Luxembourg: Barbed Wire Market 2024

Barbed Wire Market Size in Luxembourg

The Luxembourg barbed wire market surged to $X in 2021, with an increase of 445% against the previous year. In general, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Barbed Wire Production in Luxembourg

In value terms, barbed wire production declined to $X in 2021 estimated in export price. In general, production, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Barbed Wire Exports

Exports from Luxembourg

In 2021, after two years of growth, there was significant decline in shipments abroad of barbed wire and entanglements, when their volume decreased by -14.6% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 22%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, barbed wire exports stood at $X in 2021. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for barbed wire exports from Luxembourg, with a 57% share of total exports. Moreover, barbed wire exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. Gambia (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.8% per year) and Gambia (+10.2% per year).

In value terms, France ($X) remains the key foreign market for barbed wire and entanglements exports from Luxembourg, comprising 51% of total exports. The second position in the ranking was taken by Germany ($X), with a 24% share of total exports. It was followed by Gambia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.1% per year) and Gambia (+12.3% per year).

Export Prices by Country

In 2021, the average barbed wire export price amounted to $X per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Barbed Wire Imports

Imports into Luxembourg

In 2021, approx. X tons of barbed wire and entanglements were imported into Luxembourg; picking up by 64% compared with the previous year's figure. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by 80%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, barbed wire imports soared to $X in 2021. Overall, imports continue to indicate noticeable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of barbed wire imports to Luxembourg, with a combined 97% 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 the Netherlands (with a CAGR of +74.7%), while imports for the other leaders experienced a decline.

In value terms, the largest barbed wire suppliers to Luxembourg were the Netherlands ($X), Germany ($X) and France ($X), with a combined 97% share of total imports.

The Netherlands, with a CAGR of +43.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average barbed wire import price amounted to $X per ton, jumping by 26% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 28% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Belgium ($X per ton), while the price for France ($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 (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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