Report Update Nov 1, 2024

Luxembourg - Granite (Crude) - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Crude Granite Market 2024

Crude Granite Market Size in Luxembourg

The Luxembourg crude granite market surged to $X in 2022, growing by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Crude Granite Exports

Exports from Luxembourg

For the ninth consecutive year, Luxembourg recorded decline in overseas shipments of granite (crude), which decreased by 0% to X kg in 2021. Over the period under review, exports saw a abrupt decline. The smallest decline of -5.3% was in 2016. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, crude granite exports stood at $X in 2021. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by 2.7% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X kg) was the main destination for crude granite exports from Luxembourg, accounting for a 93% share of total exports. Moreover, crude granite exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy amounted to -11.9%.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +46.7%.

Export Prices by Country

The average crude granite export price stood at $X per ton in 2021, standing approx. at the previous year. In general, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+140.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Granite Imports

Imports into Luxembourg

In 2022, crude granite imports into Luxembourg soared to X tons, increasing by 28% compared with the previous year's figure. Over the period under review, imports showed measured growth. The pace of growth was the most pronounced in 2021 with an increase of 222% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, crude granite imports soared to $X in 2022. In general, imports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest crude granite supplier to Luxembourg, with a 82% share of total imports. Moreover, crude granite imports from Germany exceeded the figures recorded by the second-largest supplier, Portugal (X tons), eightfold. Belgium (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+63.5% per year) and Belgium (-7.2% per year).

In value terms, Germany ($X) constituted the largest supplier of granite (crude) to Luxembourg, comprising 57% of total imports. The second position in the ranking was held by Portugal ($X), with a 28% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+99.9% per year) and Belgium (+9.9% per year).

Import Prices by Country

In 2022, the average crude granite import price amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 143% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+22.2%), 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 granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and the United States, together accounting for 38% of global consumption. India, Indonesia, Japan, Pakistan, Nigeria, Brazil, the UK, Mexico, Poland and South Korea lagged somewhat behind, together comprising a further 31%.

What are the largest producers of granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and India, with a combined 39% share of global production.

What are the leading suppliers of granite (crude) to Luxembourg?

In value terms, Germany constituted the largest supplier of crude granite to Luxembourg, comprising 78% of total imports. The second position in the ranking was occupied by Portugal, with a 14% share of total imports.

What are the leading importers of granite (crude) from Luxembourg?

In value terms, France $181) remains the key foreign market for crude granite exports from Luxembourg, comprising 66% of total exports. The second position in the ranking was occupied by Italy $49), with an 18% share of total exports.

What is the average export price for granite (crude) in Luxembourg?

In 2019, the average crude granite export price amounted to $402 per ton, with a decrease of -3.1% against the previous year.

What is the average import price for granite (crude) in Luxembourg?

In 2021, the average crude granite import price amounted to $1,780 per ton, declining by -22.4% against the previous year.

This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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