Luxembourg: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Luxembourg

The Luxembourg copper pipe and fitting market skyrocketed to $X in 2021, increasing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a tangible increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Copper Tubes, Pipes And Fitting

Exports from Luxembourg

In 2021, shipments abroad of copper tubes, pipes and fitting increased by 32% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 62%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper pipe and fitting exports soared to $X in 2021. In general, exports enjoyed mild growth. The growth pace was the most rapid in 2020 when exports increased by 119%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X tons) was the main destination for copper pipe and fitting exports from Luxembourg, with a 49% share of total exports. Moreover, copper pipe and fitting exports to Belgium exceeded the volume sent to the second major destination, France (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-23.5% per year) and Italy (+18.1% per year).

In value terms, the largest markets for copper pipe and fitting exported from Luxembourg were France ($X), Belgium ($X) and Italy ($X), together comprising 76% of total exports. These countries were followed by Germany, the Czech Republic, the UK, Poland and Spain, which together accounted for a further 15%.

In terms of the main countries of destination, Poland, with a CAGR of +38.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 42%. Over the period under review, the average export prices reached the peak figure in 2021 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 France ($X per ton), while the average price for exports to the UK ($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 France (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Luxembourg

In 2021, the amount of copper tubes, pipes and fitting imported into Luxembourg skyrocketed to X tons, growing by 25% on the previous year's figure. In general, imports, however, recorded a mild shrinkage. The growth pace was the most rapid in 2019 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, copper pipe and fitting imports rose notably to $X in 2021. Overall, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.0% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 33%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of copper pipe and fitting imports to Luxembourg, together comprising 95% of total imports. The Netherlands and France lagged somewhat behind, together comprising a further 3.1%.

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 +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper pipe and fitting suppliers to Luxembourg were Germany ($X), Belgium ($X) and Italy ($X), with a combined 81% share of total imports. The Netherlands and France lagged somewhat behind, together accounting for a further 5.1%.

In terms of the main suppliers, the Netherlands, with a CAGR of +20.6%, 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

The average copper pipe and fitting import price stood at $X per ton in 2021, falling by -8.8% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper pipe and fitting import price increased by +32.2% against 2014 indices. The growth pace was the most rapid in 2013 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($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 (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :