 tons)
- Belgium (1175.6 tons)
- Italy (577.2 tons)
- Sweden (218.8 tons)
- Austria (163.5 tons)
- Netherlands (96.3 tons)
- Finland (51.5 tons)
- Switzerland (40.7 tons)
This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
- Prodcom 24106210 - Hot-rolled concrete reinforcing bars
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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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