Luxembourg - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Aluminium Hydroxide Market 2024
Aluminium Hydroxide Market Size in Luxembourg
The Luxembourg aluminium hydroxide market soared to $X in 2022, with an increase of 33% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. Aluminium hydroxide consumption peaked at $X in 2020; afterwards, it flattened through to 2022.
Aluminium Hydroxide Production in Luxembourg
In value terms, aluminium hydroxide production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2013 when the production volume increased by 139%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.
Aluminium Hydroxide Exports
Exports from Luxembourg
In 2022, exports of aluminium hydroxide from Luxembourg surged to X tons, growing by 236% against 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 360%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, aluminium hydroxide exports skyrocketed to $X in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Belgium (X tons) was the main destination for aluminium hydroxide exports from Luxembourg, accounting for a 94% share of total exports. Moreover, aluminium hydroxide exports to Belgium exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold. Italy (X kg) ranked third in terms of total exports with less than 0.1% share.
From 2014 to 2022, the average annual growth rate of volume to Belgium stood at +130.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+369.3% per year) and Italy (-85.1% per year).
In value terms, Belgium ($X) remains the key foreign market for aluminium hydroxide exports from Luxembourg, comprising 70% of total exports. The second position in the ranking was taken by the UK ($X), with a 22% share of total exports. It was followed by Italy, with a 0.1% share.
From 2014 to 2022, the average annual rate of growth in terms of value to Belgium amounted to +145.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+310.4% per year) and Italy (-75.7% per year).
Export Prices by Country
In 2022, the average aluminium hydroxide export price amounted to $X per ton, surging by 37% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 38% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Hydroxide Imports
Imports into Luxembourg
In 2022, purchases abroad of aluminium hydroxide was finally on the rise to reach X tons after two years of decline. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 250% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, aluminium hydroxide imports surged to $X in 2022. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 142% against the previous year. Imports peaked at $X in 2019; afterwards, it flattened through to 2022.
Imports by Country
In 2022, Germany (X tons) was the main aluminium hydroxide supplier to Luxembourg, with a approx. 99% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Germany totaled +8.8%.
In value terms, Germany ($X) constituted the largest supplier of aluminium hydroxide to Luxembourg.
From 2012 to 2022, the average annual growth rate of value from Germany amounted to +6.3%.
Import Prices by Country
The average aluminium hydroxide import price stood at $X per ton in 2022, waning by -26.9% against the previous year. In general, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -2.3% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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