Luxembourg: Steel Sheet Piling Market 2024

Steel Sheet Piling Market Size in Luxembourg

The Luxembourg steel sheet piling market surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a prominent expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Steel Sheet Piling Production in Luxembourg

In value terms, steel sheet piling production declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X%. Steel sheet piling production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Steel Sheet Piling Exports

Exports from Luxembourg

In 2022, exports of sheet piling of steel from Luxembourg fell rapidly to X tons, reducing by X% on the previous year's figure. Overall, exports showed a noticeable setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel sheet piling exports expanded notably to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Germany (X tons) and the United States (X tons) were the main destinations of steel sheet piling exports from Luxembourg, with a combined X% share of total exports. Denmark, Poland, Norway, the UK, Belgium, France, Italy, Egypt, Switzerland and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for steel sheet piling exported from Luxembourg were Germany ($X), the Netherlands ($X) and the United States ($X), together accounting for X% of total exports. Denmark, Norway, the UK, Poland, Belgium, France, Italy, Canada, Egypt and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Egypt, with a CAGR of X%, recorded the highest growth rate of 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

The average steel sheet piling export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel sheet piling export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Canada ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Sheet Piling Imports

Imports into Luxembourg

In 2022, approx. X tons of sheet piling of steel were imported into Luxembourg; with a decrease of X% compared with the previous year. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, steel sheet piling imports contracted remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

Belgium (X tons), Poland (X tons) and France (X tons) were the main suppliers of steel sheet piling imports to Luxembourg, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest steel sheet piling suppliers to Luxembourg were Belgium ($X), Poland ($X) and France ($X), together accounting for X% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average steel sheet piling import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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