Luxembourg: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Luxembourg

In 2022, after three years of growth, there was significant decline in the Luxembourg paper pulp moulded articles market, when its value decreased by -17.1% to $X. Over the period under review, consumption showed a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Luxembourg

Paper pulp moulded articles exports from Luxembourg dropped remarkably to X kg in 2022, declining by -82.3% against 2021. Overall, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 257%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, paper pulp moulded articles exports shrank sharply to $X in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 62%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg), France (X kg) and Germany (X kg) were the main destinations of paper pulp moulded articles exports from Luxembourg.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +4.4%), while shipments for the other leaders experienced a decline.

In value terms, Belgium ($X) remains the key foreign market for moulded or pressed articles of paper pulp exports from Luxembourg, comprising 69% of total exports. The second position in the ranking was held by France ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.9% per year) and Germany (-43.4% per year).

Export Prices by Country

In 2022, the average paper pulp moulded articles export price amounted to $X per ton, picking up by 50% against the previous year. Overall, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 321%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average 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 ($X per ton), while the average price for exports to Germany ($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 Oman (+94.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Luxembourg

In 2022, after two years of growth, there was significant decline in purchases abroad of moulded or pressed articles of paper pulp, when their volume decreased by -40.4% to X tons. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 44%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, paper pulp moulded articles imports declined to $X in 2022. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2014 with an increase of 34% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest paper pulp moulded articles supplier to Luxembourg, accounting for a 79% share of total imports. Moreover, paper pulp moulded articles imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.8% per year) and Germany (-15.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to Luxembourg, comprising 72% of total imports. The second position in the ranking was held by France ($X), with an 8.6% share of total imports. It was followed by Germany, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-11.3% per year) and Germany (-12.7% per year).

Import Prices by Country

In 2022, the average paper pulp moulded articles import price amounted to $X per ton, increasing by 58% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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