Luxembourg: Chemical Contraceptive Preparations Market 2022

Chemical Contraceptive Preparations Market Size in Luxembourg

The Luxembourg chemical contraceptive preparations market rose remarkably to $X in 2021, surging by 6.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Chemical Contraceptive Preparations Exports

Exports from Luxembourg

Chemical contraceptive preparations exports from Luxembourg skyrocketed to X tons in 2021, picking up by 105% compared with 2020. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chemical contraceptive preparations exports soared to $X in 2021. Over the period under review, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for chemical contraceptive preparations exports from Luxembourg, with a 97% share of total exports. It was followed by Burkina Faso (X kg), with a 2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +24.9%.

In value terms, Belgium ($X) remains the key foreign market for chemical contraceptive preparations exports from Luxembourg, comprising 99% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +18.8%.

Export Prices by Country

In 2021, the average chemical contraceptive preparations export price amounted to $X per ton, with a decrease of -12.5% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Burkina Faso amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-4.9%).

Chemical Contraceptive Preparations Imports

Imports into Luxembourg

In 2021, the amount of chemical contraceptive preparations based on hormones or spermicides imported into Luxembourg surged to X tons, with an increase of 46% compared with 2020. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 246% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, chemical contraceptive preparations imports soared to $X in 2021. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 182% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of chemical contraceptive preparations to Luxembourg, accounting for a 88% share of total imports. Moreover, chemical contraceptive preparations imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +14.5%.

In value terms, Belgium ($X) constituted the largest supplier of chemical contraceptive preparations to Luxembourg, comprising 89% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+72.4% per year) and Germany (-64.6% per year).

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, surging by 29% against the previous year. Over the period under review, the import price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2020 an increase of 30% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+59.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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