Luxembourg: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Luxembourg

For the fifth consecutive year, the Luxembourg market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips recorded growth in sales value, which increased by 25% to $X in 2021. In general, consumption showed a significant increase. Consumption of peaked in 2021 and is expected to retain growth in the near future.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Luxembourg

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips totaled $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 213% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Luxembourg

In 2019, overseas shipments of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips decreased by -12.1% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 97% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2019, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips dropped rapidly to $X in 2019. Over the period under review, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 with an increase of 11% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Luxembourg, accounting for a 35% share of total exports. Moreover, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Germany exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was held by China (X tons), with a 7.6% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Germany stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.9% per year) and China (+10.8% per year).

In value terms, Germany ($X) remains the key foreign market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports from Luxembourg, comprising 27% of total exports. The second position in the ranking was taken by the United States ($X), with a 10% share of total exports. It was followed by Russia, with a 6.9% share.

From 2012 to 2019, the average annual growth rate of value to Germany totaled -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.4% per year) and Russia (+6.0% per year).

Export Prices by Country

The average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2019, shrinking by -9.9% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 88%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Luxembourg

In 2021, after two years of decline, there was significant growth in overseas purchases of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips, when their volume increased by 11% to X tons. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 75%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips declined modestly to $X in 2021. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 48% against the previous year. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Austria (X tons) were the main suppliers of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Luxembourg, together comprising 75% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +44.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Austria ($X) constituted the largest unmounted tool inserts, sticks or plates suppliers to Luxembourg, with a combined 76% share of total imports. France, Finland, the Netherlands and Italy lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Finland, with a CAGR of +35.5%, saw 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

The average import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, which is down by -10.6% against the previous year. Overall, the import price saw a abrupt setback. The growth pace was the most rapid in 2020 an increase of 17%. 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, the country with the highest price was Italy ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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