Luxembourg: Bath Preparations Market 2024

Bath Preparations Market Size in Luxembourg

The Luxembourg bath preparations market surged to $X in 2021, picking up by 16% against the previous year. Over the period under review, consumption recorded a deep downturn. Bath preparations consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bath Preparations Production in Luxembourg

In value terms, bath preparations production dropped remarkably to $X in 2021 estimated in export price. In general, production, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 341%. Bath preparations production peaked at $X in 2020, and then reduced sharply in the following year.

Bath Preparations Exports

Exports from Luxembourg

In 2021, approx. X tons of perfumed bath salts and other bath preparations were exported from Luxembourg; growing by 138% on the year before. Overall, exports showed prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 258%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, bath preparations exports skyrocketed to $X in 2021. Over the period under review, exports saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 228%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for bath preparations exports from Luxembourg, with a 64% share of total exports. Moreover, bath preparations exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), sixfold. Austria (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+60.6% per year) and Austria (+32.5% per year).

In value terms, Germany ($X) remains the key foreign market for perfumed bath salts and other bath preparations exports from Luxembourg, comprising 70% of total exports. The second position in the ranking was held by Hungary ($X), with an 11% share of total exports. It was followed by Austria, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+72.6% per year) and Austria (+19.4% per year).

Export Prices by Country

The average bath preparations export price stood at $X per ton in 2021, with a decrease of -38.4% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Austria ($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 Hungary (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Bath Preparations Imports

Imports into Luxembourg

In 2021, approx. X tons of perfumed bath salts and other bath preparations were imported into Luxembourg; waning by -10.2% against the previous year. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 9.5% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, bath preparations imports rose markedly to $X in 2021. Overall, imports continue to indicate a pronounced setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest bath preparations supplier to Luxembourg, with a 56% share of total imports. Moreover, bath preparations imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.1% per year) and the Netherlands (+10.6% per year).

In value terms, the largest bath preparations suppliers to Luxembourg were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined 91% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +22.3%, 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

The average bath preparations import price stood at $X per ton in 2021, with an increase of 27% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.3%. 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 2021, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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