Luxembourg: Odoriferous Substance Mixture Market Overview 2021

Odoriferous Substance Mixture Market Size in Luxembourg

The Luxembourg odoriferous substance mixture market soared to $X in 2020, increasing 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). Over the period under review, consumption, however, showed modest growth. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Odoriferous Substance Mixture Exports

Exports from Luxembourg

In 2020, approx. X tonnes of mixtures of odoriferous substances and their preparations were exported from Luxembourg; which is down by -X% against 2019 figures. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then shrank dramatically in the following year.

In value terms, odoriferous substance mixture exports contracted dramatically to $X in 2020. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then fell significantly in the following year.

Exports by Country

Germany (X tonnes), Belgium (X tonnes) and Hungary (X tonnes) were the main destinations of odoriferous substance mixture exports from Luxembourg, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Hungary, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Hungary ($X) were the largest markets for odoriferous substance mixture exported from Luxembourg worldwide, together accounting for X% of total exports.

Germany saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average odoriferous substance mixture export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Germany ($X per tonne) and France ($X per tonne), while the average price for exports to Belgium ($X per tonne) and Hungary ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Odoriferous Substance Mixture Imports

Imports into Luxembourg

In 2020, supplies from abroad of mixtures of odoriferous substances and their preparations increased by X% to X tonnes, rising for the fourth consecutive year after three years of decline. Over the period under review, imports, however, showed a slight descent. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, odoriferous substance mixture imports surged to $X in 2020. In general, imports, however, continue to indicate a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and France (X tonnes) were the main suppliers of odoriferous substance mixture imports to Luxembourg, with a combined X% share of total imports. These countries were followed by Belgium, Switzerland and the UK, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest odoriferous substance mixture suppliers to Luxembourg were Germany ($X), Switzerland ($X) and France ($X), together comprising X% of total imports.

Among the main suppliers, Switzerland (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average odoriferous substance mixture import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price enjoyed a pronounced expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixtures of odoriferous substances and their preparations in the world?

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The countries with the highest volumes of odoriferous substance mixture consumption in 2020 were China (671K tonnes), the U.S. (460K tonnes) and India (263K tonnes), together accounting for 41% of global consumption. These countries were followed by the UK, Brazil, Indonesia, Germany, Ireland, Japan, Mexico, Italy, Belgium and Saudi Arabia, which together accounted for a further 29%.

What are the largest producers of mixtures of odoriferous substances and their preparations in the world?

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The countries with the highest volumes of odoriferous substance mixture production in 2020 were China (690K tonnes), the U.S. (368K tonnes) and India (284K tonnes), with a combined 43% share of global production. These countries were followed by Ireland, Germany, Brazil, Indonesia, Singapore, the UK, France, Switzerland, Spain and Belgium, which together accounted for a further 38%.

What are the leading suppliers of mixtures of odoriferous substances and their preparations to Luxembourg?

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In value terms, the largest odoriferous substance mixture suppliers to Luxembourg were Germany ($1.8M), Switzerland ($1.5M) and France ($1.4M), with a combined 79% share of total imports.

What are the leading importers of mixtures of odoriferous substances and their preparations from Luxembourg?

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In value terms, the largest markets for odoriferous substance mixture exported from Luxembourg were Germany ($125K), Belgium ($70K) and Hungary ($67K), together comprising 86% of total exports.

What is the average export price for mixtures of odoriferous substances and their preparations in Luxembourg?

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The average odoriferous substance mixture export price stood at $13,270 per tonne in 2020, rising by 34% against the previous year.

What is the average import price for mixtures of odoriferous substances and their preparations in Luxembourg?

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The average odoriferous substance mixture import price stood at $20,315 per tonne in 2020, jumping by 45% against the previous year.