Luxembourg: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Luxembourg

After two years of growth, the Luxembourg non-malleable cast iron articles market decreased by -22.7% to $X in 2022. Overall, consumption saw a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Luxembourg

In 2022, approx. X tons of articles of non-malleable cast iron were exported from Luxembourg; jumping by 73% compared with the previous year. Overall, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +139.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-malleable cast iron articles exports surged to $X in 2022. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for non-malleable cast iron articles exports from Luxembourg, with a 92% share of total exports. Moreover, non-malleable cast iron articles exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-15.6% per year) and France (-1.2% per year).

In value terms, Germany ($X) remains the key foreign market for articles of non-malleable cast iron exports from Luxembourg, comprising 85% of total exports. The second position in the ranking was taken by France ($X), with a 5.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+11.0% per year) and Belgium (-8.8% per year).

Export Prices by Country

The average non-malleable cast iron articles export price stood at $X per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 an increase of 40%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Non-Malleable Cast Iron

Imports into Luxembourg

In 2022, the amount of articles of non-malleable cast iron imported into Luxembourg fell to X tons, waning by -2.9% on the year before. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 23% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-malleable cast iron articles imports declined slightly to $X in 2022. Over the period under review, imports saw a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by 45% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of non-malleable cast iron articles to Luxembourg, accounting for a 49% share of total imports. Moreover, non-malleable cast iron articles imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-15.4% per year) and Belgium (+2.4% per year).

In value terms, the largest non-malleable cast iron articles suppliers to Luxembourg were Germany ($X), China ($X) and Belgium ($X), together comprising 74% of total imports.

In terms of the main suppliers, China, with a CAGR of +67.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-malleable cast iron articles import price amounted to $X per ton, falling by -1.6% against the previous year. In general, the import price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 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 China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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