Luxembourg: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Luxembourg

The Luxembourg other papers packaging market contracted markedly to $X in 2022, declining by -34.7% 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 continues to indicate a pronounced descent. Other papers packaging consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Other Papers Packaging Exports

Exports from Luxembourg

In 2022, overseas shipments of other papers packaging were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 78%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, other papers packaging exports soared to $X in 2022. In general, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 92% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of other papers packaging exports from Luxembourg.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +19.5%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for other papers packaging exports from Luxembourg, comprising 68% of total exports. The second position in the ranking was held by France ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +46.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-21.1% per year) and Belgium (-15.1% per year).

Export Prices by Country

In 2022, the average other papers packaging export price amounted to $X per ton, rising by 67% against the previous year. Over the period under review, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+22.3%), while the prices for the other major destinations experienced mixed trend patterns.

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Other Papers Packaging Imports

Imports into Luxembourg

Other papers packaging imports into Luxembourg declined notably to X tons in 2022, waning by -41.8% compared with the previous year. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, other papers packaging imports fell notably to $X in 2022. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest other papers packaging supplier to Luxembourg, with a 67% share of total imports. Moreover, other papers packaging imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.1% per year) and Germany (-11.9% per year).

In value terms, Belgium ($X) constituted the largest supplier of other papers packaging to Luxembourg, comprising 55% of total imports. The second position in the ranking was taken by Italy ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.5% per year) and Germany (-5.8% per year).

Import Prices by Country

In 2022, the average other papers packaging import price amounted to $X per ton, growing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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