Luxembourg: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Luxembourg

The Luxembourg plastic self-adhesive plate market soared to $X in 2022, surging by 267% against the previous year. In general, consumption posted strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Plastic Self-Adhesive Plate Production in Luxembourg

In value terms, plastic self-adhesive plate production rose to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2018 with an increase of 79% against the previous year. Plastic self-adhesive plate production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Plastic Self-Adhesive Plate Exports

Exports from Luxembourg

In 2022, shipments abroad of plastic self-adhesive plates, sheets and other flat shapes decreased by -7.8% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 50%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, plastic self-adhesive plate exports totaled $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by 50% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of plastic self-adhesive plate exports from Luxembourg, together comprising 52% of total exports. Poland, Italy, Spain, the Netherlands and the UK lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +17.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the largest markets for plastic self-adhesive plate exported from Luxembourg worldwide, together comprising 53% of total exports. Italy, Poland, the Netherlands, Spain and the UK lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +16.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic self-adhesive plate export price amounted to $X per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($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 (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Luxembourg

For the third consecutive year, Luxembourg recorded growth in purchases abroad of plastic self-adhesive plates, sheets and other flat shapes, which increased by 0.9% to X tons in 2022. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 41% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plastic self-adhesive plate imports reached $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +49.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of plastic self-adhesive plate imports to Luxembourg, together accounting for 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +25.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and France ($X) constituted the largest plastic self-adhesive plate suppliers to Luxembourg, with a combined 86% share of total imports.

Belgium, with a CAGR of +19.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, increasing by 2.6% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic self-adhesive plate import price increased by +72.5% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 49%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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