Luxembourg: Aluminum Market 2025

Aluminum Market Size in Luxembourg

For the third consecutive year, the Luxembourg aluminum market recorded decline in sales value, which decreased by -1.3% to $X in 2021. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Aluminum Production in Luxembourg

In value terms, aluminum production amounted to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 12% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Aluminum Exports

Exports from Luxembourg

Aluminum exports from Luxembourg skyrocketed to X tons in 2021, growing by 17% compared with the year before. In general, exports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 22%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, aluminum exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for aluminum exports from Luxembourg, with a 44% share of total exports. Moreover, aluminum exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.4% per year) and Belgium (-6.4% per year).

In value terms, Germany ($X) remains the key foreign market for aluminum exports from Luxembourg, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 16% share of total exports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.8% per year) and Belgium (-6.7% per year).

Export Prices by Country

The average aluminum export price stood at $X per ton in 2021, with an increase of 41% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Italy ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Belgium ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminum Imports

Imports into Luxembourg

After two years of decline, purchases abroad of aluminum increased by 41% to X tons in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 53% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, aluminum imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest aluminum supplier to Luxembourg, accounting for a 72% share of total imports. Moreover, aluminum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fivefold. The third position in this ranking was held by Russia (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +25.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+10.9% per year) and Russia (+14.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of aluminum to Luxembourg, comprising 68% of total imports. The second position in the ranking was taken by South Africa ($X), with a 16% share of total imports. It was followed by Russia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+11.4% per year) and Russia (+15.0% per year).

Import Prices by Country

The average aluminum import price stood at $X per ton in 2021, picking up by 25% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :