Luxembourg: Natural Sand Market 2022

Natural Sand Market Size in Luxembourg

The Luxembourg natural sand market dropped notably to $X in 2021, falling by -18.8% against the previous year. Overall, consumption, however, saw a abrupt descent. Natural sand consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Natural Sand Production in Luxembourg

In value terms, natural sand production contracted notably to $X in 2021 estimated in export price. In general, production recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 342% against the previous year. Natural sand production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Natural Sand Exports

Exports from Luxembourg

In 2021, the amount of natural sands exported from Luxembourg dropped dramatically to X tons, which is down by -69.2% against the previous year's figure. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 253% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, natural sand exports dropped markedly to $X in 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 183% against the previous year. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

Belgium (X tons) was the main destination for natural sand exports from Luxembourg, with a 64% share of total exports. Moreover, natural sand exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-16.0% per year) and France (-25.7% per year).

In value terms, Belgium ($X) emerged as the key foreign market for natural sand exports from Luxembourg, comprising 69% of total exports. The second position in the ranking was held by Germany ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-14.2% per year) and France (-17.4% per year).

Export Prices by Country

In 2021, the average natural sand export price amounted to $X per ton, growing by 29% against the previous year. In general, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, natural sand export price increased by +60.1% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 51%. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Sand Imports

Imports into Luxembourg

In 2021, supplies from abroad of natural sands was finally on the rise to reach X tons after two years of decline. In general, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 82% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, natural sand imports stood at $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.8% against 2018 indices. The pace of growth was the most pronounced in 2014 when imports increased by 104%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of natural sand to Luxembourg, with a 73% share of total imports. Moreover, natural sand imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.2% per year) and France (+6.4% per year).

In value terms, the largest natural sand suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), together comprising 99% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +6.5%, recorded 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 2021, the average natural sand import price amounted to $X per ton, declining by -32.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. The import price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :