Luxembourg: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Luxembourg

The Luxembourg market for chromium, manganese, lead and copper oxides and hydroxides fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Luxembourg

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides shrank slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Luxembourg

In 2022, the amount of chromium, manganese, lead and copper oxides and hydroxides exported from Luxembourg reduced remarkably to X tons, which is down by X% compared with the previous year's figure. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides fell sharply to $X in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Italy (X tons), the UK (X tons) and Thailand (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Luxembourg, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Italy ($X), the UK ($X) and Thailand ($X) were the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Luxembourg worldwide, with a combined X% share of total exports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a significant contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($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 Thailand (X%), while the prices for the other major destinations experienced a decline.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Luxembourg

In 2022, approx. X tons of chromium, manganese, lead and copper oxides and hydroxides were imported into Luxembourg; dropping by X% on the year before. Overall, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides contracted markedly to $X in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of chromium, manganese, lead and copper oxide and hydroxide to Luxembourg, accounting for a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Luxembourg were Spain ($X), Italy ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of 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 import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a slight reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 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 Taiwan (Chinese) ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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