Luxembourg: Odoriferous Substance Mixture Market Overview 2020

Odoriferous Substance Mixture Market Size in Luxembourg

The revenue of the odoriferous substance mixture market in Luxembourg amounted to $X in 2018, jumping 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, odoriferous substance mixture consumption, however, continues to indicate a drastic drop. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the odoriferous substance mixture market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Odoriferous Substance Mixture Exports

Exports from Luxembourg

In 2018, the amount of mixtures of odoriferous substances and their preparations exported from Luxembourg totaled X tonnes, lowering by -X% against the previous year. In general, odoriferous substance mixture exports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, odoriferous substance mixture exports attained their peak of X tonnes. From 2015 to 2018, the growth of odoriferous substance mixture exports remained at a somewhat lower figure.

In value terms, odoriferous substance mixture exports amounted to $X in 2018. Over the period under review, odoriferous substance mixture exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Turkey (X tonnes), Italy (X tonnes) and Belgium (X tonnes) were the main destinations of odoriferous substance mixture exports from Luxembourg, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for odoriferous substance mixture exported from Luxembourg were Turkey ($X), Italy ($X) and Belgium ($X), together comprising X% of total exports.

Turkey experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average odoriferous substance mixture export price stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the odoriferous substance mixture export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. In that year, the average export prices for mixtures of odoriferous substances and their preparations attained their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average export prices for mixtures of odoriferous substances and their preparations remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Luxembourg

Odoriferous substance mixture imports into Luxembourg stood at X tonnes in 2018, increasing by X% against the previous year. Overall, odoriferous substance mixture imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, odoriferous substance mixture imports reached their peak figure at X tonnes in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, odoriferous substance mixture imports totaled $X in 2018. Overall, odoriferous substance mixture imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. In that year, odoriferous substance mixture imports attained their peak of $X. From 2015 to 2018, the growth of odoriferous substance mixture imports remained at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of odoriferous substance mixture to Luxembourg, accounting for a X% share of total imports. Moreover, odoriferous substance mixture imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of odoriferous substance mixture to Luxembourg, comprising X% of total odoriferous substance mixture imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the odoriferous substance mixture import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for mixtures of odoriferous substances and their preparations attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform