Luxembourg: Peroxosulphates Market 2024

Peroxosulphates Market Size in Luxembourg

In 2021, the Luxembourg peroxosulphates market increased by 72% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate a significant expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Peroxosulphates Production in Luxembourg

In value terms, peroxosulphates production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 12%. Peroxosulphates production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Peroxosulphates Exports

Exports from Luxembourg

Peroxosulphates exports from Luxembourg fell remarkably to X kg in 2021, reducing by -63.5% compared with the year before. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2013 when exports increased by 185% against the previous year. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, peroxosulphates exports declined to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 436%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for peroxosulphates exports from Luxembourg, accounting for a 93% share of total exports. Moreover, peroxosulphates exports to Belgium exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to +17.2%.

In value terms, Belgium ($X) remains the key foreign market for peroxosulphates exports from Luxembourg, comprising 92% of total exports. The second position in the ranking was taken by Germany ($X), with a 7.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +19.3%.

Export Prices by Country

In 2021, the average peroxosulphates export price amounted to $X per ton, surging by 132% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.

Peroxosulphates Imports

Imports into Luxembourg

In 2021, purchases abroad of peroxosulphates (persulphates) increased by 92% to X tons, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 183%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, peroxosulphates imports soared to $X in 2021. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 101% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of peroxosulphates to Luxembourg, with a 78% share of total imports. Moreover, peroxosulphates imports from Belgium exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. The third position in this ranking was taken by France (X kg), with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +57.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+153.4% per year) and France (-31.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of peroxosulphates to Luxembourg, comprising 80% of total imports. The second position in the ranking was taken by Austria ($X), with a 14% share of total imports. It was followed by France, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+61.6% per year) and France (-30.1% per year).

Import Prices by Country

The average peroxosulphates import price stood at $X per ton in 2021, with a decrease of -30.8% against the previous year. Over the period under review, the import price faced a abrupt descent. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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