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Luxembourg - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: Silicone Market Overview 2021

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Silicone Market Size in Luxembourg

The Luxembourg silicone market skyrocketed to $X in 2020, growing by X% 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). Overall, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2011 to 2020, the growth of the market remained at a lower figure.

Silicone Exports

Exports from Luxembourg

In 2020, the amount of silicones (in primary forms) exported from Luxembourg dropped markedly to X tonnes, waning by -X% against 2019 figures. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, silicone exports contracted dramatically to $X in 2020. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then fell significantly in the following year.

Exports by Country

France (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the main destinations of silicone exports from Luxembourg, with a combined X% share of total exports. Germany, Spain, the UK and Hungary lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for silicone exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (-X% per year).

Export Prices by Country

The average silicone export price stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the export price, however, showed a noticeable reduction. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Silicone Imports

Imports into Luxembourg

In 2020, approx. X tonnes of silicones (in primary forms) were imported into Luxembourg; surging by X% against the previous year's figure. In general, imports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2011 to 2020, the growth imports remained at a lower figure.

In value terms, silicone imports expanded rapidly to $X in 2020. Overall, total imports indicated slight growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of silicone to Luxembourg, with a X% share of total imports. Moreover, silicone imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of silicone to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (-X% per year).

Import Prices by Country

The average silicone import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silicones (in primary forms) in the world?
+
The countries with the highest volumes of silicone consumption in 2020 were China (619K tonnes), Germany (379K tonnes) and the U.S. (251K tonnes), with a combined 44% share of global consumption. These countries were followed by India, Japan, Turkey, Indonesia, Belgium, the UK, Brazil, South Korea, France and Italy, which together accounted for a further 36%.
What are the largest producers of silicones (in primary forms) in the world?
+
The countries with the highest volumes of silicone production in 2020 were China (725K tonnes), Germany (520K tonnes) and the U.S. (308K tonnes), together comprising 56% of global production. These countries were followed by Japan, India, the UK, Turkey, Indonesia, France, Thailand and Brazil, which together accounted for a further 35%.
What are the leading suppliers of silicones (in primary forms) to Luxembourg?
+
In value terms, the Netherlands ($8.1M) constituted the largest supplier of silicone to Luxembourg, comprising 78% of total imports. The second position in the ranking was occupied by Germany ($1.5M), with a 14% share of total imports.
What are the leading importers of silicones (in primary forms) from Luxembourg?
+
In value terms, Italy ($228K) emerged as the key foreign market for silicone exports from Luxembourg, comprising 32% of total exports. The second position in the ranking was occupied by France ($97K), with a 14% share of total exports. It was followed by Belgium, with a 11% share.
What is the average export price for silicones (in primary forms) in Luxembourg?
+
The average silicone export price stood at $10,421 per tonne in 2020, picking up by 47% against the previous year.
What is the average import price for silicones (in primary forms) in Luxembourg?
+
The average silicone import price stood at $6,328 per tonne in 2020, increasing by 4.6% against the previous year.

Product coverage:
• Prodcom 20165700 - Silicones, in primary forms

This report provides an in-depth analysis of the silicone market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Luxembourg

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Luxembourg
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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