Luxembourg: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Luxembourg

The Luxembourg market for hormones, prostaglandins, thromboxanes and leukotrienes dropped to $X in 2021, waning by -11.7% against the previous year. Over the period under review, consumption, however, showed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Luxembourg

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production shrank to $X in 2021 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 119%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Luxembourg

Hormones, prostaglandins, thromboxanes and leukotrienes exports from Luxembourg skyrocketed to X kg in 2021, growing by 125% against the previous year's figure. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 4,700% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports soared to $X in 2021. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 8,844% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

France (X kg), Belgium (X kg) and Germany (X kg) were the main destinations of hormones, prostaglandins, thromboxanes and leukotrienes exports from Luxembourg, together accounting for 93% 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 Belgium (with a CAGR of +2,900.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hormones, prostaglandins, thromboxanes and leukotrienes exported from Luxembourg were France ($X), Germany ($X) and Belgium ($X), together accounting for 98% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +231,325.0%, recorded 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

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per ton in 2021, increasing by 490% against the previous year. Overall, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 Belgium (+7,322.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Luxembourg

In 2021, the amount of hormones, prostaglandins, thromboxanes and leukotrienes imported into Luxembourg surged to X kg, rising by 23% compared with 2020. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 1,402% against the previous year. As a result, imports attained the peak of X kg. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports reduced sharply to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 1,710%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X kg) constituted the largest hormones, prostaglandins, thromboxanes and leukotrienes supplier to Luxembourg, accounting for a 50% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from India exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. The third position in this ranking was held by the UK (X kg), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.1% per year) and the UK (+6.4% per year).

In value terms, the United States ($X) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Luxembourg, comprising 68% of total imports. The second position in the ranking was held by Israel ($X), with a 12% share of total imports. It was followed by Germany, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-73.0% per year) and Germany (-18.2% per year).

Import Prices by Country

In 2021, the average import price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, reducing by -52.8% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 135%. As a result, import price reached the peak level of $X per kg. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per kg), while the price for India ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+41.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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