Luxembourg: Silicon Dioxide Market 2022

Silicon Dioxide Market Size in Luxembourg

For the third consecutive year, the Luxembourg silicon dioxide market recorded decline in sales value, which decreased by -X% to $X in 2021. Overall, consumption, however, continues to indicate a slight downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Silicon Dioxide Exports

Exports from Luxembourg

In 2021, after three years of growth, there was significant decline in overseas shipments of silicon dioxide, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. The exports peaked at X tonnes in 2020, and then dropped markedly in the following year.

In value terms, silicon dioxide exports reduced remarkably to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

The Czech Republic (X tonnes) was the main destination for silicon dioxide exports from Luxembourg, with a X% share of total exports. Moreover, silicon dioxide exports to the Czech Republic exceeded the volume sent to the second major destination, France (X tonnes), more than tenfold. The third position in this ranking was occupied by the United States (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the United States (+X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for silicon dioxide exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the United States (+X% per year).

Export Prices by Country

In 2021, the average silicon dioxide export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, the average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, 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 mixed trend patterns.

Silicon Dioxide Imports

Imports into Luxembourg

For the third consecutive year, Luxembourg recorded decline in purchases abroad of silicon dioxide, which decreased by -X% to X tonnes in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, silicon dioxide imports dropped to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports failed to regain momentum.

Imports by Country

Germany (X tonnes), France (X tonnes) and Poland (X tonnes) were the main suppliers of silicon dioxide imports to Luxembourg, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Poland (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silicon dioxide suppliers to Luxembourg were Germany ($X), France ($X) and Poland ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform