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Luxembourg - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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Luxembourg: Magnesite Market Overview 2021

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Magnesite Market Size in Luxembourg

The Luxembourg magnesite market contracted significantly to $X in 2020, which is down by -X% 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). Overall, consumption, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when the market value increased by X% y-o-y. Magnesite consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Magnesite Exports

Exports from Luxembourg

After two years of decline, shipments abroad of magnesite increased by X% to X tonnes in 2020. Overall, exports, however, recorded a abrupt setback. Over the period under review, exports hit record highs at X tonnes in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, magnesite exports fell remarkably to $X in 2020. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for magnesite exports from Luxembourg, with a X% share of total exports. Moreover, magnesite exports to Germany exceeded the volume sent to the second major destination, Belgium (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and France (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and France (-X% per year).

Export Prices by Country

The average magnesite export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, the export price recorded a slight decrease. The pace of growth appeared the most rapid in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then fell markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Magnesite Imports

Imports into Luxembourg

For the third year in a row, Luxembourg recorded decline in purchases abroad of magnesite, which decreased by -X% to X tonnes in 2020. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, magnesite imports reduced markedly to $X in 2020. Over the period under review, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of magnesite to Luxembourg, with a X% share of total imports. Moreover, magnesite imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Italy (+X% per year).

In value terms, the largest magnesite suppliers to Luxembourg were Italy ($X), Belgium ($X) and Germany ($X), together comprising X% of total imports.

Belgium (+X% per year) recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average magnesite import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. The import price peaked at $X per tonne in 2010; however, from 2011 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesite in the world?
+
The country with the largest volume of magnesite consumption was China (216K tonnes), comprising approx. 35% of total volume. Moreover, magnesite consumption in China exceeded the figures recorded by the second-largest consumer, India (55K tonnes), fourfold. The United Arab Emirates (37K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of magnesite in the world?
+
The country with the largest volume of magnesite production was China (277K tonnes), accounting for 53% of total volume. Moreover, magnesite production in China exceeded the figures recorded by the second-largest producer, Turkey (62K tonnes), fourfold. The third position in this ranking was occupied by the United Arab Emirates (39K tonnes), with a 7.5% share.
What are the leading suppliers of magnesite to Luxembourg?
+
In value terms, Italy ($83K), Belgium ($58K) and Germany ($29K) constituted the largest magnesite suppliers to Luxembourg, together accounting for 100% of total imports.
What are the leading importers of magnesite from Luxembourg?
+
In value terms, Germany ($38K) remains the key foreign market for magnesite exports from Luxembourg, comprising 79% of total exports. The second position in the ranking was occupied by Belgium ($8.8K), with a 18% share of total exports.
What is the average export price for magnesite in Luxembourg?
+
The average magnesite export price stood at $159 per tonne in 2020, reducing by -38.9% against the previous year.
What is the average import price for magnesite in Luxembourg?
+
The average magnesite import price stood at $161 per tonne in 2020, rising by 5.9% against the previous year.

Product coverage:
• UNCode 16390-1 - Magnesite

This report provides an in-depth analysis of the magnesite 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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