Luxembourg: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Luxembourg

The Luxembourg market for non-cellular plates, sheets, film, foil and strip of plastics expanded remarkably to $X in 2022, increasing by 12% 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). In general, consumption saw a measured expansion. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Luxembourg

Exports of non-cellular plates, sheets, film, foil and strip of plastics from Luxembourg reduced to X tons in 2022, dropping by -10.9% compared with 2021. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 139%. Over the period under review, the exports of attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics surged to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 49%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Luxembourg, with a 48% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.6% per year) and Belgium (+11.5% per year).

In value terms, Germany ($X) remains the key foreign market for non-cellular plates, sheets, film, foil and strip of plastics exports from Luxembourg, comprising 31% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by Austria, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.2% per year) and Austria (+0.0% per year).

Export Prices by Country

In 2022, the average export price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, surging by 37% against the previous year. Over the period under review, the export price, however, saw a perceptible descent. Over the period under review, the average export prices hit record highs 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Greece ($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 the UK (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Luxembourg

In 2022, supplies from abroad of non-cellular plates, sheets, film, foil and strip of plastics decreased by -1.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 135%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics expanded sharply to $X in 2022. The total import value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 58%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest non-cellular plates, sheets, film, foil and strip of plastics supplier to Luxembourg, with a 43% share of total imports. Moreover, imports of non-cellular plates, sheets, film, foil and strip of plastics from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-7.2% per year) and Belgium (-1.1% per year).

In value terms, Germany ($X) constituted the largest supplier of non-cellular plates, sheets, film, foil and strip of plastics to Luxembourg, comprising 36% of total imports. The second position in the ranking was taken by Ireland ($X), with a 10% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-4.6% per year) and Belgium (+0.1% per year).

Import Prices by Country

In 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Poland ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform