Luxembourg: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Luxembourg

In 2023, after three years of growth, there was significant decline in the Luxembourg ammonium sulphate market, when its value decreased by X% to $X. In general, consumption, however, saw a prominent expansion. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Ammonium Sulphate Production in Luxembourg

In value terms, ammonium sulphate production dropped to $X in 2023 estimated in export price. Over the period under review, production saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Ammonium sulphate production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Ammonium Sulphate Exports

Exports from Luxembourg

In 2023, shipments abroad of ammonium sulphate increased by X% to X tons, rising for the second consecutive year after six years of decline. Overall, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, ammonium sulphate exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2022 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for ammonium sulphate exports from Luxembourg, with a X% share of total exports. Moreover, ammonium sulphate exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold.

From 2012 to 2023, the average annual growth rate of volume to France stood at X%.

In value terms, France ($X) remains the key foreign market for ammonium sulphate exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to France totaled X%.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).

Ammonium Sulphate Imports

Imports into Luxembourg

In 2023, supplies from abroad of ammonium sulphate decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, ammonium sulphate imports contracted rapidly to $X in 2023. Over the period under review, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X tons) constituted the largest supplier of ammonium sulphate to Luxembourg, with a X% share of total imports. Moreover, ammonium sulphate imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of ammonium sulphate to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2023, the average ammonium sulphate import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Germany ($X per ton), while the price for Austria ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform