Luxembourg: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Luxembourg

In 2022, the Luxembourg metal screw hook market decreased by -9.8% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption continues to indicate a mild decline. Metal screw hook consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Metal Screw Hook Exports

Exports from Luxembourg

After two years of growth, overseas shipments of iron or steel screw hooks and screw rings decreased by -63.8% to X tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 681%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell notably in the following year.

In value terms, metal screw hook exports contracted rapidly to $X in 2022. In general, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 400% against the previous year. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of metal screw hook exports from Luxembourg, together accounting for 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +50.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal screw hook exported from Luxembourg were Belgium ($X), France ($X) and Germany ($X), with a combined 72% share of total exports.

Germany, with a CAGR of +27.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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 metal screw hook export price amounted to $X per ton, jumping by 27% against the previous year. Overall, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 38% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (-8.7%), while the prices for the other major destinations experienced a decline.

Metal Screw Hook Imports

Imports into Luxembourg

In 2022, purchases abroad of iron or steel screw hooks and screw rings decreased by -28.6% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a slight slump. The growth pace was the most rapid in 2016 with an increase of 105% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal screw hook imports dropped significantly to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 67%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of metal screw hook imports to Luxembourg, together accounting for 89% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +13.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Germany ($X) and France ($X) constituted the largest metal screw hook suppliers to Luxembourg, with a combined 60% share of total imports. The Netherlands lagged somewhat behind, accounting for a further 5.2%.

The Netherlands, with a CAGR of +19.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal screw hook import price stood at $X per ton in 2022, waning by -13% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 142% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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