Luxembourg: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Luxembourg

In 2022, the Luxembourg rolled bitumen articles market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. Rolled bitumen articles consumption peaked at $X in 2021, and then dropped slightly in the following year.

Rolled Bitumen Articles Production in Luxembourg

In value terms, rolled bitumen articles production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Rolled bitumen articles production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from Luxembourg

In 2022, after three years of growth, there was decline in shipments abroad of articles of bitumen in rolls, when their volume decreased by X% to X square meters. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X square meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, rolled bitumen articles exports shrank to $X in 2022. In general, exports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X square meters), France (X square meters) and Germany (X square meters) were the main destinations of rolled bitumen articles exports from Luxembourg, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), France ($X) and Germany ($X) appeared to be the largest markets for rolled bitumen articles exported from Luxembourg worldwide, with a combined X% share of total exports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2022, flattening at the previous year. In general, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced a decline.

Rolled Bitumen Articles Imports

Imports into Luxembourg

After four years of growth, overseas purchases of articles of bitumen in rolls decreased by X% to X square meters in 2022. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X square meters in 2021, and then contracted in the following year.

In value terms, rolled bitumen articles imports reduced to $X in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Belgium (X square meters) constituted the largest rolled bitumen articles supplier to Luxembourg, with a X% share of total imports. Moreover, rolled bitumen articles imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X square meters), sixfold. Italy (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average rolled bitumen articles import price amounted to $X per square meter, falling by X% against the previous year. In general, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per square meter) and the Netherlands ($X per square meter), while the price for Germany ($X per square meter) and Belgium ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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