Price for Waste, Parings and Scrap, of Plastics in Luxembourg - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Luxembourg (CIF) - 2023
2. Price for Waste, Parings and Scrap, of Plastics in Luxembourg (FOB) - 2023
3. Imports of Waste, Parings and Scrap, of Plastics in Luxembourg
4. Exports of Waste, Parings and Scrap, of Plastics in Luxembourg

Price for Waste, Parings and Scrap, of Plastics in Luxembourg (CIF) - 2023

The average import price for waste, parings and scrap, of plasticses stood at $718 per ton in September 2023, surging by 16% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 22% m-o-m. The import price peaked in September 2023.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from the Netherlands ($883 per ton) and Belgium ($800 per ton), while the price for Germany ($630 per ton) and France ($701 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Luxembourg (FOB) - 2023

The average export price for waste, parings and scrap, of plasticses stood at $441 per ton in September 2023, rising by 7.8% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 326% against the previous month. Over the period under review, the average export prices attained the maximum at $480 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Germany ($472 per ton), while the average price for exports to France ($255 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Waste, Parings and Scrap, of Plastics in Luxembourg

In 2022, approx. 11K tons of waste, parings and scrap, of plasticses were imported into Luxembourg; waning by -18.9% on 2021 figures. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 1.8%.

In value terms, imports of waste, parings and scrap, of plasticses shrank rapidly to $6.3M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $7.7M, and then reduced markedly in the following year.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Luxembourg in 2022:

1. France (4.2K tons)
2. Belgium (2.8K tons)
3. Germany (2.3K tons)
4. Poland (0.6K tons)
5. Sweden (0.4K tons)
6. Czech Republic (0.2K tons)

Exports of Waste, Parings and Scrap, of Plastics in Luxembourg

In 2022, overseas shipments of waste, parings and scrap, of plasticses decreased by -12.6% to 10K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 9.7%. As a result, the exports reached the peak of 12K tons, and then reduced in the following year.

In value terms, exports of waste, parings and scrap, of plasticses contracted modestly to $5.4M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 77%. As a result, the exports attained the peak of $5.6M, and then reduced slightly in the following year.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Luxembourg in 2022:

1. Germany (6.4K tons)
2. France (1.8K tons)
3. Netherlands (1.0K tons)
4. Belgium (0.8K tons)

Source: IndexBox Market Intelligence Platform