Report Update Nov 1, 2024

Luxembourg - Fluoropolymers - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Fluoropolymers Market 2024

Fluoropolymers Market Size in Luxembourg

In 2021, the Luxembourg fluoropolymers market decreased by -94.8% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption showed a precipitous slump. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Fluoropolymers Exports

Exports from Luxembourg

For the third year in a row, Luxembourg recorded decline in shipments abroad of fluoropolymers, which decreased by -95.6% to X tons in 2021. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 755% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fluoropolymers exports shrank markedly to $X in 2021. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 790%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for fluoropolymers exports from Luxembourg, with a 83% share of total exports. Moreover, fluoropolymers exports to Turkey exceeded the volume sent to the second major destination, Belgium (X kg), more than tenfold. The third position in this ranking was held by Russia (X kg), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-22.4% per year) and Russia (0.0% per year).

In value terms, Turkey ($X) emerged as the key foreign market for fluoropolymers exports from Luxembourg, comprising 85% of total exports. The second position in the ranking was taken by Russia ($X), with a 7.6% share of total exports. It was followed by Belgium, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +71.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Belgium (-19.1% per year).

Export Prices by Country

In 2021, the average fluoropolymers export price amounted to $X per ton, rising by 1.8% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 91%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($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 France (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluoropolymers Imports

Imports into Luxembourg

In 2021, overseas purchases of fluoropolymers decreased by -95.7% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2017 when imports increased by 126% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, fluoropolymers imports fell significantly to $X in 2021. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2014 when imports increased by 93% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of fluoropolymers imports to Luxembourg, with a combined 82% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +254.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Denmark ($X) were the largest fluoropolymers suppliers to Luxembourg, together comprising 85% of total imports.

Denmark, with a CAGR of +251.5%, saw the highest growth rate of 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

In 2021, the average fluoropolymers import price amounted to $X per ton, rising by 137% against the previous year. Overall, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 270%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.2%), 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 fluoropolymers in the world?

The country with the largest volume of fluoropolymers consumption was China, comprising approx. 23% of total volume. Moreover, fluoropolymers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of fluoropolymers in the world?

China remains the largest fluoropolymers producing country worldwide, comprising approx. 27% of total volume. Moreover, fluoropolymers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.2% share.

What are the leading suppliers of fluoropolymers to Luxembourg?

In value terms, the UK constituted the largest supplier of fluoropolymers to Luxembourg, comprising 90% of total imports. The second position in the ranking was occupied by Belgium, with a 5.3% share of total imports.

What are the leading importers of fluoropolymers from Luxembourg?

In value terms, France remains the key foreign market for fluoropolymers exports from Luxembourg, comprising 96% of total exports. The second position in the ranking was occupied by Turkey, with a 2.8% share of total exports.

What is the average export price for fluoropolymers in Luxembourg?

In 2020, the average fluoropolymers export price amounted to $20,731 per ton, rising by 36% against the previous year.

What is the average import price for fluoropolymers in Luxembourg?

In 2020, the average fluoropolymers import price amounted to $22,060 per ton, picking up by 9.2% against the previous year.

This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers

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
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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