Luxembourg: Moulds For Metal Market 2024

Moulds For Metal Market Size in Luxembourg

The Luxembourg moulds for metal market surged to $X in 2022, rising by 126% 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). Over the period under review, consumption showed prominent growth. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Moulds For Metal Exports

Exports from Luxembourg

In 2022, after two years of growth, there was significant decline in overseas shipments of moulds for metals, when their volume decreased by -7.8% to X tons. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,795%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, moulds for metal exports shrank significantly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 623%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Germany (X tons) was the main destination for moulds for metal exports from Luxembourg, accounting for a 14% share of total exports. Moreover, moulds for metal exports to Germany exceeded the volume sent to the second major destination, Myanmar (X kg), more than tenfold. The third position in this ranking was held by Switzerland (X kg), with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+4,400.0% per year) and Switzerland (+56.0% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for moulds for metals exports from Luxembourg, comprising 68% of total exports. The second position in the ranking was taken by Germany ($X), with a 4.2% share of total exports. It was followed by France, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar totaled +654.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-12.6% per year) and France (+201.5% per year).

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, which is down by -35.9% against the previous year. In general, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 1,463% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 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 Myanmar ($X per ton), while the average price for exports to Switzerland ($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 Egypt (+8,200.4%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Luxembourg

Moulds for metal imports into Luxembourg soared to X tons in 2022, jumping by 47% against the previous year's figure. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 340%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, moulds for metal imports expanded markedly to $X in 2022. In general, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2015 when imports increased by 92%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of moulds for metal imports to Luxembourg, together accounting for 61% of total imports. China lagged somewhat behind, comprising a further 2.5%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +63.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) constituted the largest moulds for metal suppliers to Luxembourg, with a combined 66% share of total imports. These countries were followed by China, which accounted for a further 9.1%.

Among the main suppliers, China, with a CAGR of +64.0%, 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 a decline.

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, with a decrease of -28% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 89% against the previous year. 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 Germany ($X per ton), while the price for Belgium ($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 (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform