Luxembourg: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Luxembourg

The Luxembourg graphite non-electrical articles market surged to $X in 2021, increasing by 233% against the previous year. In general, consumption, however, showed a deep reduction. Graphite non-electrical articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Graphite Non-Electrical Articles Production in Luxembourg

In value terms, graphite non-electrical articles production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when the production volume increased by 64%. Graphite non-electrical articles production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Graphite Non-Electrical Articles Exports

Exports from Luxembourg

In 2021, shipments abroad of non-electrical articles of graphite or other carbon increased by 21% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 59% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, graphite non-electrical articles exports surged to $X in 2021. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 37%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), the UK (X tons) and Hungary (X tons) were the main destinations of graphite non-electrical articles exports from Luxembourg, together accounting for 69% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +72.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) were the largest markets for graphite non-electrical articles exported from Luxembourg worldwide, with a combined 58% share of total exports. Italy, Hungary, the Netherlands and Poland lagged somewhat behind, together comprising a further 22%.

Hungary, with a CAGR of +47.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average graphite non-electrical articles export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Germany (+4.7%), while the prices for the other major destinations experienced a decline.

Graphite Non-Electrical Articles Imports

Imports into Luxembourg

Graphite non-electrical articles imports into Luxembourg soared to X tons in 2021, growing by 34% against 2020. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 64%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, graphite non-electrical articles imports rose significantly to $X in 2021. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2015 with an increase of 53%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of graphite non-electrical articles to Luxembourg, accounting for a 59% share of total imports. Moreover, graphite non-electrical articles imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.6% per year) and Germany (+5.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of graphite non-electrical articles to Luxembourg, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.5% per year) and Germany (+13.7% per year).

Import Prices by Country

In 2021, the average graphite non-electrical articles import price amounted to $X per ton, declining by -14.7% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 9.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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