Luxembourg: Extruded Rod Market 2022

Extruded Rod Market Size in Luxembourg

The Luxembourg extruded rod market contracted to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Luxembourg

In value terms, extruded rod production dropped rapidly to $X in 2021 estimated in export price. In general, production showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Extruded Rod Exports

Exports from Luxembourg

In 2021, shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber decreased by -X% to X tons, falling for the third year in a row after four years of growth. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports contracted to $X in 2021. Over the period under review, exports showed a mild slump. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X kg), Hungary (X kg) and Romania (X kg) were the main destinations of extruded rod exports from Luxembourg, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Romania ($X) and Spain ($X) constituted the largest markets for extruded rod exported from Luxembourg worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +X%, saw 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 extruded rod export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 Romania (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Luxembourg

In 2021, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were imported into Luxembourg; which is down by -X% compared with 2020 figures. In general, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, extruded rod imports soared to $X in 2021. Overall, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest extruded rod supplier to Luxembourg, accounting for a X% share of total imports. Moreover, extruded rod imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -X%.

In value terms, Germany ($X) constituted the largest supplier of extruded rod to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with an X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -X%.

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-X%).

Source: IndexBox Platform

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