Luxembourg: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Luxembourg

In 2022, the Luxembourg market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 115% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption posted a significant expansion. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Luxembourg

In 2022, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Luxembourg expanded significantly to X kg, surging by 5% compared with the year before. Overall, total exports indicated a significant expansion from 2020 to 2022: its volume increased at an average annual rate of +32.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. Over the period under review, exports, however, saw a drastic downturn. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Luxembourg, accounting for a 90% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Belgium exceeded the volume sent to the second major destination, the Netherlands (X kg), tenfold.

From 2020 to 2022, the average annual growth rate of volume to Belgium totaled +335.9%.

In value terms, Belgium ($X) emerged as the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Luxembourg, comprising 94% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.9% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to Belgium totaled +391.2%.

Export Prices by Country

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, jumping by 45% against the previous year. Over the period under review, the export price, however, showed a precipitous descent. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.7%).

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Luxembourg

Imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof into Luxembourg skyrocketed to X tons in 2022, increasing by 110% on the year before. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 3,450%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by 4,519% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines to Luxembourg, with a 78% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.0% per year) and France (-7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Luxembourg, comprising 80% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +48.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+23.8% per year) and France (-4.9% per year).

Import Prices by Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, surging by 1.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 448% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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