Luxembourg: Dicyandiamide Market 2025

Dicyandiamide Market Size in Luxembourg

After two years of decline, the Luxembourg dicyandiamide market increased by 1,792% to $X in 2021. In general, consumption saw a pronounced increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Dicyandiamide Production in Luxembourg

In value terms, dicyandiamide production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +75.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Dicyandiamide Exports

Exports from Luxembourg

In 2021, approx. X kg of X-cyanoguanidine (dicyandiamide) were exported from Luxembourg; waning by -99.5% compared with 2020 figures. In general, exports saw a perceptible decrease. The pace of growth was the most pronounced in 2020 with an increase of 35,033% against the previous year. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, dicyandiamide exports fell rapidly to $X in 2021. Over the period under review, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 32,755% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Belgium (X kg) was the main destination for dicyandiamide exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +61.5%.

In value terms, Belgium ($X) also remains the key foreign market for X-cyanoguanidine (dicyandiamide) exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to Belgium totaled +72.5%.

Export Prices by Country

The average dicyandiamide export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 96% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -2.4% per year.

Dicyandiamide Imports

Imports into Luxembourg

In 2021, after seven years of decline, there was significant growth in supplies from abroad of X-cyanoguanidine (dicyandiamide), when their volume increased by 43% to X kg. Overall, imports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. As a result, imports attained the peak of X kg. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dicyandiamide imports surged to $X in 2021. In general, imports, however, recorded a deep reduction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X kg) was the main dicyandiamide supplier to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -13.8%.

In value terms, Germany ($X) constituted the largest supplier of X-cyanoguanidine (dicyandiamide) to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest.

Import Prices by Country

In 2021, the average dicyandiamide import price amounted to $X per ton, with an increase of 76% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2020 an increase of 322%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +15.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :