Luxembourg: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Luxembourg

The Luxembourg pyrotechnic articles market rose notably to $X in 2021, with an increase of 13% 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 saw noticeable growth. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Pyrotechnic Articles Exports

Exports from Luxembourg

For the third year in a row, Luxembourg recorded growth in overseas shipments of signalling flares, rain rockets, fog signals and other pyrotechnic articles, which increased by 56% to X kg in 2021. Overall, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 1,400%. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, pyrotechnic articles exports surged to $X in 2021. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by 2,340% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X kg) was the main destination for pyrotechnic articles exports from Luxembourg, with a 85% share of total exports. Moreover, pyrotechnic articles exports to France exceeded the volume sent to the second major destination, Belgium (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +23.0%.

In value terms, France ($X) remains the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from Luxembourg, comprising 90% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France amounted to +17.7%.

Export Prices by Country

In 2021, the average pyrotechnic articles export price amounted to $X per ton, growing by 8.8% against the previous year. Overall, the export price recorded a significant expansion. The growth pace was the most rapid in 2015 an increase of 2,151%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrotechnic Articles Imports

Imports into Luxembourg

In 2021, supplies from abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles was finally on the rise to reach X tons after four years of decline. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 217%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pyrotechnic articles imports soared to $X in 2021. In general, imports saw resilient growth. The growth pace was the most rapid in 2016 with an increase of 122%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest pyrotechnic articles supplier to Luxembourg, accounting for a 84% share of total imports. Moreover, pyrotechnic articles imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X kg), ninefold. France (X kg) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+182.3% per year) and France (+63.7% per year).

In value terms, Germany ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Luxembourg, comprising 50% of total imports. The second position in the ranking was taken by Denmark ($X), with a 24% share of total imports. It was followed by France, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-34.0% per year) and France (+56.1% per year).

Import Prices by Country

The average pyrotechnic articles import price stood at $X per ton in 2021, surging by 14% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 129% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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