Report Update Feb 1, 2025

Luxembourg - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2025

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Luxembourg

The Luxembourg market for hot-rolled wire rod in coil of stainless steel skyrocketed to $X in 2022, rising by 24% 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 recorded a prominent expansion. Hot-rolled wire stainless steel rod consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports from Luxembourg

In 2021, approx. X kg of hot-rolled wire rod in coil of stainless steel were exported from Luxembourg; dropping by -80.1% on the previous year. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 719% against the previous year. As a result, the exports attained the peak of X kg, and then reduced rapidly in the following year.

In value terms, hot-rolled wire stainless steel rod exports fell dramatically to $X in 2021. In general, exports, however, saw a slight increase. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for hot-rolled wire stainless steel rod exports from Luxembourg, accounting for a 70% share of total exports. Moreover, hot-rolled wire stainless steel rod exports to Germany exceeded the volume sent to the second major destination, Belgium (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -13.2%.

In value terms, Germany ($X) and Belgium ($X) constituted the largest markets for hot-rolled wire stainless steel rod exported from Luxembourg worldwide.

Germany, with a CAGR of +13.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for hot-rolled wire rod in coil of stainless steel stood at $X per ton in 2021, surging by 225% against the previous year. In general, the export price, however, faced a sharp curtailment. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany 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 (+31.2%).

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports into Luxembourg

In 2022, approx. X tons of hot-rolled wire rod in coil of stainless steel were imported into Luxembourg; rising by 23% compared with 2021. Over the period under review, imports posted a strong increase. The pace of growth appeared the most rapid in 2015 when imports increased by 130% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, hot-rolled wire stainless steel rod imports soared to $X in 2022. Overall, imports posted perceptible growth. The most prominent rate of growth was recorded in 2018 when imports increased by 86%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of hot-rolled wire stainless steel rod to Luxembourg, accounting for a 95% share of total imports. It was followed by Italy (X kg), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +22.9%.

In value terms, Germany ($X) constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Luxembourg, comprising 81% of total imports. The second position in the ranking was held by Italy ($X), with a 7.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +14.7%.

Import Prices by Country

In 2022, the average import price for hot-rolled wire rod in coil of stainless steel amounted to $X per ton, rising by 6.6% against the previous year. Over the period under review, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 58% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in the world?

Taiwan Chinese) constituted the country with the largest volume of hot-rolled wire stainless steel rod consumption, accounting for 21% of total volume. Moreover, hot-rolled wire stainless steel rod consumption in Taiwan Chinese) exceeded the figures recorded by the second-largest consumer, Germany, twofold. Vietnam ranked third in terms of total consumption with a 9% share.

What are the largest producers of hot-rolled wire rod in coil of stainless steel in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), Japan and France, with a combined 54% share of global production. China, Spain, India and Sweden lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of hot-rolled wire rod in coil of stainless steel to Luxembourg?

In value terms, Germany constituted the largest supplier of hot-rolled wire stainless steel rod to Luxembourg.

What are the leading importers of hot-rolled wire rod in coil of stainless steel from Luxembourg?

In value terms, the largest markets for hot-rolled wire stainless steel rod exported from Luxembourg were Germany and Belgium.

What is the average export price for hot-rolled wire rod in coil of stainless steel in Luxembourg?

The average export price for hot-rolled wire rod in coil of stainless steel stood at $4,674 per ton in 2021, reducing by -53.7% against the previous year.

What is the average import price for hot-rolled wire rod in coil of stainless steel in Luxembourg?

In 2021, the average import price for hot-rolled wire rod in coil of stainless steel amounted to $3,752 per ton, which is down by -7.7% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 24106300 - Hot-rolled wire rod in coil, of stainless steel

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
How to outsource production to other countries
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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 2012–2024
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