Luxembourg: Polyurethanes Market 2025

Polyurethanes Market Size in Luxembourg

The Luxembourg polyurethanes market skyrocketed to $X in 2021, jumping by 45% 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, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +11.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Polyurethanes Exports

Exports from Luxembourg

In 2021, the amount of polyurethanes in primary forms exported from Luxembourg soared to X tons, with an increase of 46% on the previous year's figure. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 54% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, polyurethanes exports surged to $X in 2021. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when exports increased by 57%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons), Germany (X tons) and the UK (X tons) were the main destinations of polyurethanes exports from Luxembourg, with a combined 84% share 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 Poland (with a CAGR of +109.6%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for polyurethanes in primary forms exports from Luxembourg, comprising 50% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by the UK, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland stood at +125.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+99.3% per year) and the UK (-5.7% per year).

Export Prices by Country

In 2021, the average polyurethanes export price amounted to $X per ton, picking up by 5.6% against the previous year. In general, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polyurethanes export price increased by +49.7% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($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 Italy (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Polyurethanes Imports

Imports into Luxembourg

In 2021, polyurethanes imports into Luxembourg soared to X tons, growing by 46% compared with the previous year. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +11.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.8% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 96%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, polyurethanes imports skyrocketed to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 91% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of polyurethanes imports to Luxembourg, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +60.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Italy ($X) constituted the largest polyurethanes suppliers to Luxembourg, with a combined 72% share of total imports.

The Netherlands, with a CAGR of +53.7%, saw 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

The average polyurethanes import price stood at $X per ton in 2021, which is down by -1.6% against the previous year. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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