Luxembourg: Alkali Metals Market 2024

Alkali Metals Market Size in Luxembourg

In 2021, the Luxembourg alkali metals market increased by 94% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a significant increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.

Alkali Metals Production in Luxembourg

In value terms, alkali metals production rose sharply to $X in 2021 estimated in export price. Overall, production saw a slight shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by 19% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Alkali Metals Exports

Exports from Luxembourg

In 2021, approx. X kg of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were exported from Luxembourg; increasing by 107% on the year before. Over the period under review, exports, however, showed a sharp shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 283%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, alkali metals exports surged to $X in 2021. In general, exports, however, continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2018 when exports increased by 539% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg), Spain (X kg) and Bulgaria (X kg) were the main destinations of alkali metals exports from Luxembourg, together comprising 80% of total exports. Romania, Italy and Germany lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, Belgium ($X) remains the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Luxembourg, comprising 57% of total exports. The second position in the ranking was taken by Spain ($X), with a 14% share of total exports. It was followed by Bulgaria, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to -41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-84.5% per year) and Bulgaria (-95.7% per year).

Export Prices by Country

In 2021, the average alkali metals export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by 344% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($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 (+3.5%), while the prices for the other major destinations experienced a decline.

Alkali Metals Imports

Imports into Luxembourg

In 2021, alkali metals imports into Luxembourg soared to X tons, growing by 285% compared with 2020 figures. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 797% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, alkali metals imports soared to $X in 2021. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 706% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) was the main alkali metals supplier to Luxembourg, accounting for a 91% share of total imports. Moreover, alkali metals imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+51.1% per year) and Belgium (+25.6% per year).

In value terms, Germany ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Luxembourg, comprising 84% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +50.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+65.9% per year) and Belgium (+26.6% per year).

Import Prices by Country

In 2021, the average alkali metals import price amounted to $X per ton, dropping by -11.1% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, alkali metals import price increased by +6.4% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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