Luxembourg: Metal Wool Market 2025

Metal Wool Market Size in Luxembourg

For the third year in a row, the Luxembourg metal wool market recorded growth in sales value, which increased by 3.5% to $X in 2022. In general, the total consumption indicated temperate growth 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. Based on 2022 figures, consumption increased by +68.0% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Wool Production in Luxembourg

In value terms, metal wool production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 18%. Metal wool production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Wool Exports

Exports from Luxembourg

Metal wool exports from Luxembourg contracted sharply to X tons in 2022, shrinking by -19.2% against 2021. Overall, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal wool exports reduced notably to $X in 2022. Over the period under review, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for metal wool exports from Luxembourg, with a 43% share of total exports. Moreover, metal wool exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.1% per year) and Belgium (-6.8% per year).

In value terms, France ($X) remains the key foreign market for iron or steel wool exports from Luxembourg, comprising 43% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to France totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.9% per year) and Belgium (-8.2% per year).

Export Prices by Country

In 2022, the average metal wool export price amounted to $X per ton, rising by 1.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 7.3%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Greece ($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 Germany (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Wool Imports

Imports into Luxembourg

Metal wool imports into Luxembourg skyrocketed to X tons in 2022, growing by 57% compared with the previous year. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 147%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal wool imports surged to $X in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 101%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of metal wool imports to Luxembourg, together comprising 90% of total imports. China, Portugal and Spain lagged somewhat behind, together comprising a further 7.5%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +288.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and China ($X) appeared to be the largest metal wool suppliers to Luxembourg, with a combined 89% share of total imports. France, Spain and Portugal lagged somewhat behind, together accounting for a further 6.2%.

In terms of the main suppliers, Spain, with a CAGR of +236.5%, saw the highest rates of growth with regard to the value of imports, 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 metal wool import price amounted to $X per ton, with a decrease of -25.5% against the previous year. Overall, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 53%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average 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 Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+39.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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