Luxembourg: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Luxembourg

The Luxembourg cement prefabricated structural components market skyrocketed to $X in 2021, jumping by 44% against the previous year. Overall, consumption posted a resilient expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Luxembourg

In value terms, cement prefabricated structural components production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 181% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Luxembourg

Cement prefabricated structural components exports from Luxembourg amounted to X tons in 2021, surging by 11% compared with the year before. Overall, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2019 when exports increased by 25%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports rose sharply to $X in 2021. In general, exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 27%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for cement prefabricated structural components exports from Luxembourg, with a 64% share of total exports. Moreover, cement prefabricated structural components exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to France totaled -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.4% per year) and Belgium (-2.8% per year).

In value terms, France ($X) remains the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Luxembourg, comprising 63% of total exports. The second position in the ranking was held by Germany ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.3% per year) and Belgium (-5.2% per year).

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 8.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 France (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Luxembourg

In 2021, imports of prefabricated structural components of cement, concrete or artificial stone into Luxembourg declined to X tons, shrinking by -5.2% on the previous year. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 134%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, cement prefabricated structural components imports expanded markedly to $X in 2021. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by 50%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of cement prefabricated structural components imports to Luxembourg, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +29.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cement prefabricated structural components suppliers to Luxembourg were Belgium ($X), Germany ($X) and France ($X), together comprising 98% of total imports.

Among the main suppliers, France, with a CAGR of +21.5%, saw the highest growth rate of 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

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, picking up by 12% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 143%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :