Luxembourg: Other Chemical Products Market 2024

Other Chemical Products Market Size in Luxembourg

The Luxembourg other chemical products market was estimated at less than $X in 2022, approximately reflecting the previous year. Overall, consumption showed a deep reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Other Chemical Products Production in Luxembourg

In value terms, other chemical products production stood at less than $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Other Chemical Products Exports

Exports from Luxembourg

After four years of growth, shipments abroad of other chemical products decreased by X% to X tons in 2016. The total export volume increased at an average annual rate of X% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2015, and then contracted in the following year.

In value terms, other chemical products exports contracted to $X in 2016. The total export value increased at an average annual rate of X% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2016, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for other chemical products exports from Luxembourg, with a X% share of total exports. Moreover, other chemical products exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2016, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for other chemical products exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Germany stood at 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 other chemical products export price stood at $X per ton in 2016, shrinking by X% against the previous year. In general, the export price saw a perceptible decline. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2016, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Other Chemical Products Imports

Imports into Luxembourg

Other chemical products imports into Luxembourg rose to X tons in 2016, surging by X% on 2015. In general, total imports indicated a buoyant expansion from 2012 to 2016: its volume increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by X% against 2013 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2016 and are likely to continue growth in the near future.

In value terms, other chemical products imports fell to $X in 2016. Over the period under review, imports, however, saw a mild slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2016, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of other chemical products imports to Luxembourg, together accounting for X% of total imports. The Netherlands, Canada and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for Canada (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), with a combined X% share of total imports. The Netherlands, China and Canada lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, saw the highest growth rate of 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

In 2016, the average other chemical products import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was China ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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