Report Update: May 1, 2024

Luxembourg - Table, Kitchen Or Household Articles And Parts Of Iron - Market Analysis, Forecast, Size, Trends And Insights

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Iron Household Articles Price in Luxembourg - 2023

Iron Household Articles Price in Luxembourg (CIF) - 2023

The average iron household articles import price stood at $9,716 per ton in June 2023, reducing by -17.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 260% against the previous month. The import price peaked at $12,472 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat 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 France ($15,582 per ton), while the price for Austria ($1,998 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 the Netherlands (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Household Articles Price in Luxembourg (FOB) - 2022

The average iron household articles export price stood at $20,128 per ton in 2022, picking up by 8.7% against the previous year. In general, the export price showed a temperate expansion. The growth pace was the most rapid in 2015 an increase of 86% against the previous year. Over the period under review, the average export prices attained the maximum at $27,322 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($137,820 per ton), while the average price for exports to Turkey ($3,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Household Articles Imports in Luxembourg

In 2022, iron household articles imports into Luxembourg expanded modestly to 497 tons, increasing by 4.6% on the previous year's figure. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, iron household articles imports shrank slightly to $4.2M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Iron Household Articles in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,439	1,795	1,726	1,489	1.1%
Belgium	1,139	1,521	1,445	1,444	8.2%
Netherlands	71.3	335	328	472	87.8%
France	262	312	436	420	17.0%
Singapore	N/A	N/A	0.4	115	28650.0%
Austria	32.9	14.3	9.6	35.9	3.0%
Spain	284	245	42.7	32.4	-51.5%
China	254	25.4	46.0	7.7	-68.8%
Others	354	150	149	159	-23.4%
Total	3,836	4,396	4,182	4,174	2.9%

Top Suppliers of Iron Household Articles to Luxembourg in 2022:

Belgium (243.6 tons)
Germany (118.8 tons)
Netherlands (64.4 tons)
France (30.4 tons)
Austria (15.3 tons)
Singapore (9.9 tons)
Spain (2.5 tons)
China (0.8 tons)

Iron Household Articles Exports in Luxembourg

In 2022, overseas shipments of table, kitchen or household articles and parts of iron decreased by -3.8% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 8.1%. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, iron household articles exports expanded slightly to $248K in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Iron Household Articles in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	107	125	157	112	1.5%
Switzerland	87.8	N/A	38.3	92.3	1.7%
Germany	8.5	18.6	14.6	18.8	30.3%
France	4.5	17.1	8.1	10.8	33.9%
Turkey	N/A	N/A	N/A	8.0	0%
Netherlands	0.8	0.8	1.0	2.0	35.7%
Others	0.9	8.0	17.9	4.4	69.7%
Total	210	169	237	248	5.7%

Top Export Markets for Iron Household Articles from Luxembourg in 2022:

Belgium (7.2 tons)
Turkey (2.3 tons)
Germany (1.4 tons)
Switzerland (0.7 tons)
France (0.4 tons)
Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron household articles 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 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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