Luxembourg: Semi-Chemical Fluting Market 2023

Semi-Chemical Fluting Market Size in Luxembourg

The Luxembourg semi-chemical fluting market skyrocketed to $X in 2021, picking up by 26% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.1% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Semi-Chemical Fluting Production in Luxembourg

In value terms, semi-chemical fluting production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.4% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 72% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Semi-Chemical Fluting Exports

Exports from Luxembourg

In 2019, shipments abroad of semi-chemical fluting decreased by -80.4% to X kg, falling for the fourth year in a row after four years of growth. Overall, exports showed a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 270% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2019, the growth of the exports remained at a lower figure.

In value terms, semi-chemical fluting exports dropped sharply to $X in 2019. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2015 when exports increased by 133%. As a result, the exports attained the peak of $X. From 2016 to 2019, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for semi-chemical fluting exports from Luxembourg, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the Netherlands amounted to -18.7%.

In value terms, the Netherlands ($X) also remains the key foreign market for semi-chemical fluting exports from Luxembourg.

From 2012 to 2019, the average annual rate of growth in terms of value to the Netherlands stood at -31.1%.

Export Prices by Country

The average semi-chemical fluting export price stood at $X per ton in 2019, which is down by -7.2% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 a decrease of -4.7%. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -15.2% per year.

Semi-Chemical Fluting Imports

Imports into Luxembourg

In 2021, purchases abroad of semi-chemical fluting increased by 51% to X tons, rising for the seventh consecutive year after two years of decline. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 175%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, semi-chemical fluting imports skyrocketed to $X in 2021. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 311%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) was the main supplier of semi-chemical fluting to Luxembourg, with a 99% share of total imports. It was followed by Germany (X kg), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +42.3%.

In value terms, Belgium ($X) constituted the largest supplier of semi-chemical fluting to Luxembourg, comprising 97% of total imports. The second position in the ranking was held by Germany ($X), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +46.3%.

Import Prices by Country

In 2021, the average semi-chemical fluting import price amounted to $X per ton, rising by 37% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 129%. Over the period under review, average import prices attained the maximum 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 Germany ($X per ton), while the price for Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :