Luxembourg - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicates Price in Luxembourg - 2023
Contents:
- Silicates Price in Luxembourg (CIF) - 2023
- Silicates Price in Luxembourg (FOB) - 2022
- Silicates Imports in Luxembourg
- Silicates Exports in Luxembourg
Silicates Price in Luxembourg (CIF) - 2023
The average silicates import price stood at $794 per ton in May 2023, shrinking by -22.6% against the previous month. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $1,389 per ton. From March 2023 to May 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($22,593 per ton), while the price for France ($714 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates Price in Luxembourg (FOB) - 2022
The average silicates export price stood at $8,904 per ton in 2022, with an increase of 74% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 259%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($9,782 per ton), while the average price for exports to Germany ($3,129 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 Belgium (+0.7%), while the prices for the other major destinations experienced a decline.
Silicates Imports in Luxembourg
Silicates imports into Luxembourg skyrocketed to 2.6K tons in 2022, growing by 18% compared with the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, silicates imports soared to $2.5M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 412 | 430 | 589 | 1,057 | 36.9% |
| Netherlands | 1,004 | 777 | 903 | 848 | -5.5% |
| Germany | 9.1 | 18.3 | 173 | 604 | 304.9% |
| Others | 22.9 | 21.7 | 43.6 | 22.6 | -0.4% |
| Total | 1,448 | 1,247 | 1,709 | 2,532 | 20.5% |
Top Suppliers of Silicates to Luxembourg in 2022:
- France (1680.4 tons)
- Netherlands (624.0 tons)
- Germany (276.8 tons)
Silicates Exports in Luxembourg
In 2022, exports of silicates, commercial alkali metal silicates from Luxembourg surged to 2.5 tons, rising by 265% on the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4,197% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silicates exports soared to $22K in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 5,108%. As a result, the exports attained the peak of $62K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silicates in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.6 | N/A | 0.1 | 20.6 | 225.0% |
| Germany | N/A | 0.1 | N/A | 0.8 | 182.8% |
| France | 0.6 | 61.5 | 3.3 | 0.6 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 61.6 | 3.4 | 21.9 | 163.3% |
Top Export Markets for Silicates from Luxembourg in 2022:
- Belgium (2103.0 kg)
- Germany (242.0 kg)
- France (119.0 kg)
This report provides an in-depth analysis of the silicates 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 20136240 - Silicates, commercial alkali metal silicates
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
-
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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