Report Update Nov 1, 2024

Luxembourg - Saccharin and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Saccharin Market 2024

Saccharin Market Size in Luxembourg

The Luxembourg saccharin market skyrocketed to $X in 2021, rising by 42% 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). Overall, consumption showed significant growth. Saccharin consumption peaked in 2021 and is likely to continue growth in the near future.

Saccharin Exports

Exports from Luxembourg

For the fourth year in a row, Luxembourg recorded growth in overseas shipments of saccharin and its salts, which increased by 33% to X kg in 2021. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, saccharin exports soared to $X in 2021. In general, exports, however, faced a significant decline. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for saccharin exports from Luxembourg, accounting for a 75% share of total exports. Moreover, saccharin exports to France exceeded the volume sent to the second major destination, Belgium (X kg), threefold.

From 2015 to 2021, the average annual rate of growth in terms of volume to France amounted to +50.0%.

In value terms, Belgium ($X) and France ($X) constituted the largest markets for saccharin exported from Luxembourg worldwide.

Among the main countries of destination, France, with a CAGR of +212.5%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average saccharin export price stood at $X per ton in 2021, increasing by 12% against the previous year. In general, the export price, however, continues to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 33%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to France totaled $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+162.0%).

Saccharin Imports

Imports into Luxembourg

In 2021, imports of saccharin and its salts into Luxembourg skyrocketed to X tons, picking up by 40% on the previous year's figure. Overall, imports saw significant growth. The growth pace was the most rapid in 2016 when imports increased by 258% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, saccharin imports surged to $X in 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 210% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) was the main saccharin supplier to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +49.6%.

In value terms, Germany ($X) constituted the largest supplier of saccharin and its salts to Luxembourg.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +44.4%.

Import Prices by Country

In 2021, the average saccharin import price amounted to $X per ton, growing by 4.7% against the previous year. Overall, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saccharin and its salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Korea, with a combined 32% share of global consumption.

What are the largest producers of saccharin and its salts in the world?

China constituted the country with the largest volume of saccharin production, comprising approx. 81% of total volume. Moreover, saccharin production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of saccharin and its salts to Luxembourg?

In value terms, Germany constituted the largest supplier of saccharin to Luxembourg.

What are the leading importers of saccharin and its salts from Luxembourg?

In value terms, Belgium remains the key foreign market for saccharin exports from Luxembourg, comprising 77% of total exports. The second position in the ranking was occupied by France, with a 23% share of total exports.

What is the average export price for saccharin and its salts in Luxembourg?

In 2021, the average saccharin export price amounted to $12,774 per ton, with a decrease of -22.8% against the previous year.

What is the average import price for saccharin and its salts in Luxembourg?

In 2021, the average saccharin import price amounted to $7,309 per ton, picking up by 4.4% against the previous year.

This report provides an in-depth analysis of the saccharin market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144320 - Saccharin and its salts

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023