Luxembourg: Other Agglomerates Market 2023

Other Agglomerates Market Size in Luxembourg

In 2021, the Luxembourg other agglomerates market decreased by -18% to $X, falling for the third consecutive year after two years of growth. Overall, consumption continues to indicate a precipitous slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Other Agglomerates Exports

Exports from Luxembourg

In 2021, the amount of other agglomerates exported from Luxembourg skyrocketed to X tons, jumping by 108% against the year before. Overall, exports, however, continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 174% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, other agglomerates exports surged to $X in 2021. In general, exports, however, showed a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 98%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of other agglomerates exports from Luxembourg, together accounting for 99.9% of total exports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of -36.5%), while shipments for the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for other agglomerates exports from Luxembourg, comprising 59% of total exports. The second position in the ranking was taken by Germany ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France amounted to -28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-31.4% per year) and Belgium (-40.4% per year).

Export Prices by Country

The average other agglomerates export price stood at $X per ton in 2021, reducing by -32.3% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 171%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Other Agglomerates Imports

Imports into Luxembourg

Other agglomerates imports into Luxembourg fell to X tons in 2021, with a decrease of -11.9% compared with 2020 figures. In general, imports recorded a significant decline. The growth pace was the most rapid in 2014 when imports increased by 100%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, other agglomerates imports expanded significantly to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 113% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest other agglomerates supplier to Luxembourg, with a 78% share of total imports. Moreover, other agglomerates imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-20.8% per year) and the Czech Republic (-11.0% per year).

In value terms, Germany ($X) constituted the largest supplier of other agglomerates to Luxembourg, comprising 76% of total imports. The second position in the ranking was held by Belgium ($X), with a 20% share of total imports. It was followed by the Czech Republic, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-19.4% per year) and the Czech Republic (-14.1% per year).

Import Prices by Country

The average other agglomerates import price stood at $X per ton in 2021, surging by 22% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 195% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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