Luxembourg - I-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Luxembourg - I-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights

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Non-Alloy Steel I-Sections Price in Luxembourg - 2023

Contents:

  1. Non-Alloy Steel I-Sections Price in Luxembourg (FOB) - 2023
  2. Non-Alloy Steel I-Sections Price in Luxembourg (CIF) - 2023
  3. Non-Alloy Steel I-Sections Exports in Luxembourg
  4. Non-Alloy Steel I-Sections Imports in Luxembourg

Non-Alloy Steel I-Sections Price in Luxembourg (FOB) - 2023

In September 2023, the average non-alloy steel i-sections export price amounted to $860 per ton, with a decrease of -2.6% against the previous month. Over the period under review, the export price saw a pronounced descent. The pace of growth was the most pronounced in April 2023 an increase of 3.5% against the previous month. The export price peaked at $1,116 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Singapore ($1,088 per ton) and the United Arab Emirates ($1,003 per ton), while the average price for exports to Norway ($824 per ton) and Switzerland ($842 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-0.2%), while the prices for the other major destinations experienced a decline.

Non-Alloy Steel I-Sections Price in Luxembourg (CIF) - 2023

In August 2023, the average non-alloy steel i-sections import price amounted to $895 per ton, shrinking by -2.8% against the previous month. Over the period under review, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% against the previous month. The import price peaked at $1,274 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,200 per ton), while the price for Poland ($845 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (0.0%), while the prices for the other major suppliers experienced a decline.

Non-Alloy Steel I-Sections Exports in Luxembourg

In 2022, the amount of i-sections of non-alloy steel exported from Luxembourg dropped to 253K tons, which is down by -12.4% compared with 2021 figures. Over the period under review, exports saw a noticeable curtailment. The growth pace was the most rapid in 2021 when exports increased by 8.7%.

In value terms, non-alloy steel i-sections exports rose notably to $301M in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of 75%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Non-Alloy Steel I-Sections in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany54.243.290.083.615.5%
Netherlands35.228.457.061.820.6%
France29.025.433.742.213.3%
Belgium26.022.636.436.812.3%
United Kingdom5.72.88.811.927.8%
Austria5.24.57.210.325.6%
Italy5.33.86.18.014.7%
Norway3.22.93.76.023.3%
Switzerland3.62.74.95.917.9%
Poland3.41.01.85.416.7%
Sweden1.71.52.84.740.4%
Others13.516.217.724.421.8%
Total18615527030117.4%

Top Export Markets for Non-Alloy Steel I-Sections from Luxembourg in 2022:

  1. Germany (70.2K tons)
  2. Netherlands (52.2K tons)
  3. France (36.5K tons)
  4. Belgium (29.5K tons)
  5. United Kingdom (9.6K tons)
  6. Austria (8.7K tons)
  7. Italy (7.2K tons)
  8. Poland (4.9K tons)
  9. Norway (4.7K tons)
  10. Switzerland (4.5K tons)
  11. Sweden (3.8K tons)

Non-Alloy Steel I-Sections Imports in Luxembourg

In 2022, non-alloy steel i-sections imports into Luxembourg fell remarkably to 4.5K tons, reducing by -17.3% on the year before. Over the period under review, imports saw a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of 5.4K tons, and then contracted dramatically in the following year.

In value terms, non-alloy steel i-sections imports expanded modestly to $5.6M in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 135% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Non-Alloy Steel I-Sections in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.50.82.42.315.3%
Germany0.90.81.91.621.1%
Belgium0.70.50.61.322.9%
France0.10.10.30.344.2%
Others0.2N/A0.20.1-20.6%
Total3.52.35.45.617.0%

Top Suppliers of Non-Alloy Steel I-Sections to Luxembourg in 2022:

  1. Poland (1987.5 tons)
  2. Germany (1140.7 tons)
  3. Belgium (1049.7 tons)
  4. France (260.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-alloy steel i-sections 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 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)

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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