Luxembourg: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Luxembourg

The Luxembourg articles of fiber cement market rose rapidly to $X in 2022, with an increase of 7.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.4% against 2018 indices. Articles of fiber cement consumption peaked in 2022 and is likely to continue growth in years to come.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Luxembourg

In 2022, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -46.8% to X tons, falling for the third year in a row after four years of growth. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 84%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, articles of fiber cement exports fell sharply to $X in 2022. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2019 when exports increased by 256% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for articles of fiber cement exports from Luxembourg, with a 100% share of total exports. It was followed by France (X kg), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-37.8% per year) and Germany (-43.7% per year).

In value terms, Belgium ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Luxembourg, comprising 98% of total exports. The second position in the ranking was taken by France ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-35.9% per year) and Germany (-43.9% per year).

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, surging by 5.4% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, articles of fiber cement export price decreased by -38.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 94%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Luxembourg

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Luxembourg; remaining stable against the previous year's figure. In general, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of 96% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports rose to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.9% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 61% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of articles of fiber cement to Luxembourg, accounting for a 51% share of total imports. Moreover, articles of fiber cement imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.4% per year) and Poland (+75.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Luxembourg, comprising 68% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and France (+24.9% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, picking up by 3.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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