Report Update Feb 1, 2025

Luxembourg - Base Metal Hooks, Eyes and Eyelets - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Base Metal Hook Market 2025

Base Metal Hook Market Size in Luxembourg

In 2022, after two years of growth, there was significant decline in the Luxembourg base metal hook market, when its value decreased by -42.4% to $X. In general, consumption continues to indicate a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Base Metal Hook Exports

Exports from Luxembourg

In 2022, shipments abroad of base metal hooks, eyes and eyelets increased by 67% to X kg, rising for the second consecutive year after two years of decline. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 355%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, base metal hook exports skyrocketed to $X in 2022. In general, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X kg) was the main destination for base metal hook exports from Luxembourg, with a 79% share of total exports. Moreover, base metal hook exports to Belgium exceeded the volume sent to the second major destination, Switzerland (X kg), ninefold. Germany (X kg) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+748.5% per year) and Germany (+16.1% per year).

In value terms, the largest markets for base metal hook exported from Luxembourg were Switzerland ($X), Belgium ($X) and Germany ($X), with a combined 98% share of total exports.

Switzerland, with a CAGR of +1,592.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average base metal hook export price amounted to $X per ton, growing by 572% against the previous year. Overall, the export price continues to indicate prominent growth. 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 Switzerland ($X per ton), while the average price for exports to Germany ($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 Switzerland (+99.4%), while the prices for the other major destinations experienced mixed trend patterns.

Base Metal Hook Imports

Imports into Luxembourg

After two years of growth, overseas purchases of base metal hooks, eyes and eyelets decreased by -45.3% to X tons in 2022. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 80% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, base metal hook imports declined significantly to $X in 2022. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 82%. 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 base metal hook to Luxembourg, accounting for a 59% share of total imports. Moreover, base metal hook imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.6% per year) and China (-24.5% per year).

In value terms, Germany ($X) constituted the largest supplier of base metal hooks, eyes and eyelets to Luxembourg, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.5% per year) and Belgium (+6.8% per year).

Import Prices by Country

The average base metal hook import price stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook consumption was China, comprising approx. 38% of total volume. Moreover, base metal hook consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of base metal hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook production was China, comprising approx. 58% of total volume. Moreover, base metal hook production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the leading suppliers of base metal hooks, eyes and eyelets to Luxembourg?

In value terms, Germany constituted the largest supplier of base metal hook to Luxembourg, comprising 80% of total imports. The second position in the ranking was occupied by Belgium, with a 10% share of total imports.

What are the leading importers of base metal hooks, eyes and eyelets from Luxembourg?

In value terms, the UK emerged as the key foreign market for base metal hook exports from Luxembourg, comprising 57% of total exports. The second position in the ranking was occupied by France $524), with a 20% share of total exports. It was followed by Belgium, with a 19% share.

What is the average export price for base metal hooks, eyes and eyelets in Luxembourg?

The average base metal hook export price stood at $6,424 per ton in 2021, with a decrease of -77% against the previous year.

What is the average import price for base metal hooks, eyes and eyelets in Luxembourg?

The average base metal hook import price stood at $7,079 per ton in 2021, falling by -20.8% against the previous year.

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024