Luxembourg: Dolomite Market 2024

Dolomite Market Size in Luxembourg

In 2021, the Luxembourg dolomite market decreased by -41.9% to $X, falling for the third year in a row after three years of growth. Overall, consumption saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Dolomite Exports

Exports from Luxembourg

Dolomite exports from Luxembourg surged to X tons in 2021, jumping by 43% compared with the year before. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 284% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, dolomite exports skyrocketed to $X in 2021. In general, exports, however, faced a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 82% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for dolomite exports from Luxembourg, with a 69% share of total exports. Moreover, dolomite exports to Belgium exceeded the volume sent to the second major destination, France (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-26.2% per year) and Germany (-5.8% per year).

In value terms, Belgium ($X) emerged as the key foreign market for dolomite exports from Luxembourg, comprising 66% of total exports. The second position in the ranking was taken by Germany ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.0% per year) and France (-28.3% per year).

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, posted temperate growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 103%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 Germany (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Dolomite Imports

Imports into Luxembourg

In 2021, supplies from abroad of dolomite decreased by -41.4% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 80%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, dolomite imports fell rapidly to $X in 2021. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of dolomite to Luxembourg, with a 78% share of total imports. Moreover, dolomite imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.0% per year) and Belgium (-35.8% per year).

In value terms, Germany ($X) constituted the largest supplier of dolomite to Luxembourg, comprising 72% of total imports. The second position in the ranking was taken by France ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-13.4% per year) and the Netherlands (+117.9% per year).

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: 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 (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :