Luxembourg: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Luxembourg

The Luxembourg market for polyethylene with a specific gravity of less than X, in primary forms was estimated at $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Luxembourg

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Luxembourg

For the third consecutive year, Luxembourg recorded growth in overseas shipments of polyethylene with a specific gravity of less than X, in primary forms, which increased by X% to X tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms surged to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Brazil (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of exports of polyethylene with a specific gravity of less than X, in primary forms from Luxembourg, with a combined X% share of total exports.

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 X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene with a specific gravity of less than X exported from Luxembourg were Brazil ($X), Belgium ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Luxembourg

After two years of growth, purchases abroad of polyethylene with a specific gravity of less than X, in primary forms decreased by X% to X tons in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms soared to $X in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of polyethylene with a specific gravity of less than X to Luxembourg, with a X% share of total imports. Moreover, imports of polyethylene with a specific gravity of less than X, in primary forms from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at 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, Belgium ($X) constituted the largest supplier of polyethylene with a specific gravity of less than X, in primary forms to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium 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).

Import Prices by Country

The average import price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Italy ($X per ton), while the price for France ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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