Luxembourg: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in Luxembourg

In 2021, the Luxembourg acyclic hydrocarbons derivatives market decreased by -5.6% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Acyclic Hydrocarbons Derivatives Production in Luxembourg

In value terms, acyclic hydrocarbons derivatives production totaled $X in 2021 estimated in export price. In general, production faced a deep setback. The growth pace was the most rapid in 2014 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Acyclic Hydrocarbons Derivatives Exports

Exports from Luxembourg

In 2021, approx. X kg of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons were exported from Luxembourg; almost unchanged from 2020. Overall, exports recorded a significant decrease. The growth pace was the most rapid in 2019 when exports increased by 2,189% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, acyclic hydrocarbons derivatives exports shrank dramatically to $X in 2021. In general, exports faced a sharp descent. The pace of growth was the most pronounced in 2019 when exports increased by 2,994% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X kg) was the main destination for acyclic hydrocarbons derivatives exports from Luxembourg, with a 95% share of total exports. It was followed by the Netherlands (X kg), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-60.1% per year) and Oman (-70.5% per year).

In value terms, Italy ($X) emerged as the key foreign market for fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports from Luxembourg, comprising 92% of total exports. The second position in the ranking was held by Oman ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-58.4% per year) and the Netherlands (-59.9% per year).

Export Prices by Country

In 2021, the average acyclic hydrocarbons derivatives export price amounted to $X per ton, waning by -35.6% against the previous year. In general, the export price, however, saw a perceptible expansion. The growth pace was the most rapid in 2013 an increase of 121%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then declined markedly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while the average price for exports to the Netherlands ($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 Oman (+47.1%), while the prices for the other major destinations experienced mixed trend patterns.

Acyclic Hydrocarbons Derivatives Imports

Imports into Luxembourg

In 2021, after five years of growth, there was significant decline in supplies from abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons, when their volume decreased by -58.8% to X tons. Over the period under review, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 280% against the previous year. Imports peaked at X tons in 2020, and then declined significantly in the following year.

In value terms, acyclic hydrocarbons derivatives imports plummeted to $X in 2021. Overall, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2017 when imports increased by 256% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then fell remarkably in the following year.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of acyclic hydrocarbons derivatives imports to Luxembourg, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +129.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Germany ($X) constituted the largest acyclic hydrocarbons derivatives suppliers to Luxembourg, together comprising 77% of total imports.

Italy, with a CAGR of +186.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acyclic hydrocarbons derivatives import price stood at $X per ton in 2021, with an increase of 42% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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