Luxembourg: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Luxembourg

In 2022, the Luxembourg plastic household articles market increased by 181% to $X, rising for the third year in a row after three years of decline. Overall, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Household Articles Production in Luxembourg

In value terms, plastic household articles production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The growth pace was the most rapid in 2014 when the production volume increased by 156% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Household Articles Exports

Exports from Luxembourg

In 2022, overseas shipments of household articles and toilet articles of plastics decreased by -33.5% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 51%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted significantly in the following year.

In value terms, plastic household articles exports shrank remarkably to $X in 2022. In general, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

France (X tons), the Netherlands (X tons) and Belgium (X tons) were the main destinations of plastic household articles exports from Luxembourg, together accounting for 66% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +26.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Luxembourg were France ($X), the Netherlands ($X) and Germany ($X), with a combined 64% share of total exports. Belgium, Poland, Switzerland, the United States, the UK, Spain and Austria lagged somewhat behind, together accounting for a further 29%.

Belgium, with a CAGR of +20.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic household articles export price amounted to $X per ton, increasing by 9.8% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of 26%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Luxembourg

In 2022, supplies from abroad of household articles and toilet articles of plastics decreased by -37.4% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 32%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic household articles imports declined remarkably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of plastic household articles imports to Luxembourg, together comprising 54% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +43.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) appeared to be the largest plastic household articles suppliers to Luxembourg, together comprising 46% of total imports.

Italy, with a CAGR of +37.0%, saw the highest rates of growth with regard to 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 2022, the average plastic household articles import price amounted to $X per ton, jumping by 20% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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