Report Update Nov 1, 2024

Luxembourg - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Abrasives Market 2024

Abrasives Market Size in Luxembourg

The Luxembourg abrasives market shrank to $X in 2021, dropping by -14.3% against the previous year. Over the period under review, consumption, however, recorded a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Abrasives Production in Luxembourg

In value terms, abrasives production dropped to $X in 2021 estimated in export price. Overall, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 1,967% against the previous year. Abrasives production peaked at $X in 2020, and then reduced in the following year.

Abrasives Exports

Exports from Luxembourg

In 2021, after three years of growth, there was significant decline in overseas shipments of abrasives (natural), when their volume decreased by -98.4% to X tons. In general, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 118% against the previous year. The exports peaked at X tons in 2020, and then contracted markedly in the following year.

In value terms, abrasives exports dropped significantly to $X in 2021. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by 165% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for abrasives exports from Luxembourg, accounting for a 96% share of total exports. It was followed by Belgium (X kg), with a 2.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-25.1% per year) and France (-49.2% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for abrasives (natural) exports from Luxembourg, comprising 96% of total exports. The second position in the ranking was held by Belgium ($X), with a 3.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-30.7% per year) and France (-56.3% per year).

Export Prices by Country

In 2021, the average abrasives export price amounted to $X per ton, surging by 28% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2019 when the average export price increased by 68%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-6.8%), while the prices for the other major destinations experienced a decline.

Abrasives Imports

Imports into Luxembourg

Abrasives imports into Luxembourg reduced to X tons in 2021, falling by -8.8% compared with the year before. In general, imports recorded a deep slump. The growth pace was the most rapid in 2020 when imports increased by 89%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, abrasives imports declined sharply to $X in 2021. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 48%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of abrasives to Luxembourg, accounting for a 98% share of total imports. It was followed by Belgium (X tons), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -9.4%.

In value terms, Germany ($X) constituted the largest supplier of abrasives (natural) to Luxembourg, comprising 92% of total imports. The second position in the ranking was held by Belgium ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -6.9%.

Import Prices by Country

In 2021, the average abrasives import price amounted to $X per ton, dropping by -28.1% against the previous year. Overall, the import price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2014 an increase of 120% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+25.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for abrasives (natural) in the world?

Turkey remains the largest abrasives consuming country worldwide, comprising approx. 44% of total volume. Moreover, abrasives consumption in Turkey exceeded the figures recorded by the second-largest consumer, China, fourfold. India ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of abrasives (natural) in the world?

Turkey remains the largest abrasives producing country worldwide, accounting for 43% of total volume. Moreover, abrasives production in Turkey exceeded the figures recorded by the second-largest producer, Greece, fourfold. China ranked third in terms of total production with a 9% share.

What are the leading suppliers of abrasives (natural) to Luxembourg?

In value terms, Germany constituted the largest supplier of abrasives to Luxembourg, comprising 92% of total imports. The second position in the ranking was occupied by Belgium, with a 4.7% share of total imports.

What are the leading importers of abrasives (natural) from Luxembourg?

In value terms, France $125) remains the key foreign market for abrasives exports from Luxembourg.

What is the average export price for abrasives (natural) in Luxembourg?

The average abrasives export price stood at $1,212 per ton in 2021, rising by 59% against the previous year.

What is the average import price for abrasives (natural) in Luxembourg?

The average abrasives import price stood at $460 per ton in 2021, reducing by -30.5% against the previous year.

This report provides an in-depth analysis of the abrasives 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 2030.

Product coverage:

Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
Prodcom 08992220 -
Prodcom 08992230 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023