Report Update Feb 1, 2025

Luxembourg - Hot-Rolled Bars in Free-Cutting Steels - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Hot-Rolled Free-Cutting Steel Market 2025

Hot-Rolled Free-Cutting Steel Market Size in Luxembourg

In 2021, after three years of growth, there was significant decline in the Luxembourg hot-rolled free-cutting steel market, when its value decreased by -17.4% to $X. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +35.7% against 2017 indices. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Hot-Rolled Free-Cutting Steel Production in Luxembourg

In value terms, hot-rolled free-cutting steel production fell notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 47% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

Hot-Rolled Free-Cutting Steel Exports

Exports from Luxembourg

For the third consecutive year, Luxembourg recorded decline in shipments abroad of hot-rolled bars in free-cutting steels, which decreased by -80.9% to X tons in 2021. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 321% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-rolled free-cutting steel exports fell notably to $X in 2021. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 359%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for hot-rolled free-cutting steel exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) also remains the key foreign market for hot-rolled bars in free-cutting steels exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to France amounted to +17.9%.

Export Prices by Country

In 2021, the average hot-rolled free-cutting steel export price amounted to $X per ton, picking up by 60% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 149%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +16.9% per year.

Hot-Rolled Free-Cutting Steel Imports

Imports into Luxembourg

In 2021, after four years of growth, there was significant decline in purchases abroad of hot-rolled bars in free-cutting steels, when their volume decreased by -35.6% to X tons. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 2,369% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced sharply in the following year.

In value terms, hot-rolled free-cutting steel imports declined significantly to $X in 2021. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 721%. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2021, Germany (X tons) was the main supplier of hot-rolled free-cutting steel to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +73.4%.

In value terms, Germany ($X) constituted the largest supplier of hot-rolled bars in free-cutting steels to Luxembourg.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +71.3%.

Import Prices by Country

The average hot-rolled free-cutting steel import price stood at $X per ton in 2021, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 90%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -1.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in the world?

The countries with the highest volumes of hot-rolled free-cutting steel consumption in 2020 were the UK, Japan and Italy, with a combined 48% share of global consumption. These countries were followed by Taiwan Chinese), France, Switzerland, the United States, Argentina, India, Algeria, Bahrain and Turkey, which together accounted for a further 38%.

What are the largest producers of hot-rolled bars in free-cutting steels in the world?

The countries with the highest volumes of hot-rolled free-cutting steel production in 2020 were the UK, Japan and Taiwan Chinese), with a combined 45% share of global production. These countries were followed by Switzerland, France, Saudi Arabia, the United Arab Emirates, Spain, Argentina, Italy, India and Germany, which together accounted for a further 46%.

What are the leading suppliers of hot-rolled bars in free-cutting steels to Luxembourg?

In value terms, Germany constituted the largest supplier of hot-rolled free-cutting steel to Luxembourg.

What is the average export price for hot-rolled bars in free-cutting steels in Luxembourg?

In 2020, the average hot-rolled free-cutting steel export price amounted to $3,326 per ton, picking up by 85% against the previous year.

What is the average import price for hot-rolled bars in free-cutting steels in Luxembourg?

In 2020, the average hot-rolled free-cutting steel import price amounted to $602 per ton, dropping by -9% against the previous year.

This report provides an in-depth analysis of the hot-rolled free-cutting steel 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 24106230 - Hot-rolled bars in free-cutting steels

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024