Report Update Nov 1, 2024

Luxembourg - Safety Fuses, Detonating Fuses and Electric Detonators - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Luxembourg

The Luxembourg fuse and detonator market expanded remarkably to $X in 2021, rising by 9.5% against the previous year. Over the period under review, consumption continues to indicate a strong increase. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Fuse And Detonator Production in Luxembourg

In value terms, fuse and detonator production rose rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Fuse And Detonator Exports

Exports from Luxembourg

In 2021, shipments abroad of safety fuses, detonating fuses and electric detonators decreased by 0% to X kg, falling for the second year in a row after three years of growth. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2013 with an increase of 138%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, fuse and detonator exports stood at $X in 2021. Over the period under review, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by 174% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for fuse and detonator exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France totaled -43.6%.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -44.1%.

Export Prices by Country

In 2021, the average fuse and detonator export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 69%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +68.8% per year.

Fuse And Detonator Imports

Imports into Luxembourg

In 2021, imports of safety fuses, detonating fuses and electric detonators into Luxembourg surged to X tons, rising by 180% compared with the previous year's figure. Overall, imports, however, saw a abrupt slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fuse and detonator imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt decline. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X kg) constituted the largest fuse and detonator supplier to Luxembourg, accounting for a 68% share of total imports. Moreover, fuse and detonator imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X kg), twofold. France (X kg) ranked third in terms of total imports with a 0.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.8% per year) and France (-16.7% per year).

In value terms, Germany ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Luxembourg, comprising 65% of total imports. The second position in the ranking was taken by Belgium ($X), with a 32% share of total imports. It was followed by the United States, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.4% per year) and the United States (-12.7% per year).

Import Prices by Country

In 2021, the average fuse and detonator import price amounted to $X per ton, waning by -25.7% against the previous year. Overall, the import price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 81% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety fuses, detonating fuses and electric detonators in the world?

The country with the largest volume of fuse and detonator consumption was China, accounting for 23% of total volume. Moreover, fuse and detonator consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of safety fuses, detonating fuses and electric detonators in the world?

China constituted the country with the largest volume of fuse and detonator production, comprising approx. 24% of total volume. Moreover, fuse and detonator production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 7% share.

What are the leading suppliers of safety fuses, detonating fuses and electric detonators to Luxembourg?

In value terms, Germany constituted the largest supplier of fuse and detonator to Luxembourg, comprising 70% of total imports. The second position in the ranking was occupied by Belgium, with a 30% share of total imports.

What are the leading importers of safety fuses, detonating fuses and electric detonators from Luxembourg?

In value terms, Belgium, Austria and Germany appeared to be the largest markets for fuse and detonator exported from Luxembourg worldwide, together comprising 94% of total exports.

What is the average export price for safety fuses, detonating fuses and electric detonators in Luxembourg?

In 2019, the average fuse and detonator export price amounted to $130,217 per ton, dropping by -39.8% against the previous year.

What is the average import price for safety fuses, detonating fuses and electric detonators in Luxembourg?

The average fuse and detonator import price stood at $41,702 per ton in 2020, waning by -30.6% against the previous year.

This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators

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