Luxembourg: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Luxembourg

The Luxembourg soap in different forms market reduced remarkably to $X in 2021, which is down by -24.9% 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 recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Exports of Soap In Different Forms

Exports from Luxembourg

In 2021, soap in different forms exports from Luxembourg shrank remarkably to X tons, which is down by -34.6% on the year before. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 77% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, soap in different forms exports fell markedly to $X in 2021. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 22%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of soap in different forms exports from Luxembourg, together accounting for 85% of total exports. Austria lagged somewhat behind, comprising a further 10%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +73.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Belgium ($X) and Germany ($X) were the largest markets for soap in different forms exported from Luxembourg worldwide, together accounting for 92% of total exports. These countries were followed by Austria, which accounted for a further 3.8%.

In terms of the main countries of destination, Austria, with a CAGR of +67.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average soap in different forms export price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2016 an increase of 30%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Austria ($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 (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Soap In Different Forms

Imports into Luxembourg

In 2021, imports of soap in different forms into Luxembourg shrank sharply to X tons, which is down by -38.6% against 2020 figures. In general, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, soap in different forms imports contracted markedly to $X in 2021. Over the period under review, imports saw a mild decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

Belgium (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of soap in different forms imports to Luxembourg, with a combined 75% share of total imports. Germany, the Netherlands and Italy lagged somewhat behind, together accounting for a further 24%.

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 +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of soap in different forms to Luxembourg, comprising 43% of total imports. The second position in the ranking was held by France ($X), with a 19% share of total imports. It was followed by Germany, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.7% per year) and Germany (-9.2% per year).

Import Prices by Country

In 2021, the average soap in different forms import price amounted to $X per ton, picking up by 31% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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