Report Update Nov 1, 2024

Luxembourg - Angles, Shapes and Sections of Stainless Steel or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Luxembourg

The Luxembourg stainless steel angle market reduced to $X in 2021, waning by -1.6% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Stainless Steel Angle Production in Luxembourg

In value terms, stainless steel angle production reduced to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 113% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Stainless Steel Angle Exports

Exports from Luxembourg

In 2021, shipments abroad of angles, shapes and sections of stainless steel or other alloy steel increased by 71% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded tangible growth. The pace of growth appeared the most rapid in 2014 with an increase of 126%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, stainless steel angle exports soared to $X in 2021. Overall, exports enjoyed temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for stainless steel angle exports from Luxembourg, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +6.2%.

In value terms, Italy ($X) also remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +5.1%.

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2021, increasing by 39% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -1.0% per year.

Stainless Steel Angle Imports

Imports into Luxembourg

Stainless steel angle imports into Luxembourg skyrocketed to X tons in 2021, jumping by 84% against the previous year. Over the period under review, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 87%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, stainless steel angle imports surged to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of stainless steel angle imports to Luxembourg, with a combined 98% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +10.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and Belgium ($X) were the largest stainless steel angle suppliers to Luxembourg, together accounting for 96% of total imports.

Among the main suppliers, France, with a CAGR of +8.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average stainless steel angle import price stood at $X per ton in 2021, declining by -19.8% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 180%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for angles, shapes and sections of stainless steel or other alloy steel in the world?

The country with the largest volume of stainless steel angle consumption was China, comprising approx. 39% of total volume. Moreover, stainless steel angle consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by India, with a 4.4% share.

What are the largest producers of angles, shapes and sections of stainless steel or other alloy steel in the world?

China constituted the country with the largest volume of stainless steel angle production, accounting for 47% of total volume. Moreover, stainless steel angle production in China exceeded the figures recorded by the second-largest producer, the United States, sixfold. India ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of angles, shapes and sections of stainless steel or other alloy steel to Luxembourg?

In value terms, Germany, France and Belgium appeared to be the largest stainless steel angle suppliers to Luxembourg, with a combined 97% share of total imports.

What are the leading importers of angles, shapes and sections of stainless steel or other alloy steel from Luxembourg?

In value terms, Italy remains the key foreign market for stainless steel angle exports from Luxembourg.

What is the average export price for angles, shapes and sections of stainless steel or other alloy steel in Luxembourg?

The average stainless steel angle export price stood at $908 per ton in 2021, picking up by 39% against the previous year.

What is the average import price for angles, shapes and sections of stainless steel or other alloy steel in Luxembourg?

In 2021, the average stainless steel angle import price amounted to $4,339 per ton, waning by -25.4% against the previous year.

This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel

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