Luxembourg: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Luxembourg

The Luxembourg cast iron household articles market reduced markedly to $X in 2022, shrinking by -29.4% 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). Over the period under review, consumption, however, recorded a slight expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Luxembourg

In 2022, approx. X tons of table, kitchen or household articles of cast iron were exported from Luxembourg; reducing by -50.6% compared with 2021 figures. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 505%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, cast iron household articles exports shrank to $X in 2022. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 170%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for cast iron household articles exports from Luxembourg, with a 80% share of total exports. Moreover, cast iron household articles exports to Belgium exceeded the volume sent to the second major destination, France (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-24.3% per year) and Germany (-0.2% per year).

In value terms, Belgium ($X) remains the key foreign market for table, kitchen or household articles of cast iron exports from Luxembourg, comprising 66% of total exports. The second position in the ranking was held by France ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-23.7% per year) and Germany (+7.4% per year).

Export Prices by Country

In 2022, the average cast iron household articles export price amounted to $X per ton, picking up by 99% against the previous year. In general, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 134%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Luxembourg

In 2022, cast iron household articles imports into Luxembourg declined notably to X tons, shrinking by -41.1% on the previous year's figure. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 when imports increased by 187%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cast iron household articles imports fell notably to $X in 2022. In general, imports, however, posted a tangible increase. The pace of growth was the most pronounced in 2019 with an increase of 58% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

France (X tons), Belgium (X tons) and China (X tons) were the main suppliers of cast iron household articles imports to Luxembourg, together accounting for 84% of total imports. The Netherlands, Germany and Spain lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cast iron household articles suppliers to Luxembourg were Belgium ($X), France ($X) and Germany ($X), together comprising 84% of total imports. The Netherlands, China and Spain lagged somewhat behind, together accounting for a further 12%.

The Netherlands, with a CAGR of +21.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, rising by 37% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cast iron household articles import price increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 93% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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