Luxembourg - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Luxembourg - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

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Flat Glass Price in Luxembourg - 2023

Contents:

  1. Flat Glass Price in Luxembourg (FOB) - 2022
  2. Flat Glass Price in Luxembourg (CIF) - 2023
  3. Flat Glass Exports in Luxembourg
  4. Flat Glass Imports in Luxembourg

Flat Glass Price in Luxembourg (FOB) - 2022

In 2022, the average flat glass export price amounted to $8 per square meter, almost unchanged from the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flat glass export price increased by +8.1% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $8.6 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1.4 per square meter), while the average price for exports to the Netherlands ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Flat Glass Price in Luxembourg (CIF) - 2023

The average flat glass import price stood at $5.4 per square meter in February 2023, surging by 11% against the previous month. Over the period from August 2022 to February 2023, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% against the previous month. As a result, import price attained the peak level of $5.4 per square meter; afterwards, it flattened through to February 2023.

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

From August 2022 to February 2023, the rate of growth in terms of prices for the UK amounted to +3.2% per month.

Flat Glass Exports in Luxembourg

For the third year in a row, Luxembourg recorded decline in shipments abroad of flat glass, which decreased by -32.3% to 11M square meters in 2022. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -5.6% was in 2021. Over the period under review, the exports attained the peak figure at 23M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, flat glass exports contracted markedly to $87M in 2022. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 0.7% against the previous year. Over the period under review, the exports attained the maximum at $183M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Flat Glass in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain14.315.214.118.48.8%
Italy15.89.310.511.9-9.0%
Germany44.123.218.89.8-39.4%
France25.115.517.29.0-29.0%
Belgium19.313.913.18.9-22.7%
Poland5.65.13.95.2-2.4%
Turkey3.53.36.53.71.9%
Portugal1.02.52.52.840.9%
Israel2.32.61.92.64.2%
Qatar0.13.74.22.0171.4%
United Kingdom10.92.65.11.4-49.5%
Netherlands9.95.35.41.2-50.5%
Austria7.35.96.31.0-48.5%
Others23.717.617.18.9-27.9%
Total18312612686.8-22.0%

Top Export Markets for Flat Glass from Luxembourg in 2022:

  1. Spain (24.0M square meters)
  2. Italy (16.1M square meters)
  3. France (16.1M square meters)
  4. Germany (14.7M square meters)
  5. Belgium (13.9M square meters)
  6. Poland (7.0M square meters)
  7. Portugal (3.3M square meters)
  8. Turkey (2.7M square meters)
  9. Israel (2.4M square meters)
  10. Netherlands (2.2M square meters)
  11. Qatar (1.8M square meters)
  12. Austria (1.4M square meters)
  13. United Kingdom (1.3M square meters)

Flat Glass Imports in Luxembourg

Flat glass imports into Luxembourg soared to 15M square meters in 2022, growing by 180% against 2021 figures. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flat glass imports soared to $70M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flat Glass in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.013.521.134.735.3%
Spain4.23.64.214.751.8%
United Kingdom3.05.42.47.233.9%
Italy1.31.32.23.235.0%
Poland1.30.32.22.626.0%
Hungary1.81.01.01.4-8.0%
Belgium1.00.90.60.9-3.5%
Others1.70.82.15.346.1%
Total28.326.735.869.935.2%

Top Suppliers of Flat Glass to Luxembourg in 2022:

  1. Germany (72.8M square meters)
  2. Spain (39.5M square meters)
  3. United Kingdom (11.3M square meters)
  4. Italy (6.0M square meters)
  5. Poland (5.6M square meters)
  6. Hungary (2.4M square meters)
  7. Belgium (1.3M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flat glass 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 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
  • Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
  • Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
  • Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
  • Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Flat Glass - Luxembourg