Report Update Nov 1, 2024

Luxembourg - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Methacrylic Acid Esters Market 2024

Methacrylic Acid Esters Market Size in Luxembourg

In 2022, the Luxembourg methacrylic acid esters market increased by 16% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a resilient expansion. Methacrylic acid esters consumption peaked in 2022 and is likely to continue growth in the immediate term.

Methacrylic Acid Esters Production in Luxembourg

In value terms, methacrylic acid esters production soared to $X in 2022 estimated in export price. Overall, production enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 557,900% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Methacrylic Acid Esters Exports

Exports from Luxembourg

In 2022, the amount of esters of methacrylic acid exported from Luxembourg surged to X tons, rising by 117% compared with the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 14,859% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, methacrylic acid esters exports soared to $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 7,331%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for methacrylic acid esters exports from Luxembourg, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Belgium amounted to +48.0%.

In value terms, Belgium ($X) also remains the key foreign market for esters of methacrylic acid exports from Luxembourg.

From 2013 to 2022, the average annual rate of growth in terms of value to Belgium totaled +35.6%.

Export Prices by Country

In 2022, the average methacrylic acid esters export price amounted to $X per ton, which is down by -40% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to -8.3% per year.

Methacrylic Acid Esters Imports

Imports into Luxembourg

In 2022, methacrylic acid esters imports into Luxembourg skyrocketed to X tons, with an increase of 53% on the year before. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 181% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, methacrylic acid esters imports dropped modestly to $X in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 323% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of methacrylic acid esters to Luxembourg, with a 72% share of total imports. Moreover, methacrylic acid esters imports from the UK exceeded the figures recorded by the second-largest supplier, France (X kg), fourfold. Germany (X kg) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+58.8% per year) and Germany (+10.2% per year).

In value terms, the UK ($X), France ($X) and Germany ($X) appeared to be the largest methacrylic acid esters suppliers to Luxembourg, with a combined 81% share of total imports.

France, with a CAGR of +59.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 methacrylic acid esters import price amounted to $X per ton, reducing by -37.7% against the previous year. In general, the import price, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2018 an increase of 108% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters consumption in 2020 were China, Singapore and the United States, with a combined 30% share of global consumption.

What are the largest producers of esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters production in 2020 were Singapore, the UK and the United States, with a combined 46% share of global production. These countries were followed by Japan, Saudi Arabia, Thailand and Germany, which together accounted for a further 45%.

What are the leading suppliers of esters of methacrylic acid to Luxembourg?

In value terms, Germany constituted the largest supplier of methacrylic acid esters to Luxembourg, comprising 48% of total imports. The second position in the ranking was occupied by France, with a 19% share of total imports. It was followed by the Netherlands, with a 17% share.

What are the leading importers of esters of methacrylic acid from Luxembourg?

In value terms, Belgium remains the key foreign market for methacrylic acid esters exports from Luxembourg.

What is the average export price for esters of methacrylic acid in Luxembourg?

The average methacrylic acid esters export price stood at $26,284 per ton in 2020, growing by 181% against the previous year.

What is the average import price for esters of methacrylic acid in Luxembourg?

In 2020, the average methacrylic acid esters import price amounted to $20,934 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the methacrylic acid esters market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143340 - Esters of methacrylic acid

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023